Real Estate

Real Estate

UPDATE: San Jose council delays potential Calle Willow rezoning

Small businesses owners in San Jose’s Calle Willow district are fearing displacement. A delayed rezoning vote on their neighborhood isn’t likely to help assuage their fears. The San Jose City Council voted Tuesday to delay a vote to remove Willow Street, known to residents as Calle Willow, from a city plan to increase building height...

San Jose expands investigation of labor violations at emergency housing sites

San Jose is expanding its investigation of illegal labor practices, including wage theft, at emergency housing projects handled by Habitat for Humanity, but there’s no set date for when workers will get paid. The city’s Public Works Department is demanding $319,631.46 in restitution for workers from Veev Build, a subcontractor, for various alleged labor violations reported by...

San Jose mayoral candidate wants to upend state housing law

A San Jose mayoral candidate is campaigning against a controversial state law to alter zoning in single-family neighborhoods. Councilmember Dev Davis has repeatedly hammered SB 9 on social media and in a recent op-ed for opening residential neighborhoods to higher-density development. She became the first person in the state to sign an initiative for a 2022...

Commercial real estate investments soar in Silicon Valley

Commercial real estate sales boomed in Silicon Valley last quarter, but vacancies remain high throughout the region. A surge in investment activity between July and September brought year-to-date aggregate commercial real estate sales in the South Bay to $6.3 billion.  That’s the highest sales volume for the region since 2015, according to a new report...

The roadmap to San Jose’s Project Homekey proposals

With the recent influx in state and federal funding for homeless housing, San Jose is racing to add roughly 550 units of permanent and interim housing across the city. In September, Mayor Sam Liccardo and several councilmembers proposed a lofty goal to provide 2,300 new permanent and transitional housing units by the end of 2022...

Housing might replace shuttered Denny’s in Campbell

A 45-year-old local fixture in Campbell abruptly closed last month and could become a new housing development. The Denny’s restaurant at 2060 South Bascom Avenue in Campbell operated at the location since 1976. Two weeks ago, it shuttered with little notice. “We regret to inform you that as of 10/31/21 at 2 p.m., Denny’s has...

Santa Clara County foster youth to help design new facility

Foster youth are getting a brand new community center with permanent housing in San Jose—and will have a say in its design.  The Parkmoor Hub, being developed by Allied Housing, will include 81 units of affordable and supportive housing, with half for transitional-age foster youth and their children. It’s conveniently located near light rail, buses,...

San Jose business owners fear displacement from historic district

Dozens of Spanish-speaking businesses in the bullseye of rezoning on Willow Street rallied to force the city to rethink its position. Other business districts may not be so lucky. San Jose officials are exploring land-use changes to four business districts: Willow Street, North 13th Street, Willow Glen and Taylor Street in Japantown. The city wants...