July 2019 Downtown Dimension Highlights

The latest addition of Downtown Dimension is now live. Below is a summary of the content this month: The JULY 2019 Downtown Dimension is now available at: https://sjdowntown.com/wp_2016/wp-content/uploads/2019/06/DTDJuly2019.pdf In this edition: Jay Paul Co. calls San Jose the "next great frontier of Silicon Valley," and backed that statement up by buying three more properties. Planning the future Diridon Station has taken some big steps, with many more still to go. Here's the update. New parking systems are starting to be installed in city-owned Park SJ garages.  The systems integrate new parking technology and are meant to create a "frictionless" parking experience. Dimension has the schedule and info for businesses about new validation options.   July is a big month for SJDA events, with Music in the Park, Dine Downtown, Starlight Cinemas and the Farmers' Market all in rotation. Get ready to eat and drink a little more and be extra merry this month! Keep up with all that's happening downtown: 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... Downtown Dimension is a leading source for information about downtown San Jose news, events and businesses.  Subscribe with a simple email to sjda@sjdowntown.com, subject line:  Subscribe. Copyright © 2019 San Jose Downtown Association, All rights reserved.

San Jose Development Updates

The SJ Economy Blog will start sharing a detailed update on development projects on a regular basis. The current stats are impressive.

• There are 16.22 million SQFT of office in development
• There are 7,261 residential units in planning, 5,215 units have been entitles, and 3,476 units are currently under construction (1,533 units are under construction Downtown).
• There are multiple hotels in the pipeline including a Hyatt House, Hampton Inn, Resident Inn, 24-story Tribute Hotel, and several others.

For more details head over to the source links below.

Source: SJ Economy Blog, Full development report

Miro's twin high-rise under construction across from City Hall

20-story office tower proposed for 200 Park Ave.

Developer Jay Paul Co. has picked up 200 Park Avenue, which is across from CityView Plaza in Downtown San Jose. The company is proposing a massive 850,000 SQFT building that looks pretty unique. Not much else is known about the project, which still has to go through extensive approvals.

It is wild to think that 10 years ago we couldn't get a normal office tower built, and now we are hearing about one mega-project after the other. Google may not have to build any of their own towers at this rate.

Source: SVBJ

VTA calling for innovative transit ideas to connect SJC

The VTA as well as the cities of San Jose, Santa Clara, and Cupertino are looking for ideas on how to quickly move people between SJC and various parts of Silicon Valley. They want these ideas by September 30th.

Specifically, this consortium is looking for grade-separated mass transit at a significantly lower cost than traditional projects in two segments. The first is integrating SJC and Diridon such that they are viewed as a single facility--which would be amazing! I remember being completely shocked when visiting Hong Kong and realizing there was a special Airport train line where you can check your suitcases at the train station, hop on the train, and walk straight to security. Something that well integrated might not be part of the plan, but there are many airports in the US with people movers between terminals. How cool would it be if Diridon felt like it was just a quick terminal transfer away from the airport?

The second route would link the airport to three urban villages along Steven's Creek (I'm sure Santana Row is one of them), Santa Clara, Cupertino, and DeAnza College. This is a high-traffic route and extending BART or Light Rail down this way would cost billions of dollars.

It sounds like this RFI (request for ideas) is a way to legally satisfy the common government requirement of getting multiple bidders for each project. There is literally only one company right now that might be able to pull off something like this at a low cost, and it is The Boring Company. They are already designing an underground loop for the new Las Vegas Convention Center Expansion at a cost of about $10 million a mile. For less than the cost of the two-stop Eastridge light rail extension, we could connect SJC, Downtown San Jose, Santana Row, Santa Clara, and Cupertino with a fast and direct point-to-point transit system.

This could be the beginning of a whole new era in transportation that blends public and personal transportation together. San Jose should be leading the charge, innovation is our middle name!

Source: SVBJ

Taylor Street Night Market

Every Thursday night during the summer, the Taylor Street Night Market will take place at the Gordon Biersch Brewery in Japantown from 5-9pm. The event includes food trucks, a beer garden, music, and shopping. For more info, head over to the event Facebook page over here.

StarCity's "co-living" tower moves forward

StarCity is working on the largest co-living project in the United States and it just received final city approvals. Co-living is like a dorm for adults. You get a small private space which typically includes a bedroom and bathroom and other facilities like the kitchen, living area, and laundry are shared between multiple residents. Generally co-living facilities are much less expensive than a typical newer apartment.

StarCity would like to build an 18-story tower with 803 co-living units at 199 Bassett Street. The location is is just three blocks away from San Pedro Square.

I would assume this will be on the higher-end of the co-living spectrum. The building will have a 5,000 SQFT gym, chef-style kitchens, bike storage, co-working areas. As an added bonus, there will be retail on the ground-floor that might include a cafe, grocery store, or bar.

If this gets built, it will immediately increase the Downtown population by a significant number and hopefully provide a more affordable living option.

Source: SVBJ

San Jose Rotary Fireworks 2019

Tonight, join the Rotary Club of San Jose at Discovery Meadow for a free fireworks show. While it can be seen from most of Downtown San Jose, the best viewing spots will be close to the Children's Discovery Museum. The family-friendly event kicks off around 5pm with entertainment and the fireworks begin at 10pm. For more info and a list of sponsors head over here.

Have a happy and safe Independence Day everyone!

San Fernando Bike Lanes

Downtown San Jose has become of of the most bike-friendly urban centers in the United States and is getting better year after year. Check out the video below showcasing nearly two miles of continuously protected lanes down San Fernando Street.

Source: Sharkcity from the San Jose Development Forum