1731 & 1733 North First Street, San Jose, Ca
Barry Swenson Builder is pleased to offer for sale or joint venture, an approved to be built project consisting of two 14 story apartment Towers in San Jose, California, the heart of the Silicon Valley.
The project, known as Century Towers, is planned for a minimum of 440 apartments and ±10,000 square feet of ground level retail space. Additionally, there will be three levels of parking with approximately 631 residential parking spaces and 39 retail parking spaces. Common area facilities are located on podium level and include community pool,fitness room,lounge club and business center.
IDEAL LOCATION
- Located in San Jose’s Innovation Triangle
- Close proximity to Highway 101, Interstate 880, Interstate 680, State Route 237 and the Guadalupe Parkway (State Route 87)
- VTA light rail transportation system, located directly in front of the project, serves downtown San Jose (10 minutes)
- Mineta San Jose International Airport is nearby. A shuttle service stop to the air- port is a short block from the project site.
- Three miles from lively downtown San Jose.
CONSTRUCTION ADVANTAGE
Barry Swenson Builder has developed a cost saving construction system called the Landmaker to construct residential high rise
and commercial buildings. The Landmaker system of poured-in- place concrete with steel reinforcements provides builders with the technology to construct apartment towers at costs comparable to low rise, wood frame, garden-style apartments. The Landmaker provides greater structural integrity and shorter construction time.The extensive use of concrete creates longer life cycles for structures and reduces maintenance for owners, managers and residents.
FLEXIBLE TIMING AND PROJECT CONTROL
Century Towers gives the buyer or joint venture partner the opportunity to own a luxury high rise apartment complex in a well established area and the flexibility to control the timing of the project. With an approximate two year construction timeline, buyers or joint venture partners can determine the best time to start or complete the project in anticipation of market demand. Since the Century Towers offers in place entitlement and buildable land without pre-construction costs,a purchase will provide investors with low-cost control of a prime development site.
SILICON VALLEY
Silicon Valley is the innovation capital of the world. Its technological
leadership is derived from an unmatched combination of leading technology companies, world class universities, a cutting edge talent pool and the highest concentration of venture capital firms in the world. In recent years, one third of all U.S. venture capital investments were devoted to emerging companies in the Silicon Valley. It is these companies that create,design and supply the world with the most innovative, state of the art products and ideas. These factors contribute to the Silicon Valley being the most desirable region in the world for investments.
INNOVATION TRIANGLE
The Century Towers site is located in North San Jose but more
specifically, in an area known as the Innovation Triangle. Encompassing
nearly 4,800 acres, the Innovation Triangle is considered to be one the
world's most prestigious high tech addresses. It is home to approximately 56,000 high tech jobs with projected job growth of up to 80,000 more in the next 20 years. Demand for quality rental housing in the area is expected to exceed supply in the next economic growth cycle.
FOR MORE INFORMATION AND TO SETUP AN APPOINTMENT WITH THE CENTURY TOWERS PROJECT MANAGER, PLEASE FILL OUT THE FORM TO THE RIGHT OF THIS PAGE!