Unfortunately, The Safeway market in Downtown San Jose will close by June 14th. This was one of the first "Market" concepts that Safeway built and is the most central grocery store in Downtown San Jose. Grocery Outlet, Trader Joe's, and Whole Foods are all in the periphery of Downtown San Jose and are difficult to walk to.
One of the key reasons appears to be a situation with free parking. The parking structure beneath The 88 was owned by the former Redevelopment Agency and the city offered free 2 hour parking for Safeway patrons. Once the lot was sold per legal requirements of the now defunct agency, the city was no longer able to offer free parking and it put the Safeway at a significant disadvantage.
If you dig a little deeper, I don't think the real reason is parking but that there are still not enough people living in Downtown San Jose. Many towers are under construction and once they are built hopefully we will be able to support a Safeway-sized market with or without free parking.
It will be interesting to see how long the space takes to get leased and what will replace the Safeway. It could be an opportunity for something even better, we'll see.
Source: SVBJ
Tuesday, May 21, 2019
Monday, May 20, 2019
Santana Row is welcoming Vince, Brandy Melville, TravisMathew, Sauced BBQ & Spirits, and Cosecha
Santana Row has just announced five new retail and restaurant offerings. They continue to attract unique stores that are not easy to find and in some cases are the first location in Silicon Valley.
Retail
Vince is a luxury brand offering shoes, handbags, and home items. The 2,378 SQFT shop will be next to the newly expanded Lululemon store. The only other Bay Area stores are in Palo Alto and San Francisco.
Brandy Melville is a tendy women's apperel line from Italy. The 3,122 SQFT store will open in the summer.
TravisMathew is a lifestyle apparel company for men. The 1,911 SQFT store has a ping pong table and classic arcades (!!!), so it will likely be my new favorite Santana Row spot. This will be the very first location in Northern California.
Restaurants
Sauced BBQ & Spirits is a new Southern-inspired restaurant featuring BBQ and numerous beer, wine, and whiskey options. It will open in the parkside location next to Maggiano's this fall.
Cosecha is a revamped version of Consuelo's with the same ownership and an 800 SQFT expansion. They will offer modern Mexican dishes with local ingredients.
It has been announced before, but is worth mentioning again that Blue Bottle Coffee is opening soon in the former Pinkberry location in the middle of the park and Meso Modern Mediterranean will be the new restaurant in Santana Row's new capstone building next to CineArts movie theater.
For the full press release, see below.
Retail
Vince is a luxury brand offering shoes, handbags, and home items. The 2,378 SQFT shop will be next to the newly expanded Lululemon store. The only other Bay Area stores are in Palo Alto and San Francisco.
Brandy Melville is a tendy women's apperel line from Italy. The 3,122 SQFT store will open in the summer.
TravisMathew is a lifestyle apparel company for men. The 1,911 SQFT store has a ping pong table and classic arcades (!!!), so it will likely be my new favorite Santana Row spot. This will be the very first location in Northern California.
Restaurants
Sauced BBQ & Spirits is a new Southern-inspired restaurant featuring BBQ and numerous beer, wine, and whiskey options. It will open in the parkside location next to Maggiano's this fall.
Cosecha is a revamped version of Consuelo's with the same ownership and an 800 SQFT expansion. They will offer modern Mexican dishes with local ingredients.
It has been announced before, but is worth mentioning again that Blue Bottle Coffee is opening soon in the former Pinkberry location in the middle of the park and Meso Modern Mediterranean will be the new restaurant in Santana Row's new capstone building next to CineArts movie theater.
For the full press release, see below.
Santana Row Continues to Draw Cutting-Edge Eateries and Stylish Shops
San Jose’s most popular neighborhood welcomes Vince, Brandy Melville, TravisMathew, Sauced BBQ & Spirits & Cosecha to its vibrant merchant roster
SAN JOSE, Calif.—May 14, 2019—Santana Row continues to attract top brands & eateries, making it the most sought-after dining and shopping scene in the Bay Area. As Santana Row prepares to welcome Splunk in the newly developed 700 Santana Row office campus, a new generation of retail and restaurants are opening to meet the standards of Silicon Valley tastemakers.
