Monday, August 7, 2023

List of major Downtown San Jose projects under development

After many years of relatively generic proposals for Downtown San Jose throughout the early 2000s and 2010s, we are starting to see some bolder proposals that better reflect the diversity and uniqueness of Silicon Valley. 

I especially love projects that combine historic buildings with newer elements above or beside the original building, like what Bayview Development is doing at 150 E. Santa Clara.

For more details on each of these projects, hit the source link below.

Source: SVBJ

33 S. Montgomery St. (1.2 million SQF office, retail, and restaurants)

150 E. Santa Clara (75,285 SQFT Office + Retail)

The Terraine (319-unit residential, 12,263 SQFT of retail)

The Mark (Housing for 1,000 students)

Woz Way (1 million SQFT office, 10,100 SQFT retail)


Sunday, August 6, 2023

Levi's Stadium is hosting Super Bowl 60

Our neighbors at Santa Clara will once again be hosting the Super Bowl in 2026. Only two other Super Bowls have been hosted in the Bay Area. Super bowl 19 where the 49ers beat the Miami Dolphins at Stanford Stadium and Super Bowl 50, Levi's Stadium first Super Bowl. 

2026 is going to be a huge year for Levi's Stadium as they will also be hosting FIFA World Cup matches. The 49ers are planning to borrow $125 million from the NFL for stadium upgrades to prepare for these big events.

The biggest winner of Super Bowl LX (60) is likely going to be San Jose. There will be a huge economic boost including events, hotel bookings, and visitors flying into SJC. These will come without any sort of subsidy, liability, or major risks which will mostly be shouldered by Santa Clara (there is a lot of economic upside for them as well). 

Given the current issues San Francisco is facing with crime, homelessness, and the general logistics of it being an hour or two away with traffic--I think San Jose will end up with more of the planned events surrounding the Super Bowl than the last time around. 

Source: SVBJ



Saturday, August 5, 2023

The Alameda District in San Jose

SJ Today has a great guide for a 200-year old San Jose neighborhood laden with history and culture. You can find some great eateries here, including the Michelin-rated Luna Mexican Kitchen. Perhaps you could grab a drink at Hop & Vine or learn how to be an artist at Art Boutiki. Hit the link below for the history of The Alameda and a list of fun things to do there.

Source: SJ Today




Friday, August 4, 2023

Italian Family Festa this weekend at History Park San Jose

The 41st Italian Family Festa returns this weekend at History Park. There will be delicious Italian foods, live entertainment, culinary demos, five wineries, arts and crafts, a street dance, grape stomping, and even a re-enactment of a Roman encampment complete with Italian sword fighting. 

The event will run from 11am to 8pm on Saturday and 11am to 6pm on Sunday at History Park San Jose (1650 Senter Road). Admission is free and all ages are welcome. For more info and a full schedule of events, head over here.



More homes to replace surface parking near Roosevelt Park

213 homes are being planned at the corner of North 17th Street and East St. John Street, right on the outskirts of Downtown San Jose in the Julian-St. James neighborhood. 113 of the units are affordable family-oriented apartments, 64 would be dedicated to seniors, and 36 will be for-sale townhomes offered at affordable prices.

The family apartments will have 8,300 SQFT of amenities and an open-space courtyard while the senior apartments would have 10,400 SQFT of amenity space and a courtyard of their own. The townhomes will have a paseo running through them.

The project includes an 80-year old building that served as IBM's first operations on the West Coast. The developers are looking to somehow incorporate that building into the project.

Source: The Merc




Thursday, August 3, 2023

Monopoly: San Jose Edition

Did you know San Jose has the largest Monopoly board in the world? You can find it at Discovery Meadow near the Children's Discovery Museum and for $300 you can rent it for a private party. The 3-hour game even uses giant game pieces and dice. 

Now we're getting a normal size version of the game, but with a San Jose twist. The makers of Monopoly are creating a San Jose Edition of the game where all 38 spots on the board will represent local areas. You can submit ideas for the 22 property spots at sanjose@toptrumps.com. So if it's always been your dream to own both Santana Row and Valley Fair and add a couple hotels to them, this will be your chance.

Source: SVBJ


Wednesday, August 2, 2023

San Jose dethrones New York as most expensive rental market

Cheers to awards we don't want to win! In June the San Jose metro became the most expensive place to rent a home in the United States--beating out both New York and San Francisco. The median rent for a typical apartment, condo, or single family home in San Jose hit a staggering $3,411 per month. This just edged out the notoriously expensive New York Metro, which came in at $3,405.

Third place on the list was also a surprise. San Diego surpassed our neighbor up north with a median rent of $3,175/mo. San Francisco was fourth at $3,168 and Boston rounded out the top five at $3,045.

Source: TheRealDeal, Discophil from Skyscraper City




25-story apartment tower proposed for Downtown San Jose

An environmental impact report was filed recently for an infill high rise building at 439 South 4th Street. The property is only half an acre and currently has an aging three-story apartment building and detached single family home.

The proposed tower is 274-feet tall, 25-stories, and will have 1,500 SQFT of retail and five stories of parking. The parking will take up the majority of the basement and first four floors and allow for 168 cars and 70 bicycles.

Most of the 210 apartments appear to be three bedrooms, so they are likely targeting SJSU students similar to The Grad. There also appears to be a community room, dog park, fitness center, and pool deck.

If this moves forward, construction will take about two years after groundbreaking.

Source: SF YIMBY