A massive transit village has been proposed for the San Jose Flea Market right next to our new BART station. This is already the site of our largest project that is currently under construction. How massive you ask? The developers are looking to build 3,450 residential units and 3.4 MILLION square feet of commercial space. To put that in perspective that is roughly half of all the office space the exists in Downtown San Jose today.
The commercial component would be spread across seven buildings and three parking structures. The residential piece could utilize high-rises as tall as 200 feet, would would be very noticeable for the area. Other nearby amenities would include a plaza, pop-up retail space, an urban garden, a 1.4-acre rec area, tennis course, and a mini baseball field.
The bad news is that the Flea Market would be demolished to make way for the 61.5-acre project. There would be 150,000 SQFT of ground-floor retail and restaurants in the transit village, but it would not quite make up for losing a San Jose icon. However, given the vast increase in jobs, tax dollars, and density near transit--this project should be an easy approval by the city.
Source: SVBJ
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