#urban-catalyst

#urban-catalyst

SAN JOSE - A high-profile San Jose development that originally was floated as adjacent housing and office towers has now evolved into a midrise project that would produce well over 600 homes - and no offices - new plans on file at City Hall show. Urban Catalyst, a real estate firm that is active in downtown San Jose, has proposed two buildings, each of them eight stories, that would sprout in downtown San Jose, plans that would replace towers with shorter buildings.

An apartment project, slated to rise at the corner of West San Carlos Street and Josefa Street in downtown San Jose, has obtained a construction loan totaling $112.5 million, according to documents filed on Aug. 26 at the Santa Clara County Recorder's Office. Aquino, as the 278-unit apartment hub is known, is being developed by an affiliate of San Jose-based real estate firm Urban Catalyst. It is set to break ground on Sept. 3.