San Jose - Real Estate & Development
A massive real estate deal in Sunnyvale has brought new hope that the market for commercial office space in Silicon Valley may be starting to rebound after it was totally flipped upside down because of the work from home movement during the pandemic.
The skyline of San Jose will be getting a shiny, new addition in the coming years after the San Jose City Council gave final approval to the project on June 30th. The pair of 20-story glass office towers will be built on a three-acre site at 276 Woz Way, just northeast of the Interstate 280/Highway 87 interchange.
The Flintstones can stay: Hillsborough and Florence Fang reach settlement over figures & more at 'Flintstone House'
The town went after the property, calling it an "eyesore." Owner (and former SF newspaper owner) Florence Fang hit back with claims of discrimination. Now they've settled – and the Flintstones can stay.
Report: Roughly half of San Jose's homes are worth over $1M, the highest number in the nation — SF follows at #2
Real estate in San Francisco and San Jose ranked as the nation's top in terms highest share of million-dollar homes, according to a new report. Roughly half of San Jose's owner-occupied, single-family properties were valued over $1 million, per LendingTree.
San Jose City Government bought the historic Hayes Mansion for $2.5 million in 1985. It proceeded to amass a staggering $60 million debt associated with the real estate. This year, the last of the debt will be cleared, even adding $2.3 million to San Jose's general fund.
Environmental groups and neighbors are objecting to the construction of a large residence on a hillside overlooking Morgan Hill, saying it violates rules guarding the area's ridgelines from development and protecting rare native plants.
Another piece of downtown San Jose’s revitalization puzzle has gotten the green light. A large, new housing development called ‘Madera @ Downtown West’ hopped over a major hurdle this week when the San Jose Planning Department gave the project final approval.
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