San Jose Gives Green Light to Downtown Projects
New development includes three towers, 939 apartments, more than 600K SF of offices.
San Jose’s City Council has approved three large downtown projects that will bring 939 apartments and more than 600K of office space to the heart of Silicon Valley.
The projects include the Icon/Echo office and residential towers complex, the Bo Town residential tower and the SuZaCo office and retail development, according to a report in SiliconValley,com.
Icon/Echo will consist of two towers. The 26-story Echo tower will have 389 residences and the 20-story Icon office tower would total 525K SF. This project would front on East Santa Clara Street, North Fourth Street and East St. John Street and will include 8,500K SF of retail. Urban Catalyst is the developer.
Orchard Residential, a 30-story residential tower with 540 housing units and 7,400K SF of ground-floor retail, will be built at 409 S. Second St. next to the site of the old Bo Town restaurant.
The Bo Town property will be preserved as part of the project, which is a partnership of developer Westbank and local developer Urban Community.
SuZaCo, a mixed-use complex at 130 through 150 E. Santa Clara St. and 17 S. Fourth St., will encompass 75K SF in a four- and six-story office and restaurant-focused retail building, including 67.9K of offices and 6,300 SF feet of retail, as well asa rooftop bar. The facade of the historic State Meat Building will be preserved. Bayview Development is building the project.
Besides these three projects, two tech giants, Adobe and Google, are moving forward with separate projects in San Jose.
San Jose-based Adobe is building a new tower that will expand its existing three-building downtown headquarters campus. On the western edge of downtown San Jose, Google is engaged in demolition work so it can begin infrastructure improvements ahead of the development of the first phase of its new new transit village.
“The people who live and work in these buildings will contribute to the vitality of downtown San Jose,” said Nanci Klein, the city’s director of economic development. “The projects will also contribute significant funds through property tax and utility tax, leading to more services delivered in San Jose.”