SAN JOSE — A giant San Jose housing growth with greater than 500 items is making progress at Metropolis Corridor with the submitting of detailed plans for the look and form of the two-building venture.
The residential complicated is proposed for 3896 Stevens Creek Boulevard in western San Jose, paperwork on file with metropolis planners present.
532-unit condominium complicated consisting of two buildings at 3896 Stevens Creek Boulevard in San Jose, elevated view, idea. (TCA Architects)
Avenue-level view of a 532-unit condominium complicated consisting of two buildings at 3896 Stevens Creek Boulevard in San Jose, idea. (TCA Architects)
The venture could be constructed on the nook of Stevens Creek Boulevard and Saratoga Avenue close to San Jose’s mega business hubs of Westfield Valley Honest and Santana Row, together with a regional auto row.
A couple of small buildings now occupy the 4.7-acre property the place the venture would sprout. Hokkaido Buffet, a restaurant, is among the many tenants on the positioning.
Elevated view of a 532-unit condominium complicated consisting of two buildings at 3896 Stevens Creek Boulevard in San Jose, idea. (TCA Architects)
Floor-level view of a 532-unit, two-building condominium complicated at 3896 Stevens Creek Boulevard in San Jose, idea. (TCA Architects)
At one level, the venture’s developer, Holland Companions, had envisioned a large workplace, retail and health complicated on the property. Holland scrapped these plans.
“The site … was previously entitled for an 882,000-square-foot office and retail redevelopment which, due to changes in market conditions, was unable to move forward,” Holland Companions acknowledged in its prior filings with the town.
Sky-high constructing vacancies, slumping rents and widening mortgage delinquencies have coalesced to power homeowners of Bay Space workplace buildings to navigate a forbidding financial panorama.
Regardless of the grim challenges, nevertheless, some indicators similar to a flurry of tech business lease offers in late 2024 have emerged to level to brighter circumstances for the area’s workplace sector.
As for the Stevens Creek Boulevard housing growth, the developer has sketched out a imaginative and prescient of two eight-story buildings with a complete of 532 flats.
One of many buildings would comprise 256 items, the plans present. The opposite constructing would have 276 items, in accordance with the proposal.
The proposal envisions a mixture of studios and one- and two-bedroom items.
“Private balconies are proposed for 30% of the units,” the event plans state.
About 13,800 sq. ft of retail could be included within the growth. Some retail area could be on the bottom flooring of every constructing.
“Approximately 25,000 square feet of amenity space will be included” within the venture, the proposal states. Each buildings would comprise a health middle, co-working area, clubroom and a foyer, the venture plans present.
A few of the items are anticipated to be inexpensive residences, the proposal signifies.
“The project is seeking a State Density Bonus for providing below-market-rate units,” the most recent growth plans state.
Earlier variations had advised that 5% of the items could be supplied to very low-income residents.
The 2 buildings could be separated sufficiently to permit open area between them.
Every constructing would comprise a courtyard and pool space, in accordance with the event plans.
“There will be common open space provided via a public corner plaza and paseo, and on the fourth floor,” the developer states within the venture plans.
The event web site is inside an space that’s influenced by a particular city village imaginative and prescient crafted by San Jose metropolis officers.
‘Holland and the design group imagine the proposal meets the intent of the Stevens Creek City Village Plan by considerably enhancing the pedestrian expertise alongside the Stevens Creek and Saratoga frontages and creating new public gathering areas that can give residents and guests causes to linger,” Holland acknowledged in an summary letter relating to the venture.
Initially Printed: February 26, 2025 at 8:10 AM PST
