SAN JOSE | Projects and Developments

[gillynova]

Originally Posted by fimiak

Here is 33 Tehama's light show that has been a year in the making. It should be live in a few weeks.

^^ This should be in San Francisco, not San Jose haha.

Glad to see there's going to be more LED lights in the city! Just imagine the national TV coverage of San Francisco when the Warriors/Giants play

[cardinal2007]

https://www.mercurynews.com/2018/12/...-city-parcels/

SAN JOSE — Google has obtained an option to buy more downtown San Jose properties in the area of its proposed transit village, an unexpected deal that indicates the search giant has yet to quench its thirst for sites to create a game-changing project in the urban heart of the Bay Area’s largest city.

The options for Google will enable it to buy several parcels near the Diridon train station, including properties now occupied by Poor House Bistro and World of Sports Memorabilia in downtown San Jose, according to Santa Clara County real estate records.

Separately, Google this week completed the purchase, as anticipated, of several government-owned properties in downtown San Jose that are deemed vital to the development of the transit-oriented project.

Full financial terms for the options that Google has obtained weren’t disclosed. County records show the properties have addresses of 82 S. Montgomery St., and 87 and 91 S. Autumn St.

Mountain View-based Google also has obtained options for other properties in downtown San Jose, according to county records and interviews by this news organization with other local property owners. Those include separate options for the Templo La Hermosa building and the Kearney Pattern Works and Foundry complex, both on South Montgomery Street.

The heightened activity hints at a steadily widening scope for Google’s proposed transit-oriented community in downtown San Jose. Google plans a development of office buildings, homes, shops, restaurants and open spaces where 25,000 people would work, including 15,000 to 20,000 of the search giant’s employees.

Separate from the growing number of options that Google has obtained, the company has completed the purchase from the city of San Jose of 10 parcels previously owned by government agencies, part of a formal agreement between the municipality and the tech titan, county files show.

Google paid $69.1 million for the parcels, which are all located in a narrow strip between the SAP entertainment and sports complex on the north and West San Carlos Street on the south. The transactions were completed on Dec. 19, county records show.

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In those 24 months, Google has spent at least $310.1 million to buy an array of properties on the downtown’s western border, including vacant lots, surface parking areas, industrial properties, commercial sites and homes, this news organization’s survey of county public records show.

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[fimiak]

Originally Posted by gillynova

^^ This should be in San Francisco, not San Jose haha.

Glad to see there's going to be more LED lights in the city! Just imagine the national TV coverage of San Francisco when the Warriors/Giants play

Oops just fixed it

[gillynova]

Silvery Towers:









Modera:





Townhomes in downtown San Jose:

[cardinal2007]

[cardinal2007]

[gillynova]

I don't normally go this route in 280/680 but I noticed that there's an Oracle logo in this building now. Has this been there or did they put it up recently?



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Also some other updates while I was out yesterday. This one is Valleyfair:

Icon Theatre is still not open...



Inside:



Outdoors that's supposed to open Spring/Summer 2019:



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Santana Row Update:



New walkways:



New parking garage:



Back of 700 Santana Row:

[cardinal2007]

https://www.bizjournals.com/sanjose/..._news_headline

Downtown San Jose's new real estate star: Gary Dillabough
Gary Dillabough always wanted to work in real estate and development, but first took a detour through Silicon Valley’s tech, startup and venture capital worlds before becoming one of the most prolific downtown San Jose real estate investors in recent history.

To be clear, he hasn’t left his past professions behind, even as he and his investment partners scooped up properties worth hundreds of millions of dollars over the past year and a half and are now embarking on multiple building rehabs and redevelopments. Instead, he’s trying to integrate the development, VC and tech worlds, mixing green building and small-scale investing technologies he invests in into his building projects. In true tech culture fashion, he eschews the title of developer for less formal monikers, like "urban community builder."

“Fortunately, a lot of the jobs I've had, whether it was in real estate or in technology, … there are all kinds of different components that I think are allowing me to see the equation just a little differently than a traditional developer,” he said in a recent interview.

Dillabough has amassed large pieces of San Jose over the past year or so, but is still a bit of a mystery in the local development world. Along with partnering with various developers, he also leads a company called Urban Community along with co-founder Jeff Arrillaga.

