Three downtown San Jose housing towers hit pause due to uncertainties
https://www.siliconvalley.com/2023/07/18/san-jose-home-housing-tower-real-estate-pause-economy-build-downtown/
SAN JOSE — Three downtown San Jose housing tower projects have encountered delays due to a murky economy, sky-high interest rates and the withdrawal of a key tech partner from the highrises.
The housing towers are located in downtown San Jose’s South First Area, or more familiarly, the SoFA district, and together would produce a combined 474 residential units, once they are all constructed.
Three downtown San Jose housing towers hit pause due to uncertainties
Jul 18, 2023, 1:28pm UTC
https://www.siliconvalley.com/2023/07/18/san-jose-home-housing-tower-real-estate-pause-economy-build-downtown/
> SAN JOSE — Three downtown San Jose housing tower projects have encountered delays due to a murky economy, sky-high interest rates and the withdrawal of a key tech partner from the highrises.
> The housing towers are located in downtown San Jose’s South First Area, or more familiarly, the SoFA district, and together would produce a combined 474 residential units, once they are all constructed.