Downtown San Jose is experiencing a 8.3 percent increase in jobs, reaching 27,400 in the 2025 fiscal year. Foot traffic has risen by 7 percent, reflecting a newfound vibrancy in the area. The resident population remains stable around 23,000, while office vacancy rates are slightly up to 29 percent. Rents have significantly improved, indicating demand for space. San Jose State University contributes to revitalization with developments like Spartan Village. Major upcoming events, including the Super Bowl, will further enhance Downtown's attractiveness and growth potential.
Jobs in Downtown San Jose reached an estimated 27,400 during the 2025 fiscal year, marking an 8.3 percent increase from the previous year's 25,300.
Foot traffic in Downtown San Jose rose 7 percent in the year leading up to April, indicating more people are returning to enjoy the area's offerings.
San Jose State University's growing presence enhances Downtown's vitality, with developments like the Spartan Village on the Paseo providing 700 beds in a repurposed hotel tower.
Looking ahead, Downtown San Jose prepares to host major events including the Super Bowl, FIFA World Cup matches, and NCAA men's college basketball games.
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