SAN JOSE — A whole lot of properties, together with dozens of reasonably priced residences, can be constructed at a downtown San Jose website below an up to date plan that might double the variety of items within the mission.
Eterna Tower is the identify of the brand new housing highrise that might sprout on East Santa Clara Avenue between First Avenue and Second Avenue and embrace 200 properties, twice as many as the unique proposal for 96 items.
The residential tower can be 26 tales excessive, the identical as the unique proposal for the property.
Positioned at 17 via 31 E. Santa Clara St., the mission would demolish two small buildings, together with the location of a boarded-up former grownup intercourse store that was gutted by an arson hearth in 2019.
Undertaking developer Roygbiv Actual Property Growth and mission designer Anderson Architects imagine alternatives abound for a brand new housing tower in downtown San Jose.
Search large Google has proposed a transit-oriented neighborhood close to the Diridon practice station, tech titan Adobe is increasing its downtown headquarters campus with a brand new workplace tower and a number of builders akin to Jay Paul Co., a Westbank-City Neighborhood enterprise, and City Catalyst are shifting ahead with workplace or residential tasks.
Plus, the brand new mission would sprout subsequent to one of many anticipated entrances for a BART station in downtown San Jose, which might heighten the Eterna Tower’s enchantment.
“The Google village is shifting ahead, you will have a whole lot of different tasks, so you will note vital exercise within the downtown,” stated Kurt Anderson, a principal govt with Campbell-based Anderson Architects.
Roygbiv Actual Property Growth in February 2020 paid $3.4 million to buy the property at 17 via 25 E. Santa Clara, which turned out to be certainly one of two websites wanted to develop the mission.
“The developer is in contract to purchase the adjoining parcel,” Anderson stated.
Phrases of the pending property buy weren’t instantly out there. The property at 29 via 31 E. Santa Clara has an assessed worth of $1.4 million, based on Santa Clara County property data.
Ideas of Eterna Tower on file with metropolis planners present that the residential mission might be a placing addition to the San Jose skyline. The highrise can be considerably taller than different buildings within the rapid neighborhood.
“We actually wished this to be a really iconic constructing, an actual show-stopper,” Anderson stated in a earlier interview.
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