SAN JOSE | 470 South Market Street | 150 FT | 15 FLOORS

[38 Geary]

The specs for 470 South Market St:
- 15 floors, 150 ft
- 220 units
- All of the units will be affordable
- 3,760 sq ft for ground level retail

The site:
https://maps.app.goo.gl/Si6Ec5K1tspp1YKZ8

Construction Next Year For 470 South Market Street in Downtown San Jose



By: Andrew Nelson 5:30 am on November 5, 2025

Construction is expected to start early next year for the affordable housing project at 470 South Market Street in Downtown San Jose, Santa Clara County. The Gateway Tower team has secured millions of dollars in city and county funding to pursue the 15-story project, with the majority of financing provided by JPMorgan Chase Bank. The Core Companies is sponsoring the project.

The 15-story building is expected to retain a portion of two industrial brick-facade buildings, including one city landmark. Apartment prices will vary as affordable to households earning between 30 and 80% of the area’s median income.

DLR Group is responsible for the design. The project is expected to show a glassy blue tower with a rectangular carve-out overlooking South Market Street. Cantilevered features will add some texture to the facade over First Street.

https://sfyimby.com/2025/11/construction...-market-street-in-downtown-san-jose.html

[38 Geary]

And the renderings:







https://sfyimby.com/2025/11/construction...-market-street-in-downtown-san-jose.html

[ChiND]

Beautiful. I could see Dionne Warwick and Burt Bacharach living there. They know the way to San Jose.