San Jose-based Urban Catalyst closed on an Opportunity Zone project in downtown San Jose. The property is located at 26 and 30 South 1st St.,and will feature 65,000 square feet of office space and 11,500 square feet of ground-level retail space.
It is one of six upcoming projects for the multi-asset Opportunity Zone Fund. The property is located on historic Fountain Alley, next to the Bank of Italy office tower, which is already undergoing a wide-ranging renovation and revival, as well as 200 feet from the future home of a BART Station.
The planned development will include adding offices and retail, as well as a restaurant and fountain, while prioritizing the incorporation of the adjacent historic building. The six-story development is a joint effort with developer Gary Dillabough of Urban Community. Pre-zoned and pre-general planned for mixed-use, the location will be under construction by early 2021.
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.
Email the Author
Reach over 250,000 Commercial Real Estate Professionals with Connect
Connect CRE reaches the top commercial real estate players nationwide and across all property types, offering you a variety of ways to showcase your team, your expertise and your brand to CRE decision makers.
The home for CRE news and everything you need to stay informed on deals, trends, and transactions, providing a platform to get your brand in front of your target audience.
Daily CRE Emails
Reaching over 150,000 inboxes across the nation every day, Connect’s Daily News emails provide advertising opportunities specific to your market.
Bi-Weekly Property Sector Emails
Focus your advertising on emails dedicated to your property sector and stay visible to current and potential clients.
Position your team as experts in your field with content created by Connect’s editorial team and published on Connect’s news emails. Showcase your intelligence and broaden your reach.