Three downtown San Jose housing towers hit pause due to uncertainties

Three downtown San Jose housing towers hit pause due to uncertainties

a year ago
Anonymous $pUsIN4hzN9

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.

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