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www.mercurynews.com
5 months ago
Silicon Valley real estate

VTA ditches quest to grab San Jose site as train station design shifts

The Santa Clara Valley Transportation Authority has abandoned its plan to seize a downtown San Jose property through eminent domain after the proposed BART station design shifted.
This marks the second time the VTA has given up a purchase effort on East Santa Clara Street.
The VTA stated that it did not need the property for the construction of the Downtown San Jose BART Station. [ more ]
www.mercurynews.com
5 months ago
East Bay (California)

VTA scuttles seizure of San Jose tower site delay may hurt project

The Santa Clara Valley Transportation Authority has abandoned its plans to seize a prime site near a future BART station in downtown San Jose through eminent domain, potentially derailing a housing highrise project.
The VTA stated that it no longer needed the property to build a component of the train station, removing the need to acquire it.
The legal threats from the VTA have created new problems for the property, potentially impacting the development process. [ more ]
www.mercurynews.com
5 months ago
Silicon Valley real estate

VTA ditches quest to grab San Jose site as train station design shifts

The Santa Clara Valley Transportation Authority has abandoned its plan to seize a downtown San Jose property through eminent domain after the proposed BART station design shifted.
This marks the second time the VTA has given up a purchase effort on East Santa Clara Street.
The VTA stated that it did not need the property for the construction of the Downtown San Jose BART Station. [ more ]
www.mercurynews.com
5 months ago
East Bay (California)

VTA scuttles seizure of San Jose tower site delay may hurt project

The Santa Clara Valley Transportation Authority has abandoned its plans to seize a prime site near a future BART station in downtown San Jose through eminent domain, potentially derailing a housing highrise project.
The VTA stated that it no longer needed the property to build a component of the train station, removing the need to acquire it.
The legal threats from the VTA have created new problems for the property, potentially impacting the development process. [ more ]
moreeminent-domain
The Mercury News
7 months ago
Silicon Valley real estate

VTA buys prime downtown San Jose property near bullet train right-of-way

The Santa Clara Valley Transportation Authority (VTA) has purchased a property in downtown San Jose near the right-of-way for a bullet train line.
The purchase by the VTA appears to have terminated plans for a big housing development at the site. [ more ]
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