San Jose State University is leasing and plans to buy the south tower of the Signia Hilton to house 700 to 800 students.
There are several smaller projects in downtown San Jose, including a new restaurant, housing towers, a food hall, a cannabis dispensary, and a pedestrian bridge.
San Jose State University will buy downtown tower around end of 2025
San Jose State University plans to purchase a former hotel tower to convert into student housing in downtown San Jose.
The university will house 700 to 800 students in the tower starting in fall 2024.
SJSU aims to exercise its option to become the permanent owner of the tower by December 2025.
Downtown Hotel to Sell One Tower for Proposed San Jose State Student Housing
San Jose State University has made a $113 million lease-buy-back deal with Throckmorton Partners to convert a former hotel into a student residence hall.
The project will provide affordable housing units for undergraduate students by fall 2024.
The university's expansion in downtown San Jose will benefit small businesses and entertainment venues.
SJSU student housing deal may be win-win for university, San Jose
San Jose State University is planning to use a $113 million deal to expand its influence and transform downtown San Jose into its campus.
The deal is seen as a win-win for the university and the city's downtown district, as it will enrich the urban core and provide opportunities for students.
San Jose State's impact and influence will extend well beyond the campus to the western edges of downtown San Jose.
SJSU completes $113 million deal to house students in downtown San Jose hotel tower
San Jose State University and Throckmorton Partners have reached a $113 million deal to house SJSU students in a tower of the Signia Hotel in downtown San Jose.
Throckmorton Partners bought the southern tower of the hotel for slightly more than $73 million and will lease it to SJSU.
The housing complex is expected to accommodate 700 students and SJSU has the option to buy the tower in two years.
Hilton Signia Hotel
San Jose State University has reached a $113 million deal with a developer to convert a former hotel into a student residence hall.
The conversion is the largest post-pandemic conversion of commercial property in the Bay Area for residential use.
The project will provide affordable housing for undergraduate students and contribute to the expansion of the university's presence in downtown San Jose.
San Jose State University will buy downtown tower around end of 2025
San Jose State University plans to purchase a former hotel tower to convert into student housing in downtown San Jose.
The university will house 700 to 800 students in the tower starting in fall 2024.
SJSU aims to exercise its option to become the permanent owner of the tower by December 2025.
Downtown Hotel to Sell One Tower for Proposed San Jose State Student Housing
San Jose State University has made a $113 million lease-buy-back deal with Throckmorton Partners to convert a former hotel into a student residence hall.
The project will provide affordable housing units for undergraduate students by fall 2024.
The university's expansion in downtown San Jose will benefit small businesses and entertainment venues.
SJSU student housing deal may be win-win for university, San Jose
San Jose State University is planning to use a $113 million deal to expand its influence and transform downtown San Jose into its campus.
The deal is seen as a win-win for the university and the city's downtown district, as it will enrich the urban core and provide opportunities for students.
San Jose State's impact and influence will extend well beyond the campus to the western edges of downtown San Jose.
SJSU completes $113 million deal to house students in downtown San Jose hotel tower
San Jose State University and Throckmorton Partners have reached a $113 million deal to house SJSU students in a tower of the Signia Hotel in downtown San Jose.
Throckmorton Partners bought the southern tower of the hotel for slightly more than $73 million and will lease it to SJSU.
The housing complex is expected to accommodate 700 students and SJSU has the option to buy the tower in two years.
Hilton Signia Hotel
San Jose State University has reached a $113 million deal with a developer to convert a former hotel into a student residence hall.
The conversion is the largest post-pandemic conversion of commercial property in the Bay Area for residential use.
The project will provide affordable housing for undergraduate students and contribute to the expansion of the university's presence in downtown San Jose.