San Jose has greenlit a major residential development that will bring 737 new homes to a long-vacant site in North San Jose. This multi-phase project from Valley Oak Partners turns nearly 10 acres between River Oaks Parkway, Iron Point Drive, and Cisco Way into a vibrant community. With proximity to key tech employers like Cisco, Intel, and Broadcom, the development supports the area's role as an innovation center by providing housing options close to work.
The project features a seven-story building with 505 market-rate apartments, ranging from studios to three-bedroom units. A separate five-story structure will house 132 fully affordable apartments, available at up to 80 percent of the area median income for Santa Clara County. Additionally, 100 for-sale townhouses in 14 three-story buildings will offer variety for families and individuals looking to put down roots.
This approval comes as San Jose works to meet its goal of 62,200 new housing units by 2031, despite past challenges with permitting and construction costs. North San Jose stands out with several large-scale projects advancing, including the Facchino Family's mixed-income neighborhood near the BART station and Hanover Company's Coyote Creek Village, which will add nearly 1,500 homes.
Community feedback shaped the final plans, leading to preserved redwood trees where possible and public improvements like enhanced crosswalks, wider sidewalks, and contributions to bike lanes on Cisco Way. These elements address concerns about pedestrian safety, traffic, and greenery, ensuring the development integrates well with the neighborhood.
Source: The Mercury News
