I still dont understand why they didnt want to lease small pieces to multiple tenants. I understand that it is somewhat more prestigious to have one tenant but in the current economic climate it was nonsensical. Hopefully 10 Almaden will have an easy time replacing PWC and this can result in a net gain for downtown.Old news, new development.
Deal near on downtown San Jose's biggest vacancy:
Perhaps it is the former Sony site (Zanker & River Oaks)...they (Irvine Apartment Co) have been talking about building apartments there for a couple of years - it's very close to another Irvine community - but it all got stalled by the economy. The entire area (it's quite a large site) has been fenced off for a couple of years now, but I noticed in the last week or so that they have begun digging up the parking lot and chopping down a lot of the trees (there are a lot of dead palm trees on that site so no great loss IMO). Anyway...I could be wrong but that's my guess!
From the SJ Redevelopment Monthly Report for June:Does anyone know what's up with 360 residences? Looks like the building was completed over a year ago but it looks lie there is no one living there. The only thing that caught my eye, besides the building being all dark, was that there is a Subway sing by the side of the building.
Took some crappy pics on the way Home.When I was driving to work today I noticed a truck at the intersection of Almaden & San Fernando. When I came Home they were still outside but had some sort of projector mounted on a pole and had it projecting on the side of the building on the NE corner. I wonder if this is some sort of art piece or what?