Parkview Towers | 12 - 18 Floors | Approx 60M/ 197ft
Courtesy
Silicon Valley Business Journal
http://www.bizjournals.com/sanjose/n...ames-park.html
Quote:
Park View Towers poised to add to St. James Park revival
That could all change after the San Jose City Council on Tuesday gave final approval to a redesigned $150 million mixed-use high-rise condo project there called Park View Towers, brushing aside objections from the Preservation Action Council of San Jose that the development was out of character with the historic area.
The go-ahead means BSB can move forward with the complex process of moving the historic church so that site work can begin in earnest, a prelude to vertical construction. (The church will then be moved back and renovated for commercial use, making it the centerpiece of the two-tower, 220-unit project.) And it raises hopes for a long-awaited revival of the St. James Park, a vast downtown open space designed by Frederick Law Olmstead but an area that has long struggled with homelessness and drugs.
"This is a critical milestone in the history of St. James Park," said Christy Mabry, senior development manager for BSB. "It will be a huge catalyst. It will get the eyes on the park."
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Work hasn't started in moving the church or demo of the parking lot currently at the site. Speculation has been on an early 2016 date, but no work occurred.
http://www.mingtiandi.com/real-estat...in-2017-deals/
Quote:
R&F PROPERTIES ADDS 2 SILICON VALLEY PROJECTS TO $9.6B IN 2017 DEALS
2017/04/17 BY MICHAEL COLE LEAVE A COMMENT
Parkview Towers
The Parkview Towers site has already been approved for 220 homes (Image: SVBJ)
Mainland developer R&F Properties this month appears to have picked up its fifth and sixth US property projects, adding a pair of Silicon Valley sites to the $9.6 billion in new overseas developments it has committed to this year.
Two subsidiaries of San Francisco-based Full Power Properties – a US company linked to the Guangzhou-based builder – last week acquired the Park View Towers and North San Pedro Tower 3 residential projects in San Jose, California from local developer Swenson for an undisclosed sum, according to a report in the Silicon Valley Business Journal. Stories in the US and mainland press have linked Full Power to R&F, but the Chinese company has never acknowledged having a stake in the privately-held firm.
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New property owner just bought it so they may break ground this year.