Real estate: Downtown San Jose tower would create affordable senior housing

SAN JOSE — A slender residential tower is in the works for
downtown San Jose that will create a unique blend of affordable
housing for senior citizens, along with retail and office spaces,
and preserve a historic building on the site.

The 25-story housing highrise is being proposed for 19 N. Second
St. in downtown San Jose and would feature a rooftop rotunda that
would be a focal point in a gathering area for the residents, plans
filed on Wednesday with city officials show.

The project proposal also would retain the historic building and
add the tower behind the existing structure, said Kurt Anderson,
principal executive with Anderson Architects and the designer of
the development.

“We are playing off the existing historic building, playing
off the nearby Bank of Italy tower,” Anderson said. “It’s a
historic building, a historic district, and this is going to be
eye-catching.”

The housing would consist of 210 units of affordable residences
for seniors.

The lower levels of the development would create ground-floor
retail in the historic building and three floors of offices.

Then, floors five through 25 would be residential, according to
the development plans submitted Wednesday to city planners.

“You will have a mix of the new and the old, and that will
make the project very interesting,” Anderson said.

A project that incorporates housing, offices, and retail in a
single development is a unique approach to mixed-use development in
San Jose.

“To have a thriving downtown, you need retail, offices, people
living and coming into the downtown, you need all of those,”
Anderson said.

Source: FS – All – Real Estate News 1
Real estate: Downtown San Jose tower would create affordable
senior housing