Big housing project may create 300-plus units near San Jose BART site

George Avalos

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SAN JOSE — A big housing development could sprout in San Jose near the site of a future BART station and create more than 300 residential units, plans on file with city officials show.

The owners of the property had previously won approval from San Jose planners for a residential development of 140 units, including some affordable residences.

Now, 305 units are being proposed on the site, which is on East Julian Street in San Jose on a property that is a short distance from the anticipated location of BART’s 28th Street/Little Portugal station.

This time around, Integrated Community Development and Hestia Real Estate have teamed up to pitch the proposal to San Jose planners.

The first version of the project, which city staffers approved on Jan. 10, was proposed by San Jose-based Yi’s First Seed, an affiliate headed up by Chun Yi.

Yi’s First Seed also is the property owner of the development parcels, which are located at 1271 and 1279 East Julian Street between North 26th Street and North 27th Street in San Jose.

Both the new proposal and the prior project plans envisioned that the housing units would be accommodated within a seven-story building, city documents show.

It wasn’t immediately clear why the total apartments in the project have more than doubled compared with the first version of the project.

However, city officials often espouse high-density residential projects near transit sites such as this future BART station east of downtown San Jose.

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George Avalos www.siliconvalley.com Business,Technology,Commercial Real Estate,development,Economy,housing-development,Real Estate,Transit

SOURCE
2024-01-18 16:05:13 , Silicon Valley

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