A new affordable apartment complex that will convert a surface parking lot into 173 homes. The project sits at 143 South Third Street on a 1.3-acre parcel near Paseo de San Antonio and directly beside the Hammer Theatre Center. Developers propose a seven-story building with five stories of apartments stacked above a two-story parking structure.
Sobrato Organization, working with Pacific West Communities, has owned the lot since around 2010. The proposal calls for 171 of the units to serve extremely low-income, very low-income, and low-income households, with the remaining two reserved as market-rate units for on-site managers. Plans include a central courtyard plus dedicated spaces for a lounge, event center, and reading room.
Location advantages stand out. Residents will live steps from cultural programming at the Hammer Theatre Center and within easy reach of the walkable amenities along Paseo de San Antonio. This infill approach puts new housing on underused land in the heart of Downtown San Jose rather than pushing development outward.
The developers intend to use streamlining provisions under Senate Bill 330 to move the project through local review more efficiently. Land-use consultant Bob Staedler has pointed out that San Jose has spent years talking about towers, yet very few residential high-rises have actually been delivered over the last two decades. He suggests the city should focus less on height and more on achievable density when the goal is housing production, especially affordable housing.
Personally, it's always great to add more housing right in the middle of Downtown San Jose but this is a premier location that really should have been reserved for a flagship high-rise project. Originally it was supposed to be the 2nd tower for The 88.
Source: The Mercury News