Among the properties he's working on: the old Camera 12 theater along Second Street, where he and investment partner Don Imwalle are aiming to bring in a new entertainment use. He also owns the nine-story building at 152 N. Third St., where WeWork is gearing up to open its newest San Jose location.

Meanwhile, his company is also working on new plans for the three-acre Valley Title property in the city’s SoFA district, which is ripe for redevelopment. The group is working on re-entitling the planned Museum Place development and expansion of the current Tech Museum at Park Avenue and South Market Street.

But the property that has received the most fanfare is the historic Bank of Italy building, which he purchased in late 2017 a limited liability company with an address that leads back to WeWork’s New York office. He’s since picked up most of the low-slung, parking-filled block around the nearly 100-year-old building at the corner of North First and East Santa Clara streets.

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SV Business Journal talks about Gary Dillabough, his investments downtown, and an interview with the guy. I'm hoping the movie theater opens up again soon.

[cardinal2007]

https://www.bizjournals.com/sanjose/..._news_headline

Meet the new generation of developers building downtown San Jose


Gary Dillabough may have plans to develop or revamp some of the most anticipated projects and buildings in downtown San Jose, but he doesn’t like to think of himself as a developer.

“Hopefully we’re people who can create an urban community or great user experiences,” said the 55-year-old real estate and venture capital investor. Dillabough, along with real estate guru Jeff Arrillaga, founded and leads a company called Urban Community, which captures the legacy he’s hoping to create as an “urban community builder.

“If we do our jobs well, that’s what people, hopefully, will say,” he said.

And while San Jose’s downtown revival story has been dominated by talk of Google and its mega campus plans, the momentum started well before the tech titan announced in 2017 that San Jose was the next “it” place.

Dillabough is part of a tenacious group of investors and developers — or urban community builders — who have been laying the foundation in recent years for San Jose’s downtown growth after several false starts.

Downtown enthusiasts say this time, the momentum is real and lasting, and while longtime developers in the area have been critical to the city’s success, downtown has been buoyed by a new generation of investors who have visions for the commercial core that reach far beyond their own property lines.

Downtown San Jose has more than 30 development projects in its pipeline totaling more than 23 million square feet of potential new office space, 7,600 new residential units and more than 650 new hotel rooms, according to Business Journal research. Those numbers include projects that have been proposed, entitled or are under construction.

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Talks about downtown developments, including the rumor that Jay Paul will rebuild City Plaza into something much larger, hopefully break up the superblock back into 3 blocks?

[cardinal2007]

Looks like they finally cleared out Lake Miro:

https://www.mercurynews.com/2019/01/...-pushes-ahead/

Big downtown San Jose housing towers, retail, restaurant complex pushes ahead

SAN JOSE — A big development that will bring downtown San Jose two striking residential towers containing more than 600 dwellings, along with spaces for a restaurant, coffee shop and retailers, is slated to push ahead with construction this month, a realty executive said Friday.

Miro is a housing high-rise that would dramatically reshape San Jose’s skyline and become its tallest towers.

The project has cleared the hurdle of water that poured into the construction site, creating a large pond of water that had to be controlled and pumped out. That triggered a three-month delay while the water pool was steadily diminished

But now that project developer Bayview Development Group has vanquished the water woes, contractors are expected to begin pouring within the next few weeks the surface concrete slab, a necessary prelude to construction of the vertical components.

The development would include two towers that each will rise 28 stories and will also offer 18,000 square feet of commercial space, including enough room for a sit-down restaurant, a coffee shop and other retailers.

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I wonder if this and the delays with Silvery Towers are going to effectively kill any new underground parking downtown. Looking at how quickly The Graduate built up.

[gillynova]

Some pictures of downtown for the National Championship game.

[gillynova]

https://twitter.com/sjsulibrary/stat...75767211769857

AS House in SJSU is being moved as planned.

[gillynova]

Update post:

Modera:









Pic of Moment:



Good ole' Silvery Towers:

[gillynova]

Thanks to sjn for the find of Santana West.

