Real Estate

Real Estate

Downtown San Jose office vacancies hit 10-year high

Downtown San Jose’s commercial vacancy rates are the highest they’ve been in more than a decade, according to a new report. While development is slowly increasing across the city, real estate agents are struggling to find renters or tenants to fill the spaces. About 24% of commercial space in San Jose was empty during the...

Apartments could fill empty downtown San Jose storefronts

The owners of a luxury downtown San Jose apartment complex want to transform the building’s commercial space into more housing after struggling to find business tenants. Houston-based The Hanover Company is seeking approval at a San Jose Planning Director’s hearing on Wednesday to make the change in its building at 715 W. Julian Street, just off...

Will downtown San Jose church become historic landmark?

A downtown San Jose church is on the cusp of becoming a historic landmark, potentially ending a yearslong battle to shield the 1940s-era building from redevelopment. The San Jose City Council will vote in the next few weeks to designate Grace Baptist Church as a historic landmark—protecting it, ideally, indefinitely. Councilmember Omar Torres’ request for the...

East San Jose store faces outcry for obtaining liquor license

An East San Jose convenience store with a controversial history has received a permit to sell alcohol, despite concerns of underage drinking and increasing crime in the area. The San Jose Planning Commission on Sept. 27 granted Fast Mart, a convenience store at 1484 S. White Road in the Mount Pleasant South neighborhood, a conditional use...

Downtown San Jose pub owner plans new restaurant and bar

A successful San Jose pub owner’s plans for a new restaurant and bar in downtown are moving forward after getting approval from city officials. The as-of-yet unnamed business is slated to open in two ground floor spaces in two buildings connected by a hallway at 189 and 177 W. Santa Clara St. near the corner...

San Jose landmark in danger of further deterioration

A blighted downtown San Jose landmark is at risk of further deterioration after the tarps and scaffolding that have surrounded it for years were suddenly removed. Preservationists are concerned about damage to the First Church of Christ Scientist building after a local business owner took matters into his own hands by removing coverings while conducting...

San Jose weighs upping fines for neglected properties

The continued neglect of a downtown San Jose landmark is prompting politicians to increase fines for delinquent property owners. San Jose Mayor Matt Mahan, Councilmember Omar Torres, who represents downtown San Jose, and several residents spoke this morning outside the dilapidated First Church of Christ Scientist building about a proposal to raise maximum fines levied...

Santa Clara County preserves affordable apartments for seniors

San Jose housing advocates are praising a deal between county and federal agencies to preserve affordable housing for low-income seniors on the east side of the city. The Santa Clara County Housing Authority purchased Girasol Apartments and Jardines Paloma Blanca last week from the U.S. Department of Housing and Urban Development (HUD) for $4.15 million and...

‘Cockroaches, mold, fraying carpets’: San Jose tenants protest living conditions

A group of San Jose tenants are organizing to call out their corporate landlord for poor conditions and spiked rents across several low-income apartment complexes. The KDF Tenants Association represents more than 1,000 residents from four different affordable complexes in San Jose, which are owned by Newport Beach-based KDF Communities. Tenants picketed outside Orchard Glen Apartments...

San Jose lawmaker’s social housing bill advances

A bill to establish affordable housing in California is making its way through the state Senate after a successful committee vote—but not without revisions. Assembly Bill 309, also referred to as the Social Housing Act, is authored by San Jose Assemblymember Alex Lee. The bill proposes social housing, a technique brought to fame by countries...