UPDATE: San Jose has just approved a significant housing project that will reshape the city’s western border with Cupertino. The seven-story complex at 1000 S. De Anza Blvd will bring 118 new apartments to the area, addressing urgent housing demands.
This project, initiated by Borello Asset Management, aims to replace a vacant commercial building with much-needed residential units, including 24 below-market-rate apartments. The approval, granted last week, is crucial as the region grapples with a severe housing shortage.
The new building will feature 44 studios, 42 one-bedroom apartments, and 32 two-bedroom units, catering to diverse community needs. Notably, 24 of these units will be available to individuals earning 80% of the area’s median income, which is projected at $136,650 for a single person in 2025.
Construction is expected to commence in early 2026, with an estimated duration of 14 months. The environmental impact report suggests the development aligns with San Jose’s long-term urban planning goals, which endorse higher density along commercial corridors.
However, not all community members are on board. Local residents have raised concerns about potential construction noise and vibrations affecting nearby homes. Becky Bender, president of the Ventana Place Homeowners Association, warned of possible structural risks, stating, “If the ground sinks or settles due to excessive vibrations… it could lead to catastrophic structural failures.”
“The current use of the property is an inefficient use of land that does not benefit anybody,” said Erik Schoennauer, a consultant for Borello. “Redeveloping the property makes sense for the neighborhood and for the city.”
Despite opposition, city project manager Alec Atienza confirmed that the project complies with state housing laws, allowing for expedited approval under the Builder’s Remedy process. This process permits developers to bypass certain local restrictions if the city’s housing element is out of compliance.
As San Jose moves forward with this ambitious project, it highlights the ongoing struggle to balance development with community concerns. Local officials and developers will need to navigate these challenges carefully as construction plans proceed.
The urgency of this development cannot be overstated—San Jose’s housing crisis demands immediate action, and this project is a critical step in addressing that need. Residents and stakeholders will be closely watching how Borello Asset Management manages the construction phase and ongoing community feedback.
Stay tuned for further updates as this project unfolds, impacting both housing availability and community dynamics in San Jose.
