MidPen Housing recently broke ground on a 102-unit housing complex at 156 E. St. John Street. The six-story project is on the former site of the Donner-Houghton estate, which was the home of a Donner Party survivor. Unfortunately, the home was destroyed in a 2007 fire.
The apartment complex includes 2,500 SQFT of retail on the ground floor as well as a community gathering space, computer lab, and exercise facilities. In order to lease an apartment, you cannot earn more than $37,700 as the units are designed for low-income workers and formerly homeless people in the Downtown area. The total cost of the project will be $30.8 million and it is expected to be completed by Summer 2016.
Source: SVBJ
Damn! Gotta ask for the pay cut I guess ;)
ReplyDeletethey built it on 4.9 million dollar budget thats pretty good for the money
DeleteWhy only 6 story? It should have over 10 story tall. Suburban mentality still sticks in San Jose, especially downtown.
ReplyDeleteGlad they're finally building on that lot -- it was an eyesore.
ReplyDeleteLove these sorts of updates, keep it up!
ReplyDeleteFor me personally, it'd be super helpful to include a little Google Map with a pin on the address. I can obviously copy/paste the address myself, but it'd be nice to have that visualization right along with the renderings.
Nice, but 102 units is not more than a drop in the bucket for the affordable housing problem.
ReplyDelete