Santana Row today announced the signing of Vince, Brandy Melville, TravisMathew and Sauced BBQ & Spirits; plus a renovation and expansion of Cosecha, formerly Consuelo’s at Santana Row. Brandy Melville, Vince and TravisMathew will offer on-trend clothing and accessories, while BBQ darling Sauced, and the under-construction eatery Cosecha will offer foodies two new vibrant restaurants; adding to the already incredibly dynamic dining scene.
Luxury retail brand Vince will bring California-inspired, everyday essentials to Santana Row in summer 2019. Vince encompasses a modern, timeless aesthetic and effortless sophistication, best known for creating elevated yet understated pieces for every day. Known for its range of luxury goods, Vince offers women’s and men’s ready-to-wear, shoes, handbags, and home fit for a global lifestyle. The collections are inspired by the brand’s California origins and embody a feeling of effortless style. Vince will debut in a 2,378 sf shop located next to the newly expanded lululemon.
Popular boutique Brandy Melville, the women’s apparel line from Italy known for its trend-setting styles with a beachy, comfortable vibe will open a 3,112-square-foot space in summer of 2019 at Santana Row. This Instagram favorite has a cult following known for its rich fabrics, fine quality and excellent prices.
Additionally, premier men’s apparel brand TravisMathew, known for leading the way in quality and lifestyle apparel with styles for both work and play, will open its first Northern California store at Santana Row. You can find classic arcade style gaming consoles and ping pong tables in the 1,911 sf space. With a casual SoCal vibe and clothing that effortlessly transitions from the course to daily life, TravisMathew has established itself as a leading innovative brand in the sportswear world. The Santana Row location will carry their exclusive California capsule product and will open in fall 2019.
In addition to Vince, Brandy Melville and TravisMathew; Sauced BBQ & Spirits will be making its debut this year, moving into the parkside location next door to the popular Maggiano’s Little Italy. Sauced is a Southern-inspired restaurant concept influenced by modern flavor and design, founded by two cousins with a passion to bring authentic, Southern BBQ to Northern California. Besides featuring multiple Southern styles of barbecue, the restaurant touts numerous beer, wine and whiskey options. You can expect outdoor patio seating at this new, hip foodie experience opening in fall 2019.
In addition to the best-in-class operators vying for space in Santana Row, existing merchants are flourishing with opportunity to evolve and progress in response to consumer demands. Mexican bistro Consuelo’s is undergoing a major revamp and 800-square-foot expansion, re-opening as Cosecha under the same ownership. Cosecha will offer modern-inspired Mexican cuisine sourced with local ingredients in its diverse menu of wood grill plates, traditional fare and beyond. The announcement of these new restaurant openings and renovations comes on the heel of Barry’s Bootcamp, Meso Modern Mediterranean and Blue Bottle Coffee lease signings at Santana Row.
"Being on the cutting edge of mixed-use trends is in our DNA at Santana Row. We are ever-evolving and looking for ways to make room for the best-in-class brands that our customers are talking about, purchasing from and following. It is important to our strategic vision to recapture core retail spaces when sales dip and our consumers shift focus. Our connectivity to our on-site community and the 13 million annual visitors allows us a unique vantage point that separates us from big box malls and gets our customers offline and into our businesses” said Jeff Kreshek, Senior Vice President West Coast Leasing at Federal Realty Investment Trust.
With 834 homes, 50 shops, 30 restaurants, a CinéArts movie theatre, the boutique Hotel Valencia and added new developments like 700 Santana Row, Santana Row continues to evolve and thrive since its opening in 2002.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, our mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Our expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 98 properties include over 2,800 tenants, in approximately 23 million square feet, and over 1,800 residential units.
Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 49 consecutive years, the longest record in the REIT industry. Federal Realty shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.
