Urban Catalyst secured a Site Development Permit approval for the Fountain Alley Building in San Jose. This milestone also includes a Vesting Tentative Tract Map approval. Urban Catalyst also submitted its building permit package on the same day. Typically, developers take six months to submit for building permits after planning approval.
Urban Catalyst’s Erik Hayden says, "The Fountain Alley Building is one of the first of Urban Catalyst's many projects that will help with the revitalization of downtown San Jose. We opted to take a proactive approach to the development process – simultaneously creating construction documents while seeking planning approval. The reason being that we have confidence in the city's development process and city leaders' goals for the redevelopment of downtown."
The Fountain Alley Building features 67,000 square feet of office space and 19,500 square feet of retail space located 200 feet from the future BART Station in downtown San Jose. Groundbreaking is scheduled to start in Q2 2021.
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