Local developers, The Core Cos. and Republic Urban Properties, have shifted their plans to prioritize affordable housing at 1197 Lick Avenue. The revised proposal now includes 135 units of affordable housing, a significant increase from the original plan. Located next to Tamien Station, the development offers unparalleled access to Caltrain, Amtrak, VTA, and other public transit options. This prime location means residents can easily commute to work, access essential services, and enjoy the nearby amenities that make San Jose a desirable place to live. The project’s focus on affordability, paired with its transit-oriented design, makes it a standout in the city’s efforts to create housing that works for all.
Designed by Studio T-Square, the development will feature three buildings, each five stories tall, with a mix of one-, two-, and three-bedroom units. The affordable units are specifically set aside for households earning between 30% and 60% of the area’s median income, addressing a critical gap in San Jose’s housing market. Additionally, the project includes a ground-floor child-care center, which will serve up to 60 students, further enhancing the community’s resources. The pivot to affordable housing was driven by funding opportunities and the desire to deliver a project that meets the city’s most pressing needs.
With median rents soaring to $2,500 and a homeownership rate of just 55%, the city has been grappling with affordability for years. The development at 1197 Lick Avenue is a crucial step toward easing this burden, offering relief to low-income families and individuals who have long been priced out of the market. It also aligns with San Jose’s broader goals for transit-oriented growth, ensuring that housing is not only affordable but also sustainable and connected.
Source: SF YIMBY