Originally Posted by sjn

Leasing brochure

[gillynova]

Vespaio:





Incase you guys forgot:




Former SJSU AS House Location:





New Location:



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New SJSU Rec Building:







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The Graduate + from different angles:











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Silvery Towers. The Glass finally reached the top floor on the west side:



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Bonus: Art mural in downtown next to The Graduate

[cardinal2007]

https://www.mercurynews.com/2019/01/...-facebook/amp/

Downtown San Jose property’s new owner lands huge loan for key site

SAN JOSE — The owner of a property that’s deemed essential to the revival and expansion of downtown San Jose has landed a hefty loan, a move that could help spur redevelopment or upgrades of the site.

CityView Plaza, a huge office, restaurant and retail complex in downtown San Jose, was bought in July for $283.5 million — in cash — by an affiliate of developer Jay Paul.

Now San Francisco-based Jay Paul, through the affiliate, has obtained a $157.4 million mortgage from Citibank, according to Santa Clara County property documents.

“Jay Paul doesn’t do anything by small measures,” said Bob Staedler, principal executive with Silicon Valley Synergy, a land use and planning consultancy. “He is going to do something big with CityView Plaza.”

The 580,000-square-foot site is bounded by West San Fernando Street, South Almaden Boulevard, Park Avenue and South Market Street, and consists of 534,000 square feet of offices and 46,000 square feet of restaurant and retail space.

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City View Plaza is essentially a super block with offices and retail on what used to be 3 blocks, the rumor is that they will build huge office space there (2M sqft, up from 580k), and try to lure someone like Facebook, while also putting back the streets that were removed. But it is just a rumor AFAIK.

[timbad]

https://www.mercurynews.com/2019/01/...t-city-report/

SAN JOSE — Office, residential and hotel towers could be 260 feet tall — roughly 25 stories — in parts of downtown San Jose, including the development area of a proposed Google transit village, according to a new city staff proposal.

The proposal is designed to unleash a dramatic increase in the heights of buildings in downtown San Jose yet still preserve robust airline operations at the nearby international airport, and create 4,900 new jobs, the city staff report stated.

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The proposal would allow buildings to be 75 to 150 feet higher than is currently allowed by municipal ordinance in the area of the Diridon train station and the SAP Center, ...

In other parts of the downtown that are more directly beneath the flight paths of jetliners using San Jose International Airport, buildings could be five feet to 35 feet higher than they are now, which could add two or three stories to existing height limits.

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“The economic impact is overwhelming,” said Scott Knies, executive director of the San Jose Downtown Association. “When you double the building capacity on the west side of the downtown, what you gain in density and potential new employees and potential tax revenue, that completely offsets the aviation-related losses. We can have our cake and eat it too.”

An estimated 27 aviation jobs would be lost, and aviation-related economic activity would suffer a loss of $2 million if the city adopts the scenario proposed by the city staff, the report stated.

However, taller towers would create 4,900 jobs and increase economic activity in San Jose by $747 million, according to the city report.

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“Under federal law, the FAA must be given the opportunity to review every proposed tall structure near an airport, and any proposed structure over 200 feet high, to determine if it would pose a hazard to air traffic or navigation aids,” FAA spokesman Ian Gregor said. “The FAA’s determination is only a recommendation. We don’t have authority over local building decisions.”

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[cardinal2007]

[cardinal2007]

https://www.mercurynews.com/2019/02/...-san-jose/amp/

Big housing, retail tower proposed in downtown San Jose

SAN JOSE — A big housing and retail tower is being eyed in downtown San Jose, a complex that would bring the area hundreds of new student residential units.

Spartan Heights, a 316-unit residential development, would also include 11,000 square feet of ground-floor retail, according to documents on file with San Jose city planners.

The 23-story tower would be built at the corner of North Fourth and East St. John streets. The planning documents indicate that Brent Lee, a Saratoga-based realty investor, and San Jose-based development company Republic Urban are working together to gain approval of the project.

“There is demand for more student housing and this is just a few blocks from San Jose State University,” said Konstantin Voronin, land acquisition director with Republic Urban. “It seems like San Jose State plans to continue growing.”



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[gillynova]

^^ I would absolutely love for this to start already! More height in this side of downtown is needed, especially since it's student housing.

This will be helpful in activating this side of downtown more and it should be done in time for San James Park's renovation... which we don't know when it will start