SAN JOSE — Caltrain is rolling ahead with plans for 2 workplace towers in downtown San Jose totaling greater than 1 million sq. toes, a challenge that may craft a gateway for Google’s proposed transit village within the space.
The proposed towers would rise on a web site bounded by West Santa Clara Road, South Montgomery Road, Stover Road and Cahill Road, in response to a Caltrain replace relating to the transit service’s actual property plans subsequent to Diridon Station.
Caltrain describes the challenge as “a transit-oriented growth that may ship multiple million sq. toes of workplace on Caltrain’s high-profile web site throughout from San Jose’s important transit hub.”
The towers would whole 1.09 million sq. toes of workplace and retail area. This contains 1.05 million sq. toes of places of work and 46,000 sq. toes of “ground-floor lively makes use of,” the Caltrain proposal states. These ground-floor areas are anticipated to incorporate eating places and outlets.
The northern tower, which might be adjoining to West Santa Clara Road, would whole 570,000 sq. toes, consisting of 542,000 sq. toes of places of work and 28,000 sq. toes of “ground-floor lively makes use of,” in response to the Caltrain proposal.
The southern tower adjoining to Stover Road would whole 530,000 sq. toes, consisting of 512,000 sq. toes of places of work and 18,000 sq. toes of ground-floor lively makes use of.
A plaza between the 2 towers may create a gateway main from Diridon Station to the footprint of Google’s proposed transit-oriented neighborhood, which is known as Downtown West.
“The event parcel is positioned instantly adjoining to Google’s Downtown West,” Caltrain states in its actual property replace.
Google is planning a mixed-use village of workplace buildings, houses, outlets, eating places, resort amenities, leisure hubs, cultural loops and open areas the place the search big may make use of as much as 25,000 folks.
Vital design modifications have been added to the Caltrain challenge, the rail service acknowledged in its actual property replace. Among the many modifications: each towers will supply improved entry to adjoining streets and the southern tower can be shorter than initially envisioned.
Caltrain additionally intends to hunt out a growth associate that may lead the precise building of the challenge.
The practice service would undertake a floor lease association whereby Caltrain would personal the land beneath the buildings and the event associate would personal the buildings.
This association would allow Caltrain to gather lease on a long-term foundation from the bottom lease, relying on the success of the challenge.
The rail service intends to make sure that its two towers and Google’s transit village will likely be harmonious.
“Caltrain workers and consultants are coordinating carefully with Google to make sure that the design enhances surrounding makes use of,” the transit service stated of its personal two-tower proposed growth.
