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.