Urban Catalyst proposes a residential mid-rise by Diridon

Urban Catalyst does not seem to be slowing down one bit when it comes to new development proposals. Their latest endeavor is Madera @ Downtown West, a 157-unit apartment complex near where Google plans to build their San Jose megacampus of up to 8 million SQFT.

Madera will have 49 studios, 14 one-bedroom, 14 two-bedroom, 26 three-bedroom, and 54 four-bedroom apartments. I'm happy to see a large number of studios and 3-4 bedroom units as theses are rare products in the San Jose apartment and condo markets. In fact, I'm quite shocked at there being 54 four-bedroom apartments as there are typically only a couple of these in each Downtown San Jose high-rise building and they are extremely expensive penthouses. This building might actually be family-friendly.

While it is only eight-stories, it is located in a medium density area that still has a large number of single family homes. This will certainly be an upgrade for the block, especially with ground-floor retail. The project is bound by 486-498 W. San Carlos St. and 332-338 Josefa St and it will replace a few small commercial buildings and a vacant house.

Construction could start as early as July 2021 and take two years to complete.

Source: SVBJ