San Jose New Construction & Proposed Multifamily Projects
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San Jose New Construction & Proposed Multifamily Projects 1Q19 ID PROPERTY UNITS 132 1 Santa Clara Square 1,840 5 Flats at Cityline, The 198 Total Lease Up 2,038 10 1130 Kifer Road 520 11 Nuevo 537 15 Dean, The 583 20 Novo 204 21 Gateway Village 476 22 500 Ferguson Drive 394 131 24 Anton Mountain View 144 46 Total Under Construction 2,858 133 121 42 City Place Santa Clara 1,360 104 43 1250 Lakeside Drive 250 130 129 114 44 Atria 108 15 144 42 45 Flats at Cityline Phase II, The 94 123 24 142 107 46 North Bayshore 9,850 126 143 Total Planned 11,662 20 122 127 49 124 128 118 49 5150 El Camino Real 196 22 103 2232 - 2240 El Camino Real 151 43 106 104 2233 Calle Del Mundo 57 125 106 Intel Land 950 1 107 Kylli 100 117 5 108 Laguna Clara Phase II 407 125 525 Evelyn 471 10 11 109 Lawrence Square 701 126 759 West Middlefield 75 119 45 110 Mariani's Inn 392 127 Eaves Mountain View at Middlefield Phase II 341 116 112 Moonlite Lanes 158 128 Middlefield Crossing 100 114 Tasman East 50 129 San Antonio Road & California 116 1155 Aster Avenue 412 Street 632 117 311 South Mathilda Avenue 75 130 Shoreline Boulevard 203 118 370 San Aleso 63 131 2755 El Camino Real 60 109 120 119 403 South Mathilda Avenue 100 132 Light Tree 100 44 21 112 110 103 120 Butcher's Corner 153 133 Wilton Court 61 121 1255 Pear Avenue 650 142 1139 Karlstad Drive 250 122 1696 Villa Street 226 143 400 Logue 412 123 2700 West El Camino Real 211 144 Village Lake Redevelopment 716 108 124 355-415 East Middlefield 269 Total Prospective 8,742 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19 93 40 3 7 95 94 138 92 8 6 12 ID PROPERTY UNITS 3 Edge, The 381 6 Capitol 650 351 7 Turing 371 Total Lease Up 1,103 8 1646 Centre Pointe Drive 694 12 730 East Capitol Avenue 582 Total Under Construction 1,276 40 Piper Drive Residential 308 91 Total Planned 308 91 Seely Avenue 100 92 720 Montague Expwy 216 93 Ada 218 94 Elion 423 95 Gideon 173 138 1380 Main Street 220 Total Prospective 1,350 500 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19 ID PROPERTY UNITS 9 Reserve at San Jose, The 636 16 Platform, The 551 16 17 Santana Terrace 92 19 1777 Almaden Road 55 29 955 South 1st Street 51 66 Total Under Construction 1,385 67 105 65 37 Summerwind Phase II 103 111 68 62 41 358 Hatton Street 258 113 50 Total Planned 361 63 50 1260 East Santa Clara Street 418 62 Japantown Square 520 63 North 14th Street & East St. John 750 115 Street 17 65 1936 Alum Rock 94 140 66 2350 Alum Rock Avenue 87 139 141 67 Alum Rock Avenue & Jose Figueres 101 102 41 29 Avenue 738 100 68 Little Portugal Gateway 121 98 37 69 Canoas Garden Avenue & Evans 97 Lane 61 99 137 9 70 Cambrian Park Plaza Redevelop- 77 ment 344 71 1410 South Bascom Avenue 590 96 77 961 Meridian Avenue 228 19 90 Southwest Plaza at Bascom Station 701 71 90 96 4146 Mitzi Drive 50 69 97 751 South Winchester Blvd 160 98 Dudley Avenue 110 99 eaves West Valley Phase III 300 100 Saratoga Avenue & Stevens Creek Blvd 870 101 Stevens Creek Executive Center Redevelopment 582 102 Volar 307 105 Gateway Crossing 1,600 111 Mission Town Center 355 113 Santa Clara University Educator 139 Agrihood 361 Housing 295 140 Hills at Vallco, The 800 115 Hamptons Redevelopment, The 942 70 141 Marina Plaza 188 137 Tamien Station Transit Oriented 569 Development Total Prospective 12,141 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19 ID PROPERTY UNITS 74 259 Meridian 120 75 740 West San Carlos 63 2 Silver 268 76 777 West San Carlos 148 4 808 West 315 78 Delmas Avenue & Park Avenue 123 Total Lease Up 583 79 District, The 2,400 80 DuPont Street & McEvoy Street 458 52 13 Graduate, The 235 81 Hanover Diridon 249 14 Modera San Pedro Square 201 82 McEvoy Street & West San Carlos 18 Sunol 269 Street 319 23 SparQ 105 83 Montgomery 2 70 89 55 26 James, The 195 84 Montgomery 7 54 48 35 28 138 Stockton Avenue 164 85 Page Street 82 34 30 Aura 101 86 Park Avenue & Delmas Avenue 643 58 33 Total Under Construction 1,270 87 Race Street Residential 206 26 88 Race Street Terrace 70 31 150 South 2nd Street Block 3 393 89 Rail Yard Place 650 79 14 32 Gateway Tower 275 Total Prospective 10,427 57 51 33 Miro 600 36 81 34 North San Pedro Tower 305 53 31 64 35 Park View Towers 220 28 36 Post Street & San Pedro Street 230 13 38 Diridon