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Business

Five key San Jose developments to watch in 2020

San Jose has seen a nearly unprecedented development proposal boom in recent years, and 2020 is set to be a critical year as some of those visions get off the ground or attract critical companies to the city. Here are five major projects to watch in the upcoming year. Will Museum Place finally begin to...

San Jose: Shuttered Camera 12 site could soon have a new purpose

More than three years after spinning its last movie, the vacant Camera 12 site in downtown San Jose could soon be transformed into a vibrant office and retail space. Urban Catalyst, a San Jose-based real estate equity fund focused on development in opportunity zones, announced this week it has closed on the property at 201...

Cambrian Park Plaza redevelopment will include more bike amenities, open space

Plans for a massive renovation of the historical Cambrian Park Plaza shopping center are taking a new direction to include public art and more pedestrian and bike friendly amenities. “It is substantially different from the original proposal,” said Councilmember Pam Foley whose district includes the 17-acre shopping center famous for its carousel display. Foley met...

Tech drives Silicon Valley leasing to the top, even as companies expand elsewhere

Silicon Valley is far outpacing all other metro areas when it comes to companies leasing and moving into commercial space, a trend driven primarily by tech, according to a recently released report. The trend, outlined in commercial real estate brokerage CBRE’s annual Tech-30 report, shows that even as many Bay Area companies increasingly look outside of...

Evergreen college district sued over development deal’s collapse

Four months after threatening litigation, a prominent San Jose developer has sued a major community college district after negotiations over a swath of land stalled and a high-profile development deal fell apart. “I think this case will raise important issues about the relationship between developers and public entities and how they go about getting property...

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