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Old Posted Dec 4, 2008, 12:19 AM
leftopolis leftopolis is offline
Earthling
 
Join Date: Oct 2003
Location: San José
Posts: 1,360
More on the DTSJ Market--here--via The Merc
(click above for full story)
Quote:
...Called the Peralta Action Plan, in honor of the historic adobe that sits in its heart, the plan encompass several blocks from First Street to Highway 87 and from Bassett Street to south of Santa Clara Street. The goal is to leverage a series of projects already in the works or proposed in that area, from high-rise condominiums to office buildings, new courthouses and potential BART portals.

The plan calls for bringing together developers, property owners and community members to coordinate all that growth in dispiriting economic conditions. It also seeks to tap federal urban renewal dollars and to craft a master plan for parking. But mostly, it urges fast-tracking projects that can launch soon.

That focus on urgency is the primary reason the San Pedro Square urban market — sought for land controlled by the McEnery family, landlord Frank Cucuzza and Martin Menne, a nephew of developer Barry Swenson — is at the top of the list.
The city voted in June to contribute $6 million, including a $2.5 million grant for historic preservation work, to the project, pitched as an open-air version of Seattle's Pike Place or San Francisco's Ferry Building...
There's also a graphic up of the complete "Peralta Action Plan" here:
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