Google’s downtown San Jose project proposal has just cleared a significant hurdle. On Wednesday, the San Jose Planning Commission unanimously voted yes to recommending that the City Council approve the tech giant’s proposed campus. The project is now set to go before the council for a vote scheduled tentatively for May 25th.
Downtown West, as the project has been dubbed, is Google’s proposal for a mixed-use project that would turn approximately 80 acres around downtown San Jose’s western edge into an integrated, village-like campus. The project would include 5,900 housing units, up to 7.3 million square feet of commercial space, and 500,000 square feet of retail space in addition to planned outdoor/nature areas.
The San Jose Sharks have raised concern over the parking situation that would be impacted at SAP center by this new development. To mitigate for this impact, the Sharks are asking that the city double the project’s parking space requirement to 4,800 spaces. This would be in addition to a 1,200-space parking garage that the city has offered to build next to the arena.
San Jose Spotlight reported on one of the San Jose local’s voicing support for the development is Kathy Sutherland. She is co-founder of the Diridon Area Neighborhood Group, which is a group is made up of three neighborhood associations whose areas meet at the development’s doorstep.
“I feel very fortunate that there is a big master developer, because if that entire site was being developed by different people, it wouldn’t have that thoughtful look at it as a whole.”
Google’s Downtown West project now faces its next hurdle, a vote of approval from the San Jose City council currently scheduled for May 25th.
This stunning home offers the best of both worlds with highly rated Menlo Park Schools and the exclusivity of Portola Valley. This elegant 3,100Sq Ft home features a contemporary, newly remodeled 4 bedroom floorplan with 3.5 bathrooms, a large laundry room and outdoor studio. The home boasts all of the essential amenities and a gracious combination of refined interior finishes, two master bedrooms, an efficient two-story floor plan and a high level of architectural integrity. Oak flooring is featured throughout with beautiful ceramic tile in the bathrooms. In the kitchen are white quartz counters, Chefs cooktop & oven, SubZero fridge and Bosch dishwasher. Upstairs Master Bedroom has a large walk-in-closet w/ sitting area and en-suite bathroom. The backyard boasts a fully equipped outdoor kitchen with granite tile counters, grill, wine fridge, expansive lawn area and a beautiful granite tiled European fire pit w/ sitting area and a studio with heating and air conditioning. Sold for $3,550,000!
Contact us today for a free home value estimate! Eric Woodward at 408-623-7204 or [email protected] Even if you are not presently buying or selling, we are always happy to be a go-to resource for all your real estate needs!
Santa Clara county housing stats and market update for March 2021. Contact us today for a free home value estimate! Even if you are not presently buying or selling, we are always happy to be a go-to resource for all your real estate needs.
Single-Family Home Sales Statistics:
- 914 sales of single-family homes closed in March 2021
- Closed sales for single family homes was up compared 1 month ago by +51.3%, but was up +43.7% from closings one year ago
- The median sale price for a single-family home in March was $1,600,000
- The median sale price for a single-family home in March was up 7.7% compared to February and was up +14.3% compared to one year ago
- Average days on market for a single-family home was 19 days
- Average days on market for a single-family home was down from February when homes were taking an average 27 days and down from one year ago when homes were taking an average of 22 days on market
Condo Sales Statistics:
- 449 sales of condos closed in March 2021
- Closed sales for condos was up from one month ago by +30.5% and up compared to one year ago by +54.3%
- The median sale price for a condo in March was $875,000
- The median sale price for a condo in March was up +2.9% compared to February and was up +10.8% compared to one year ago
- Average days on market for a condo was 31 days
- Average days on market for a condo was down from February when condos were taking an average 33 days to sell and up from one year ago when condos were taking an average of 23 days on market
4 bedroom, 2.5 bathroom home just listed in the Milpitas’ Hidden Lake community! One of the largest floorplans and lots in the community! TOP RATED SCHOOLS: Curtner Elementary, Thomas Russell Middle & Milpitas High School. This beautiful home boasts a remodeled kitchen with a gas range, granite counter tops and stainless-steel appliances, newer AC unit, huge master bedroom suite, gorgeous private yard, 2 car attached garage, and so much more. Located next to Hidden Lake Park and Berryessa Creek Trail. The quaint community offers a fantastic pool, hot tub, and bbq area. Low HOA dues and over 100% funded! (4th bedroom built as office. Closet has been converted to bookshelves but could be converted back to closet). Don’t miss out on your opportunity to own one the best floor plans with one of the largest private lots in one of the best locations in the community!
Offered at $1,199,000. Contact Eric Woodward at [email protected] or 408-623-7204.
Explore now using our 3D Virtual Tour, click here: https://bit.ly/3uOc2iY
For more photos and information, click here: https://bit.ly/32aSbhx
Google’s mega project in downtown San Jose promises to be a game changer for the area. As the project moves towards its potential final approval, more details are now being released.
The tech giant is proposing 7.3 million square feet of office space, up to 4,000 homes, and 500,000 square feet of additional retail and other community space. Google is also committing $200 million in community benefits as well as 25% affordable housing.
The City Council will steer the direction of the community benefits fund and determine the priorities which will include money for job training, homeless aid, and small business support. These funds will be distributed throughout the duration of the project construction which is expected to take over a decade.
In addition to the community benefits fund, Google’s Downtown West project is projected to provide $74 million in one-time local taxes and fees and more than $100 million in new annual tax revenue.
“The benefits to our community come in many different forms,” said San Jose Mayor Sam Liccardo. “They’ve committed in a concrete way to address our community needs.”
Liccardo pointed out that Google’s approach to developing the area was a major contract to the approach of other companies. While other companies sought tax breaks and public subsidies when proposing their developments, Google’s Downtown West project will work to enhance the community and “inject vitality into San Jose’s downtown.”
