A big office tower that’s proposed for a choice site in San Jose could morph into a housing highrise.
SAN JOSE — A big office tower that’s proposed for a choice site in San Jose could morph into a housing highrise, the project’s principal developer says, a fresh indicator of Bay Area office woes.
Now, the office highrise might be converted into an apartment tower, according to Erik Hayden, founder and managing partner with Urban Catalyst. The office tower would be built next to an Urban Catalyst-proposed 26-story housing highrise with 389 residences at the corner of North Fourth Street and East St. John Street.
During the panel discussion, Hayden asserted that the wobbly office market influenced Urban Catalyst to ponder the prospect of switching to apartments for the office complex.Hayden pointed to an Urban Catalyst office project on South First Street near East Santa Clara Street that has received final city approval but has yet to break ground.
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