Urban Catalyst acquired its fourth property, 147 E. Santa Clara St. in downtown San Jose’s opportunity zone, with plans to develop The Icon. The transit-oriented site is across from city hall, 100 yards from a future BART station, and is expected to include more than 250 units of multifamily apartments and 7,500 square feet of ground-floor retail space.
Currently a Chevron gas station, the land is pre-zoned and pre-general planned for mixed use.
Urban Catalyst’s Josh Burroughs says, “This project is the definition of transit-oriented development, since it is within walking distance to downtown amenities including businesses, restaurants, San Jose State University, VTA light rail, and the planned BART station. By building this project near transit, we are encouraging a more connected community.”
Project partners include Vahe Tashjian’s Dutchints Development, and Urban Community’s Gary Dillabough and Jeff Arrillaga, who will coordinate on the user experience for this mixed-use vertical community.
Connect Orange County is coming up on August 22nd at The Resort at Pelican Hill in Newport Coast. More information about the event and registration information can be found here.
Dennis Kaiser is Vice President of Content and Public Relations for
Connect Commercial Real Estate. Dennis is a communications
leader with more than 30 years of experience.
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