The San Jose City Council is expected to vote for final approval of the project in late May.
For more details on Google’s plans for the Downtown West project, visit their website! –> https://realestate.withgoogle.com/sanjose/
Article source: https://www.sfchronicle.com/business/article/Google-s-San-Jose-megaproject-offers-200-16079273.php
Experience the height of downtown luxury in this exquisite 1-bedroom unit at the unparalleled Axis high-rise. This home features a gourmet kitchen with granite counters and stainless-steel appliances. Massive windows allow for spectacular natural light and provide views of the SAP center and beyond to the foothills. This unit also offers a spacious bedroom and bathroom, ample storage space, a washer dryer, a private balcony, and parking the secure garage. The Axis community features on-site concierge service, community entertainment lounge, fitness center, pool, 2 hot tubs, and outdoor barbecue, dining area, and lounge with firepit. Great location in Downtown San Jose just steps away from San Pedro Square, restaurants, coffee shops, and an easy walk to SAP Center, Diridon Station, and the proposed Google Village.
Offered at $750,000. Contact Tony Sum at 408-891-8289 or [email protected].
Explore now using our 3D Virtual Tour, click here: https://bit.ly/37qa1Qy
For more photos and information, click here: https://bit.ly/3bht5l7
Wonderful park-facing townhouse located at Viridian at Bernal Park. This 3-bedroom, 3-bathroom home is located in the best location within the complex with its park facing views. The floorplan includes a spacious living area, open kitchen, and a balcony off the living area that faces Bernal Park. The kitchen features granite counters and stainless-steel appliances including a gas range. Large master bedroom features en suite master bath and 2 closets. Upstairs guest bedroom also includes an en suite bath. Other features include an attached 2-car garage, interior laundry, central heat and A/C. This home is centrally located in the historic Japantown neighborhood directly across from Bernal Park and a short stroll to restaurants and shops in Japantown. Bernal Park is 5.8 acres of green space which includes a playground, softball field, and picnic area. Easy access to all major freeways and close to the proposed Google Village.
Offered at $899,000. Contact Tony Sum at [email protected] or 408-891-8289.
Explore now using our 3D Virtual Tour, click here: https://bit.ly/39CMzAM
For more photos and information, click here: https://bit.ly/3sNrKu2
Al Fresco has become a staple for maintaining businesses throughout the restrictions imposed by the pandemic. The need for extended outdoor operations spurred the city of San Jose to create San Jose’s Al Fresco Program. This program has allowed businesses to run on city-owned parking lots, streets, and parks free of charge.
A total of 131 businesses registered to operate outdoors in San Jose through the program, according to a memo by Economic Development Director Nanci Klein. A dozen businesses got permits to operate on streets temporarily closed to cars and thirty-five businesses received permits for using public sidewalks, a parklet or both.
This essential program is now set to expire at the end of the month. San Jose City Council will vote today (Tuesday, March 30th) to possibly extent the Al Fresco program through September 30, 2021. Even as Santa Clara county moves into the less restrictive orange tier, restaurants are still only able to operate indoors at 50% capacity. This is not sufficient for most businesses who will still require outdoor options and will find it vital that the Al Fresco program is extended.
Al Fresco has been a positive experience for many, especially as we move into the Spring/Summer and businesses see an influx in customers taking advantage of the excellent weather.
Councilmember Dev Davis said she’s optimistic the council will eventually make some version of Al Fresco permanent. “It’s a great program,” Davis told San José Spotlight. “I know that businesses, at least on Lincoln Avenue, have really taken advantage of the opportunity.”
Santa Clara county housing stats and market update for February 2021. Contact us today for a free home value estimate! Even if you are not presently buying or selling, we are always happy to be a go-to resource for all your real estate needs.
Single-Family Home Sales Statistics:
- 604 sales of single-family homes closed in February 2021
- Closed sales for single family homes was down compared 1 month ago by -1.9%, but was up +23.3% from closings one year ago
- The median sale price for a single-family home in February was $1,486,250
- The median sale price for a single-family home in February was up 8.1% compared to January and was up +10.5% compared to one year ago
- Average days on market for a single-family home was 27 days
- Average days on market for a single-family home was up from January when homes were taking an average 24 days and down from one year ago when homes were taking an average of 29 days on market
Condo Sales Statistics:
- 344 sales of condos closed in February 2021
- Closed sales for condos was up from one month ago by +28.4% and up compared to one year ago by +32.3%
- The median sale price for a condo in February was $850,000
- The median sale price for a condo in February was up +2.3% compared to January and was up +6.6% compared to one year ago
- Average days on market for a condo was 33 days
- Average days on market for a condo was down from January when condos were taking an average 39 days to sell and down from one year ago when condos were taking an average of 34 days on market
GET LUCKY IN DTSJ AND WIN GIFT CARDS TO DOWNTOWN BUSINESSES!
The San Jose Downtown Association is celebrating St Patrick’s day with Covid-friendly events including the downtown leprechaun hunt. When you’re dining, strolling, shopping and celebrating St. Patrick’s Day in downtown San Jose March 12-17 there are two ways to get lucky and enter to win gift cards to downtown businesses.
Lucky the Leprechaun will be into shenanigans at more than 30 downtown businesses, including ours! Swing by and get your picture with lucky the Leprechaun and enter for your chance to win!
Look for Lucky when you are downtownClick here for a list of Lucky’s location downtown1. Take a photo with Lucky in a business window or take a photo under the St. Patrick’s Day arch on San Pedro Street
2. Post your photo(s). You can post more than one photo as long as they are different.
3. Tag SJDA and use #DTSJlucky and #DTSJlove