The L-shaped building has 260 units, with most having four bedrooms. Over 1,000 students could be housed in the tower. There is an amenity deck with a swimming pool on the fourth flour and 10,000 SQFT of retail on the ground floor. There are intentionally very few balconies as a "safety feature" (university students can party pretty hard).
A side benefit to SoFA is that it moves students closer to the Downtown core and places them a block away from South First Street. This will help increase activity and vibrancy in the area.
Rents will go for around $1,000/mo for a room, a bargain in Silicon Valley. While the project is targeted to SJSU students, I don't think there is anything legally preventing non-students from moving in. There is still no ETA on when the building could break ground--the developers are still working on design and entitlements.
Source: SVBJ
One word.... plastic
ReplyDeleteAnything to turn on story buildings or derelict parking lots into a more vibrant place needs not the super vague bashings anybody with no real interest in development has to offer. I've loved seeing our Downtown grow from a handful of buildings to something that reflects an actual skyline. For every dozen buildings that go up, we may only love one. The urbanism that is created however, we will be able to enjoy for the rest of our futures. With this being student housing, the developers don't NEED to invest in these extra aesthetic improvements, but they do anyway.
ReplyDeleteIt was a line from the movie, The Graduate. The building is called The Graduate. It's called humor. Get some. Or get Netflix.
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