Work begins to convert San Jose office tower to housing high-rise

Work begins to convert San Jose office tower to housing high-rise

6 months ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/05/21/san-jose-home-house-build-develop-office-economy-real-estate-property/

SAN JOSE — Wide-ranging work is underway to convert a well-known San Jose office tower into housing, a project that could enable rentals of the future residences to begin sometime in 2025.

The project aims to remake the Bank of Italy historic office tower downtown into a residential high-rise with at least 100 apartments. If completed, the transformation would be one of the first successful office-to-housing conversions in the Bay Area. In the wake of the coronavirus pandemic and facing a sluggish commercial real estate market, a number of developers have proposed such conversions, but most are still in the planning phase.

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