A big office tower that’s proposed for a choice site in San Jose could morph into a housing highrise.
SAN JOSE — A big office tower that’s proposed for a choice site in San Jose could morph into a housing highrise, the project’s principal developer says, a fresh indicator of Bay Area office woes.
Now, the office highrise might be converted into an apartment tower, according to Erik Hayden, founder and managing partner with Urban Catalyst. The office tower would be built next to an Urban Catalyst-proposed 26-story housing highrise with 389 residences at the corner of North Fourth Street and East St. John Street.
During the panel discussion, Hayden asserted that the wobbly office market influenced Urban Catalyst to ponder the prospect of switching to apartments for the office complex.Hayden pointed to an Urban Catalyst office project on South First Street near East Santa Clara Street that has received final city approval but has yet to break ground.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weekend festivals: Seafood, art, wine, car shows lead the Sept. 9-10 offeringsBig events in Pittsburg, Mountain View, Berkeley, San Jose
Read more »
San Jose shooting wounds 2Police are investigating a shooting in San Jose overnight that wounded two men.
Read more »
Downtown San Jose is poised to escape “doom loop” scenario: expertsSome signs of hope have sprouted for the feeble office markets in downtown San Jose and Silicon Valley.
Read more »
Downtown San Jose is poised to escape “doom loop” scenario: expertsSome signs of hope have sprouted for the feeble office markets in downtown San Jose and Silicon Valley.
Read more »
San Jose’s Raging Waters to permanently closeRaging Waters was located next to Cunningham Lake in east San Jose
Read more »
San Jose water park doesn't plan to reopenRaging Waters San Jose, the largest water park in Northern California, has closed for the season and will remain closed through 2024.
Read more »