Real Estate

Real Estate

New state law yields no housing projects in San Jose—yet

San Jose residents have yet to use a law that lets them build denser developments in single-family neighborhoods—at least for now. On Jan. 1, Senate Bill 9 went into effect across California. The law allows residents to subdivide lots to create up to four housing units per parcel. The San Jose City Council approved implementing the law last...

Palo Alto offers more help to renters facing eviction

The Palo Alto City Council is expanding relocation assistance to include more renters, but the only long-time renting councilmember could not participate. The council voted 5-1 Monday to pass an emergency ordinance requiring landlords of smaller residential buildings to pay relocation assistance to tenants during evictions. An existing law already requires the owners of buildings...

Major Silicon Valley developments to watch in 2022

The pandemic couldn’t stop the steady march of development in San Jose in 2021. Tech campuses, high-rise towers and affordable housing are all in the works for next year and beyond. Here are a few of the biggest projects to watch in 2022: Google’s downtown dream Earlier this year, San Jose lawmakers approved Google’s plan to...

San Jose nonprofits rally behind anti-displacement housing policy

A coalition of local nonprofits and residents are pushing for a policy to prevent displacement and create a pathway to homeownership for low-income renters, amid a growing housing crisis that is pricing many out of the region. The proposed policy, named the Community Opportunity to Purchase Act (COPA), would require rental property owners to offer first...

After five years, San Jose’s Cambrian Village back on track

Although residents seem satisfied with the latest Cambrian Park Plaza design, questions remain about the project’s impact. The 1950s era Cambrian Park Plaza, located at Camden and Union avenues in San Jose, is being reimagined as Cambrian Village, an 18-acre urban village. It will include retail, restaurants, a hotel, 305 apartments, 48 single-family homes with 27...

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...