San Jose property owners have broached a plan to build a 12-story apartment tower near Japantown.
Jennifer Chen and three affiliated real estate entities floated a proposal to build the roughly 235-unit tower at or near 900 North First Street, the San Jose Mercury News reported. The so-called “transit village” would replace some commercial office buildings and parking lots. https://www.mercurynews.com/2022/12/21/san-jose-home-retail-transit-village-japantown-real-estate-build/
The project north of Downtown would be built on a string of parcels at 900-990 North First and 915-921 North Second streets, with frontage on First between East Hedding and East Younger streets.
Most of the parcels totalling 9.8 acres are owned by Chen and her affiliated real estate firms based in an office on North First Street.
It’s across from the Santa Clara County Government Center at 70 West Hedding Street.
The development site includes parking lots and offices with tenants such as Aladdin Bail Bonds and Togo’s Sandwiches.
The proposal is preliminary and was filed to allow city officials to assess the project and give feedback.
Chen and her affiliates have collected properties at the project site since at least 2008, according to the Mercury News, citing county property transaction records. It’s not clear if Chen would be the developer of the project, pending city approval.
— Dana Bartholomew
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