Urban Catalyst Submits Formal Entitlements for Icon/Echo Towers in Downtown San Jose
Retrieved on:
Tuesday, July 27, 2021
Architecture, Commercial Building & Real Estate, Construction & Property, Finance, Professional services, Urban planning, REIT, Residential Building & Real Estate, Geography of California, California, Downtown San Jose, San Jose, California, Silicon Valley, Cities in the United States, Catalyst, