SAN JOSE — A major household development could sprout in north San Jose about a block from a light-weight rail station, a challenge that could incorporate hundreds of housing models to the place, metropolis ideas demonstrate.
The project would consist of a 7-tale apartment intricate and an adjacent cluster of townhomes on North Capitol Avenue close to the interchange of Interstate 680 and Berryessa Highway, in accordance to a proposal becoming reviewed by San Jose planners.
Less than the new proposal, 351 condominium models and 32 townhomes would be created at 905 N. Capitol Ave. in San Jose.
The web page is down the avenue from the Penitencia Creek BART prevent on North Capitol Avenue and is a two-mile drive from the Berryessa BART station.
“Placing superior-density housing at the Penitencia mild rail station makes perfectly very good sense,” claimed Erik Schoennauer, a associate with The Schoennauer Co., a land-use consultancy. “This undertaking is completely dependable with the city’s standard approach.”
Texas-based mostly The Hanover Co., an apartment developer with a coast-to-coastline get to, is the project’s developer. Hanover is active in 11 U.S. states, according to the developer’s website.
In downtown San Jose, Hanover is near to completing a huge household task on a triangular good deal at the corner of West Julian Avenue and Stockton Avenue, a short distance from the Diridon practice station.
That progress is made up of 249 housing units and 26,000 square ft of ground-flooring retail, according to Schoennauer.
Ever more, builders are seeking to make residential jobs near transit hubs, trying to find to simplicity the brutal commutes in the Bay Place.
One particular of the prime examples is Google’s Downtown West neighborhood around downtown San Jose’s Diridon train station.
Though the Google blended-use transit would include millions of sq. toes of workplaces, alongside with shops and dining places, to downtown San Jose, it would also add thousands of residences inside going for walks distance of the Diridon station.
Hanover seeks to attain this form of synergy with the development on North Capitol Avenue near the Penitencia light-weight rail end.
“We will hardly ever have a prosperous transit system if we do not consider whole edge of each and every opportunity to increase much more housing in close proximity to just about every transit station,” Schoennauer said.