SAN JOSE — A number of hundred properties may rise on the website of a shuttered on line casino and hofbrau in San Jose, a proposal that represents the newest try to craft a viable plan to redevelop the prime location.
The proposed growth is being eyed at a ten.3-acre location close to the nook of Saratoga Avenue and Kiely Boulevard in San Jose, in accordance with paperwork on file with metropolis planners.
The potential growth website is the situation of the now-closed Backyard Metropolis On line casino, a long-time playing heart; Harry’s Hofbrau, a preferred restaurant; and different companies.
The San Jose website has addresses of 360 and 400 Saratoga Avenue, the town paperwork present.
The buildings on the property can be bulldozed to clear the best way for the anticipated growth.
About 1,000 residential items can be constructed on the property, in accordance to what’s described as a preliminary proposal that’s being floated at San Jose Metropolis Corridor.
An estimated 13,000 sq. ft of ground-floor industrial house, which may consist of outlets or eating places, can be included within the mission.
Full-fledged particulars of the proposed growth weren’t publicly accessible. Builders typically float preliminary proposals with municipal planners as a form of trial balloon to gauge the town’s response to a mission idea.
A gaggle working as Excessive Avenue Northern California Improvement submitted the proposal to metropolis officers.
An government with Trammell Crow, one of many nation’s largest and most skilled actual property growth and funding corporations, was listed as a key contact for the event endeavor.
This proposal is much from the newest mission that builders have eyed through the years on the property.
In 2016, places of work, properties and retail had been proposed by Prometheus Actual Property and Shorenstein. In 2020, an workplace campus and resort had been steered by Dutchints Improvement. In 2021, City Catalyst proposed places of work, housing, a resort and a senior residential advanced.
None of those proposals managed to achieve the development stage. The 2 most up-to-date proposals arrived amid the financial disruptions that the coronavirus unleashed.
This newest mission imaginative and prescient represents the primary supposed mission the primary one within the slew of growth visions for the positioning that listed housing as the first actual property on the positioning.
It wasn’t instantly clear what sort of housing — rental, on the market, or a mixture of the 2 — can be constructed on the property as a part of the anticipated 1,000 items.
