Genesis Commercial Capital wants to build 804 new homes on a 3.2 acre site on North First Street right next to the Topgolf--see map below. They are utilizing the state's builder's remedy to expedite and streamline the approval process (the same builder's remedy that is also sometimes weaponized to downsize previously approved projects).
At least 20% of the homes will have to be earmarked as affordable housing. Currently there is no target ETA, but given how badly San Jose needs housing I think it will be a quick approval and more in the hands of the developer on how soon they want to move dirt and get the project up and running.
Source: SVBJ
At least 20% of the homes will have to be earmarked as affordable housing. Currently there is no target ETA, but given how badly San Jose needs housing I think it will be a quick approval and more in the hands of the developer on how soon they want to move dirt and get the project up and running.
Source: SVBJ
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