The California Department of Housing and Community Development recently approved San Jose’s Housing Element plans for the next decade — and San Jose’s skyline may soon start looking a lot more robust.
Let’s take a look at a few of the new developments coming to the great 408.
Pending Approval
Residential highrise, 439 S. Fourth St. | 210 units | With an emphasis on creating housing for San Jose State University students and faculty, this highrise would include a dog park, a gym + pool, and rooftop amenities.
Status: Awaiting City Council approval.
Approved
Modera the Alameda, 787 The Alameda | 168 units | A SoCal-based nonprofit purchased this space with tax-exempt bonds to transition the apartments into affordable housing, serving residents making 50-80% of the area’s median income.
Status: Pending improvements + renovations, open date unclear.
Tamien Station, 1355 Lick Ave. | 555 units | VTA + UrbanCo-Tamien LLC split the project — which includes 135 units designated for affordable housing and 420 market-rate homes — into three phases.The project is designed for those making between 30-60% of Santa Clara County’s median income ($181,300/year).
Status: Phase 1, focused on affordable housing, broke ground in October, and is expected to complete by 2025.
Five Wounds Urban Village, multiple locations | 900 units | Part of the Five Wounds Urban Village Plan, multiple residential buildings, including Vila De Camila, Casa Inclusiva, and Residencias Arianna will include affordable + market-rate units.
Status: Approved, will break ground this year.
Delayed
Stevens Creek Promenade Project, 4300 Stevens Creek Blvd. | Mixed-use | 407 units | The mixed-use space near Westfield Valley Fair and Santana Row would feature office, residential, retail, and restaurant space. 173 units will be allocated as affordable housing.
Status: Delayed to 2025, with construction beginning in phases.
We’ll keep an eye on the skyline for any new projects coming to San Jose this year.