San Jose State University will buy downtown tower around end of 2025

San Jose State University will buy downtown tower around end of 2025

11 months ago
Anonymous $Pi6HN8Q0B-

https://www.siliconvalley.com/2023/11/27/san-jose-sjsu-real-estate-buy-hotel-university-economy-home-housing/

SAN JOSE — San Jose State University says it will buy a one-time hotel tower by the end of 2025 as part of a game-changing deal to create student housing in the highrise and widen SJSU’s commitment to the downtown.

Newly reviewed public documents show SJSU has signed a lease that expires in 2056 for a former hotel highrise next to the Signia by Hilton San Jose hotel tower at 170 South Market Street in downtown San Jose, part of a $113 million deal to convert the building into student housing.

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