Development

Development

UPDATE: San Jose’s historic Burbank Theater sells for $1.6 million at auction

The historic Burbank Theater sold for $1.6 million in a Wednesday auction after sitting mostly empty for the last two decades. The winner of the auction has yet to be made public. The 72-year-old Art Deco icon sits in an unincorporated neighborhood that borders San Jose. The neglected and abandoned theater went up for auction Monday with a...

Developments ramp up in downtown San Jose opportunity zone

High-rise developments are flowing through the construction pipeline in downtown San Jose, fueled by investor money and tax incentives—and it’s going to be that way for the next few years. The spur in development is due to opportunity zones, economically challenged areas where investors can receive federal tax breaks for putting money toward revitalization. While the pandemic...

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