VTA scuttles seizure of San Jose tower site — delay may hurt project

VTA scuttles seizure of San Jose tower site — delay may hurt project

9 months ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/01/31/bart-vta-real-estate-transit-build-develop-buy-sell-train-house-home/

SAN JOSE — A transit agency has scuttled plans to seize a prime site near a future BART station in downtown San Jose where a housing highrise is being eyed — but the delays and uncertainty may torpedo the tower proposal.

The Santa Clara Valley Transportation Authority filed a lawsuit in 2022 against the owner of a downtown San Jose site with addresses of 17 through 31 East Santa Clara Street, seeking to take ownership of the property through eminent domain.