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Wednesday, May 15, 2019
San Jose ranked 2nd best small business growth city
For the 2nd year in a row, San Jose was ranked as the 2nd best metro for small businesses in the US. The analysis was based on the financials of almost 30,000 companies. San Jose also had the highest average credit score of any city.
Miami took the crown for being the #1 growth city for small business, while San Francisco came in 3rd place. Below is the full list.
Top 25 Cities for Small Business 2019
Miami took the crown for being the #1 growth city for small business, while San Francisco came in 3rd place. Below is the full list.
Top 25 Cities for Small Business 2019
- Miami (No. 3)
- San Jose, CA (No. 2)
- San Francisco (No. 4)
- New York (No. 1)
- San Diego (No. 9)
- Los Angeles (No. 5)
- Boston (unranked)
- Sacramento, CA (No. 10)
- Baltimore (No. 16)
- Washington, DC (No. 7)
- Philadelphia (No. 22)
- Chicago (No. 12)
- Seattle (No. 14)
- Riverside, CA (No. 6)
- Minneapolis (unranked)
- Phoenix (No. 11)
- Las Vegas (No. 18)
- Charlotte, NC (No. 24)
- Nashville, TN (unranked)
- Raleigh, NC (unranked)
- Detroit (No. 20)
- Oklahoma City (unranked)
- Houston (No. 21)
- Cleveland (unranked)
- Pittsburgh (unranked)
Tuesday, May 14, 2019
Music in the Park 2019
With the recent weather it is hard to believe summer is just around the corner. This year's lineup for Music in the Park includes oldies from the The Delfonics, Latin rock/funk/hip-hop from Ozomatli, pop from Cuco, and reggae from J Boog. Early bird tickets start at only $10 and VIP tickets with private seating, a drink ticket, and nicer restrooms go for $35. You can get your tickets right over here.
Monday, May 13, 2019
Roku snaps up another 162,557 SQFT of San Jose office space
Roku, the popular video streaming tech company, is moving their headquarters from Los Gatos to a much larger space in San Jose's Coleman Highline. Currently they sublease 160,000 SQFT from Netflix, one of their initial investors. The new campus in San Jose will clock in at 735,000 SQFT across five buildings.
Roku has brown from 400 people at the end of 2015 to 1,111 employees just three years later at the end of 2018. That will make the company one of the top employers in the Downtown or Airport areas. Getting the HQ for another fast growing tech company represents a big win for San Jose.
The Coleman Highline is also planning further expansion to a grand total of 1.5 million SQFT along with two new hotels.
Source: SVBJ
Roku has brown from 400 people at the end of 2015 to 1,111 employees just three years later at the end of 2018. That will make the company one of the top employers in the Downtown or Airport areas. Getting the HQ for another fast growing tech company represents a big win for San Jose.
The Coleman Highline is also planning further expansion to a grand total of 1.5 million SQFT along with two new hotels.
Source: SVBJ
Thursday, May 9, 2019
Flicks and Grooves at History Park
History San José invites you to enjoy great movies and music under the stars during the Flicks & Grooves outdoor cinema and concert series in History Park. This year's outdoor cinema line up will showcase the quirky genius of director Wes Anderson the second Friday of each month. The Flicks & Grooves concert slate features an eclectic array of live bands to enliven your Friday nights on the Fire House Green. No movie or concert is complete without great food and beverage offerings. Each Flicks & Grooves event will feature a variety of local brews, wine, and food vendors. And of course, popcorn and local ice cream from O’Brien’s Ice Cream Parlor!
