Oracle "Supergraphic" in Downtown San Jose

Just in time for the Super Bowl, Oracle has put up one heck of a banner on their high-rise in Downtown San Jose. Apparently they did this without getting permission from the city, which has ordinances against signs this large. However, Scott Knies from the San Jose Downtown Association is arguing that those ordinances should be relaxed for temporary world-class events like the Super Bowl. What do you guys think? Should we allow this kind of signage Downtown?

Source: The Merc

If you are a fan of skateboarding, Empire Seven Studios has a great new exhibit for you. They have works from over 40 artists in tribute to Jim Phillips, both an artist and skateboarding icon. There is an opening reception tomorrow from 7-10pm. The exhibit will be at Empire Seven Studios (525 N. 7th Street) until January 30th.

Featuring over 40 international and locally curated artists:
Jason Adams, Jason Arnold, Ben Alexy, Lou Barberio, John Barrick, BB Bastidas, Bigfoot, Andrei Bouzikov, Blake Brand, Todd Bratrud, Steve Caballero, Thomas Campbell. Nathan Carrico. Sean Cliver, Sam Davidson, Ken Davis, Tim Diet, Dirty Donny, Eric Dressen, Jessica Eastburn, Tyler Emanuel, Jeremy Fish, Drew Flores, Israel Forbes, Justin Forbes, Amanda Fox, Mark "Fos" Foster, Todd Francis, Colin Frangicetto, Funeral French, Nicky Gaston, Erlin Geffrard, Mike Giant, Benny Gold, Mark Gonzales, Abel Gonzalez, Scotty Greathouse, Andres Guerrero, Harv, Keith Haupt, Mark Heredia, Ben Horton, Paul Imagine, Aye Jay, Jay222, Andy Jenkins, Jesico, Jason Jessee, Tyson Johnston, Natas Kaupus, Eric Kneeland, John Lucero, Frances Marin, Keith Meek, Zack Morrissey, Jeff Meadows, Mesngr, Mouse, John Munnerlyn, Lucas Musgrave, Steve Olson, Opski, Mitsy Avila Ovalles, Judi Oyama, Kyle Pellet, Jim Phillips Sr., Jimbo Phillips, Colby Phillips, Pitchgrim, Andy Pitts, Ben Ramey, Brian Romero, Drew Roulette, Crab Scrambly, Michael Siebon, Skinner, State of Grace Taki, Jai Tanju, Jeral Tidwell. Mark Widmann, Tosh Woods, Makoto Yamaki
...and many more!''

Distribution Center Planned for South San Jose

There have not been talks of major development in the Coyote Valley region since plans for Cisco's new 6.6 million SQFT headquarters fell through in the early 2000s. That will soon change, but the development is not what you would expect. The Panattoni Development Company has submitted an application for a 517,000 SQFT warehouse and distribution center. The building would have 36-foot-tall "clear heights" and a high-tech sprinkler system, making it very attractive to companies like Amazon.

E-commerce companies are scrambling to build distribution and logistics centers to keep up with demand. Over six million SQFT of industrial buildings in the Bay Area have been repurposed for commercial, residential, or some other use. Only three million SQFT of new industrial space has been built to replace what was taken away. That leaves high demand for industrial space with limited areas that allow for industrial development.

The proposed project is only 20 miles away from the bulk of the Bay Area's population and is conveniently a reverse commute. Panattoni plans to develop it speculatively, meaning they are willing to construct it even without a signed tenant. If the stars align, they could start construction this September.

This won't be the only new industrial project in the area. Panattoni is also building a new warehouse for DBI Beverage just a few miles north along with another 111,000 SQFT warehouse that is not yet leased.

