The expansion area will be incorporated into the current Special Improvement District, making MSBA's services available to the more than 30 businesses located within the new area.
A newly formed JV will focus primarily on the branded, premium select service and extended-stay segments of the hotel space in primary and secondary markets which demonstrate positive demand factors.
Downtown San Jose continues to attract larger tech tenants and provide the live/work/play lifestyle people want, with multifamily and condominium living opportunities amid urban amenities.
In this <b>EXCLUSIVE</b>, Heard says Transwestern has no plans to go public in the future because it values the benefits of being a privately held firm and its partners have flourished under the ownership structure.
The project, dubbed SouthLawn, will add more than 600 residences, more than 15,000 square feet of retail space and a town green near the historic downtown.