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Monday, June 6, 2016

June 2016 Downtown Dimension Highlights

Here are my notes from the latest edition of Downtown Dimension:
  • "An unprecedented flurry of development proposals has descended upon Downtown San Jose" and they range across housing, office, hotel, and retail unlike our previous boom. [Josh: there are so many development proposals, they can't even fit on one map any more. Check out the maps from http://sjdowntown.com/developmentresources below]
    • Downtown San Jose currently has less than 9 million SQFT of office, 2.74 million additional SQFT have been proposed.
    • There are currently 2,150 hotel rooms Downtown, 650 additional rooms have been proposed.
    • A staggering 8,782 new homes have been proposed, which is more than double the amount during the absolute peak of the last boom.
    • Retail has not been left out either, over 200,000 SQFT of new retail has been proposed for Downtown.
  • A Stanley Cup title would have a significant positive economic impact for San Jose. Already, playoff games add $2.1 million of benefits to the Downtown area per game.
  • Music in the Park will feature Los Lobos on June 24th, AC/DShe + The Killer Queens on July 14, and Ozomatli on August 4th. One more band will be announced later this month for August 24th.
  • Dine Downtown Restaurant Week takes place from June 10-19th with 3-course meals starting at $20 (go to dinedowntownsj.com for details).
  • Bryan Adams will play a special Fourth of July concert with a VIP viewing area for the Rotary Fireworks show. Tickets start at $15 and more details are available at sjdowntown.com/bigbang.
  • An elevated double-sided mural has been completed on Second and San Carlos.
  • Ludwig's German Table is now open at 261 N. Second Street [Josh: this is Downtown's second German restaurant after Teske's Germania].
To read the newsletter, click here!











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