Source: SVBJ

January 2016 Downtown Dimension Highlights

Here are my notes from the latest edition of Downtown Dimension:

• Two new illuminated art projects are now open underneath Highway 87 at Santa Clara Street and San Fernando Street. The interactive projects will make people feel safer and also bring unique artwork to the streets of San Jose.
• There will be several activities in relation to the Super Bowl this year:
• Plaza de Cesar Chavez will have a beer garden, cafe, games, interactive lighting, and music from January 29th to February 7th.
• Part of San Pedro Square will be closed off to create a football-themed atmosphere.
• Downtown Ice will have an extended season and be open daily until February 7th.
• South First Fridays presents SoFA's WINTER MRKT will be on February 5th and have a Super Bowl theme
• Guadalupe River Run on February 7th.
• The NFC champion team will be staying at the Marriott Hotel.
• An NFL merchandise store will open at 300 S. First St.
• The Super Bowl Opening Night will be at the SAP Center on February 1st
• San Jose State University will operate and manage the Hammer Theatre Center for the next three years (formerly the Rep). SJSU will produce events and rent the theater to arts groups. Events could begin this year.
• A new Barber's mural has been painted outside the shop at 332 E. Santa Clara Street.

To read the newsletter, click here!

Plaza de Cesar Chavez Hosting Light Shows, Cafe, and Beer Garden During Super Bowl Week

Downtown San Jose has ambitious plans for Super Bowl Week. Plaza de Cesar Chavez is going to be transformed into the epicenter of South Bay festivities thanks to $150,000 in privately funded improvements (split between the Adobe Foundation and the Knight Foundation).

The trees will be lit with animated LED displays that are synchronized with both live and recorded music. There will be a new cafe and beer garden open from noon until 10pm and well as food trucks along the perimeter of the park. They will even have games for visitors such as a scaled-down football field and ping pong tables.

Some of the attractions will be used to showcase what can be done in urban parks, while some others like lighting improvements and new furniture will be permanent. That is a big win for our top park in Downtown San Jose. Hopefully we will do more events like this in the future. A permanent cafe in the middle of the park would not be a bad idea either.

You will be able to check out the new and improved Plaza de Cesar Chavez from January 29th to February 7th.

Source: SVBJ

More Info on the "Greyhound Bus" Towers

KT Urban has to be the most prolific Downtown San Jose developer right now. They were responsible for Axis, One South, and played a big part in Silvery Towers. Those three also happen to be among the most impressive projects in the area. KT Urban has built a strong brand for themselves--they know how to move projects forward and deliver a quality product. That is one of the reasons why I was excited when they proposed the largest residential project in the history of Downtown San Jose last month.

KT is looking to build 708 residential units in an area currently occupied by a Greyhound Bus station. The project consists of two towers, one would be 24 stories (251 feet tall) and the other would be 23 stories (241 feet tall). There would be 13,5000 SQFT of retail on the ground floor, mostly along Post Street. The location is also very central, with easy access to most of Downtown's amenities.

A few more details have leaked out. The project would include a five-story 708 space parking garage, two levels would be above ground and three under ground. If this number is correct, that means there would only be one space per unit built. Since some spaces will be reserved for retail, this means that there is an assumption that not everyone who has a unit is going to purchase a parking space. This would represent a substantial change of in mentality for the area. Perhaps not everyone needs a car in San Jose. The new project will be close to Light Rail, Bus Rapid Transit, Caltrain, some of the best bike lanes anywhere, and eventually BART. If they only build 708 parking spaces, this could represent the beginning of a new era for Downtown.

Speaking of transit, the article referenced below mentioned that the Greyhound station will likely move to Diridon Station. That seems like a much more appropriate location and I wonder why it was not located there in the first place.

There are now 8,629 residential units that are either existing, under construction, or proposed in Downtown San Jose. That is the largest number in history, and the way things are going we may see it rise even further in 2016.

Source: The Registry

Downtown San Jose Drone Footage

A few people have been bringing drones to Downtown San Jose and capturing some impressive aerial footage. You can two of the best videos below. It would be interesting to see this same footage during December when all of the holiday decorations are up.

Source: Dirt Patch and Cardinal2007 from the San Jose Development Forum

Saturday Stats: San Jose has the Longest Life Expectancy of all US Metro Areas

San Jose has always ranked highly in terms of healthiest metros. Combine that with the great moderate weather and enough income to afford proper medical care, and you will naturally get to this latest stat. The San Jose metro has the highest life expectancy in the United States, clocking in at 82.7 years.

San Jose's smoking rate is only 10.3% versus a national average of 20%. Obesity in San Jose is at 20.5% versus a national average of 27%. Another interesting stat is that the San Jose Metro has the lowest mortality rate from all causes of any other Bay Area region.

So in conclusion, if you want to live a long time you are in the right place!

Source: SVBJ