KT Urban has re-unveiled "Garden Gate" tower, destined for 600 S. First Street which is close to highway 280 in the SoFA part of Downtown San Jose. The 27-story tower will be our second proposal a co-living project--think fancy dorms for adults. Residents would pay slightly lower then average rents (for new construction Downtown) and get a private bedroom adjacent to common areas like living rooms and kitchens.
Generally, buildings like this are filled to the brim with amenities. From the renders below, it even looks like they are even planning a rooftop pool and a penthouse deck/lounge.
As housing prices continue to balloon out of control, we need to think a bit outside the box. Solutions such as co-living will help diversify the housing products available and hopefully bring a little bit more affordability to San Jose. From a development perspective, bringing 1,000 residents to SoFA would be icing on the cake.
Source: SVBJ
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