Huge San Jose housing development is eyed at ex-Fry’s Electronics site

SAN JOSE — A huge housing development with several hundred residences could be built on the site that once housed the Fry’s Electronics headquarters and one of the failed retailer’s most iconic stores, city documents show.

The potential residential project also suggests that the site’s owners have ditched their plans for a vast tech campus totaling millions of square feet on the property.

The tech industry’s move to significantly scale back its appetite for new plans for office space in the Bay Area, including Silicon Valley, has made speculative office projects a much less feasible proposition.

Bay West Development, which had proposed an office campus with up to 2 million square feet of office space on the Fry’s site at 550 East Brokaw Road, is now instead pushing forward with a proposal to build residences, including multifamily apartments.

All told, at least 500 residential units — and possibly more than 1,000 housing units — might be built on the Fry’s property, which is on a choice site near the Interchange of Interstate 880 and East Brokaw Road.

The real estate firm has proposed two different versions for developing houses on the property.

The Bay West Development proposal calls for the redevelopment of the entire Fry’s Electronics site in north San Jose, which means an existing store site and warehouse would be bulldozed to clear the way for the project.

Campbell-based Bay West Development officials declined to comment about the company’s proposal.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Swift Telecast is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – swifttelecast.com. The content will be deleted within 24 hours.

Leave a Comment