Station 325 38 39 Ohlone Phase II, The 550 54 48 195 West Julian Street 381 32 61 Total Planned 3,279 86 59 78 23 51 27 West 374 30 52 447 North 1st Street 111 83 56 60 53 70 South Almaden 708 88 80 84 54 Alamaden Blvd & Park Avenue 260 87 74 55 Aviato 800 73 76 82 39 Balbach Street & South Almaden 56 87 72 4 75 Blvd 85 2 57 Carlyle, The 220 18 58 Davidson Plaza Towers 653 59 Firestone 130 60 Garden Gate Tower 285 61 Invicta Towers 667 64 Spartan Heights 316 72 1470 West San Carlos Street 81 73 250 Grand Avenue 80 500 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19 27 134 47 ID PROPERTY UNITS 25 Monterey Gateway 75 136 27 Great Oaks Boulevard 301 Total Under Construction 376 135 25 47 Condit Evergreen 182 Total Planned 182 134 Wyndham Place 80 135 1st Street & Kern Avenue 119 136 8955 Monterey Road 78 Total Prospective 277 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Santa Clara Square 3321 Coronado Place Santa Clara CA 95054 Lease-Up 1,840 Santa Clara 02/06/2017 02/28/2021 03/12/2018 2 Silver 333 Sunol Street San Jose CA 95126 Lease-Up 268 Central San Jose West 09/18/2017 08/31/2019 03/01/2019 3 Edge, The 753 Montague Expwy Milpitas CA 95035 Lease-Up 381 Milpitas 04/01/2017 05/31/2019 09/12/2018 4 808 West 808 West San Carlos Street San Jose CA 95126 Lease-Up 315 Central San Jose West 02/01/2016 05/31/2019 12/01/2017 5 Flats at Cityline, The 300 West Washington Avenue Sunnyvale CA 94086 Lease-Up 198 Sunnyvale 04/30/2017 04/30/2019 09/01/2018 6 Capitol 650 650 East Capitol Avenue Milpitas CA 95035 Lease-Up 351 Milpitas 02/03/2017 04/30/2019 06/18/2018 7 Turing 1315 McCandless Drive Milpitas CA 95035 Lease-Up 371 Milpitas 11/18/2015 04/30/2019 10/09/2017 Total Lease-Up 3,724 8 1500 - 1646 Centre Pointe 1646 Centre Pointe Drive Milpitas CA 95035 Under Construction 694 Milpitas 12/17/2018 12/31/2020 9 Reserve at San Jose, The 897 South Winchester Blvd San Jose CA 95128 Under Construction 636 West San Jose 04/30/2018 12/31/2020 10 1130 Kifer Road 1130 Kifer Road Sunnyvale CA 94086 Under Construction 520 Sunnyvale 08/03/2018 10/31/2020 11 Nuevo 3505 Kifer Road Santa Clara CA 95051 Under Construction 537 Sunnyvale 09/01/2018 08/31/2020 12 Anton Milpitas 730 East Capitol Avenue Milpitas CA 95035 Under Construction 582 Milpitas 09/04/2017 05/31/2020 13 Graduate, The 300 South 2nd Street San Jose CA 95113 Under Construction 235 Central San Jose 03/12/2018 04/30/2020 14 Modera San Pedro Square 45 North San Pedro Street San Jose CA 95110 Under Construction 201 Central San Jose 12/01/2017 12/31/2019 15 Dean, The 400 San Antonio Road Mountain View CA 94040 Under Construction 583 Mountain View - Los Altos 11/01/2017 11/30/2019 16 Platform, The 1501 Berryessa Road San Jose CA 95133 Under Construction 551 East San Jose 04/02/2018 10/31/2019 17 Santana Terrace 190 North Winchester Blvd Santa Clara CA 95050 Under Construction 92 Santa Clara 05/07/2018 10/31/2019 18 Sunol 345 Sunol Street San Jose CA 95126 Under Construction 269 Central San Jose West 02/28/2018 09/30/2019 19 1777 Almaden Road 1777 Almaden Road San Jose CA 95125 Under Construction 55 South San Jose 09/01/2018 08/31/2019 20 Novo 2268 West El Camino Real Mountain View CA 94040 Under Construction 204 Mountain View - Los Altos 03/05/2018 08/31/2019 21 Gateway Village 3700 El Camino Real Santa Clara CA 95051 Under Construction 476 Sunnyvale 09/01/2016 07/31/2019 22 500 Ferguson Drive 500 Ferguson Drive Mountain View CA 94043 Under Construction 394 Mountain View - Los Altos 11/06/2017 07/31/2019 23 SparQ 598 South 1st Street San Jose CA 95113 Under Construction 105 Central San Jose 03/19/2018 06/30/2019 24 Anton Mountain View 394 Ortega Avenue Mountain View CA 94040 Under Construction 144 Mountain View - Los Altos 05/07/2018 06/30/2019 25 Monterey Gateway Ervin Court & Monterey Road Gilroy CA 95020 Under Construction 75 Gilroy 12/01/2018 06/30/2019 26 James, The 50 North 1st Street San Jose CA 95113 Under Construction 195 Central San Jose 02/01/2016 05/31/2019 27 Great Oaks Boulevard Raleigh Road & Via Del Oro San Jose CA 95113 Under Construction 301 Far South San Jose 03/19/2018 05/31/2019 Source: Yardi Matrix San Jose New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 28 138 Stockton Avenue 138 Stockton Avenue San Jose CA 95126 Under Construction 164 Central San Jose West 03/12/2018 05/31/2019 29 955 South 1st Street 955 South