Urban Catalyst Files Application for 497-Unit San Jose Building

<p><strong>SAN JOSE<&sol;strong> &&num;8212&semi; Urban Catalyst has submitted a formal application this week with city planning officials for a 497-unit housing development in downtown San Jose&comma; in partnership with local architect and entrepreneur Thang Do&comma; CEO of Aedis Architects&period;<&sol;p>&NewLine;<p>The Apollo project &lpar;rendering above&rpar; will bring an 18-story residential high rise to 32 Stockton Ave&period;&comma; at the corner of West Santa Clara Street&period;<&sol;p>&NewLine;<p>The Apollo project is not part of either of Urban Catalyst’s Opportunity Zone funds&comma; which raise investor dollars for a variety of developments in downtown San Jose&period;<&sol;p>&NewLine;<p>The residential housing will be built in a key downtown location&comma; near the Diridon train station&comma; the SAP Center and the coming Google mega-campus&period; The site is across the street from a Whole Foods store and just a short walk from many businesses along The Alameda&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The Apollo is another step to address the housing crisis in Silicon Valley&comma;” said Erik Hayden&comma; CEO and managing partner of Urban Catalyst&period; &OpenCurlyDoubleQuote;When we build high-density residential units in a transit-oriented location&comma; we are building to meet the needs of today and tomorrow&period;”<&sol;p>&NewLine;<p>In addition to its prime location&comma; the Apollo will deliver on amenities&period; The property will feature a spa&comma; an infinity pool with a see-through bottom above the main entrance&comma; co-working space and two separate rooftop lounges&period; And it will be built with a post-Covid world in mind&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The Apollo will feature quiet working spaces designed for the new hybrid work-from-home model&comma;” said Josh Burroughs&comma; Urban Catalyst’s chief operating officer and partner&period; Burroughs said the project will include ground-floor retail space as well&period;<&sol;p>&NewLine;<p>Said Do&colon; &OpenCurlyDoubleQuote;This is such a prominent site in downtown San Jose&comma; we wanted to create a building with a strong presence and much vibrancy at the street level&period; And&comma; at the same time&comma; a lush&comma; green oasis on the amenity terrace to serve the residents&period;”<&sol;p>&NewLine;

Editor

Wearlink Reels In $14 Million

SAN FRANCISCO --  Wearlinq, a provider of wearable health monitoring and diagnosis solutions, has announced…

1 day

Link Cell Therapies Emerges From Stealth With $60 Million

SOUTH SAN FRANCISCO -- Link Cell Therapies, an oncology cell therapy company, announced its official…

3 days

Roku to Broadcast Movie With Lauren Holly, Sophia Bush

SAN JOSE — Roku invites viewers to pack their bags for “Broad Trip,” a road…

3 days

Databricks Snags Mammoth $4 Billion Investment

SAN FRANCISCO — Data and AI company Databricks has snagged a massive $4 billion-plus Series…

3 days

NVIDIA Awards $60,000 Grants to 10 Ph.D. Students

For 25 years, the NVIDIA Graduate Fellowship Program has supported graduate students doing outstanding work…

4 days

Sequoia Leads $140 Million Round in Fal

SAN FRANCISCO -- Fal, a real-time generative-media platform powering the next decade of AI-driven content,…

4 days