Cinema Dates
Friday, May 10th 7:30 pm (Moonrise Kingdom)Friday, June 14th 7:30 pm (Life Aquatic with Steve Zissou)
Friday, July 12th 7:30 pm (Rushmore)Friday, August 9th 7:30 pm (The Grand Budapest Hotel)
Friday, September 13th 7:30 pm (The Royal Tenenbaums)
Friday, October 11th 7:30 pm (Fantastic Mr. Fox)
Concert Dates
Friday, May 31st at 7:30 pm (Kiva Uhuru + Noop & Neens)
Friday, June 28th at 7:30 pm (Steely Nash + Q&A)
Friday, July 26th at 7:30 pm (Aki Kumar + DJs Albert Jenkins and Basura and Guests)
Friday, August 30 at 7:30 pm (Le Vice + Ian Santillano and the Housewarmers)
Friday, September 27 at 7:30 pm (Valley Wolf + Deseos Primitivos)
Friday, October 25 at 7:30 pm (Gene Washington and The Sweet Sounds + Rhythm and Folk)
Friday, October 25 at 7:30 pm (Gene Washington and The Sweet Sounds + Rhythm and Folk)
This year's outdoor cinema line up will showcase the quirky genius of director Wes Anderson the second Friday of each month. The beautiful and relaxing Fire House Green inside History Park serves as a perfect backdrop for the unorthodox filmmaker's cinematic gems including Rushmore, The Life Aquatic, and The Royal Tenenbaums to name just a few. Oscar-nominated Wes Anderson has created films that are bonafide cult classics resonating with audiences of all ages.
Outdoor Concerts
History Park will also be a destination for live music the last Friday of each month. The Flicks & Grooves concert slate features an eclectic array of live bands to enliven your Friday nights on the Fire House Green. The San Jose Jazz Boombox Stage will host hot acts curated by Needle to the Groove Records and Quynh Mai. Confirmed acts include Neo-Soul songstress Kiva Uhuru (May 31), Hip Pop outfit Steely Nash (June 28), the neo-Jazz stylings of Le Vice (Aug 30), Cumbia/Latin Rock crooner Valley Wolf (September 27) and many more acts to be announced.
Wednesday, May 8, 2019
May 2019 Downtown Dimension Highlights
The latest addition of Downtown Dimension highlights new Downtown development projects (including a 3.4 million SQFT three-tower project at CityView Plaza). Little Italy is finally getting their museum and cultural center, and as an added bonus there will be a speakeasy in the basement. Check out the full newsletter using the link below:
In this edition:
Also for your information:
The MAY 2019 Downtown Dimension is now available at:
In this edition:
- What can the City and development community do to get more cranes in the sky? Cranes, of course, symbolize construction of taller office and residential buildings. Downtown San Jose has plenty of high-rise proposals, but getting them started at ground level is another matter. Dimension presents the more popular ideas.
- A decade into its renewal, Little Italy continues to grow and prosper. Here's what's ahead in the near future for Little Italy.
- Downtown properties continue to change ownership.
- Businesses continue to grow, looking for more space for additional employees.
- SJDA's 100 days of events starts May 3 with the Farmers' Market. In June, the Delfonics bring their smash hits of the '70s to Music in the Park.
Also for your information:
- Live and Local SJ supports live music in the center city.
- Traffic alerts keep up with lane and road closures and openings.
- Maps of downtown commercial property availability and development proposals.
- Boom City: SJDA's summary of new downtown building proposals and west side acquisitions, continues to be updated almost monthly...
Tuesday, May 7, 2019
BlueJeans moves HQ to San Jose
The popular video conferencing company BlueJeans is moving from Mountain View to the posh Santana Row flagship building at the very end of the row. They are upgrading from a 24,000 SQFT space to 40,000 SQFT in the same area where Splunk is headquartered. In fact, BlueJeans may have to bump up their salaries to keep their neighbor from poaching talent--Splunk has the highest median salary of any large company in the US.
It is an interesting move considering that their key competitor, Zoom, is also located in San Jose (Downtown). A few weeks ago Zoom became the must successful IPO of 2019 and the company is now worth over $16 billion. BlueJeans is smaller player but was worth $728 million four years ago during their last funding round. Who knows, they could be the next epic San Jose IPO.
Source: SVBJ
It is an interesting move considering that their key competitor, Zoom, is also located in San Jose (Downtown). A few weeks ago Zoom became the must successful IPO of 2019 and the company is now worth over $16 billion. BlueJeans is smaller player but was worth $728 million four years ago during their last funding round. Who knows, they could be the next epic San Jose IPO.
Source: SVBJ
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