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Old Posted May 3, 2017, 2:21 AM
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cardinal2007 cardinal2007 is offline
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Join Date: Nov 2015
Location: San Jose
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201 W Julian St. | 18 Floors | 59M / 195ft

201 W Julian St. | 18 Floors | 59M / 195ft

Courtesy Silicon Valley Business Journal

When San Jose's Julian Street "power curve" was built in the 1970s, the goal was to offer downtown motorists quick and easy access to Highway 87.

It worked. But it also stifled development on a broad swath of downtown by bisecting three parcels at odd angles. And walkability? Forget about it.

Now, after a decade of starts and stops, plans to bring "back the grid" by realigning Julian are moving forward. So are projects that will build more than 900 residential units on 10 acres of adjacent city-controlled land in the form of towers, townhomes and mid-rise buildings. Together, they promise to transform the North San Pedro district into a bustling new neighborhood.


The building, designed by BDE Architecture, is one of two towers that Swenson is working on. The other would include about 200 units at Devine and N. San Pedro streets on a lot that's currently slashed in half by Julian.



Two subsidiaries of San Francisco-based Full Power Properties – a US company linked to the Guangzhou-based builder – last week acquired the Park View Towers and North San Pedro Tower 3 residential projects in San Jose, California from local developer Swenson for an undisclosed sum, according to a report in the Silicon Valley Business Journal. Stories in the US and mainland press have linked Full Power to R&F, but the Chinese company has never acknowledged having a stake in the privately-held firm.
The property recently sold so hopefully it will be braking ground this year.
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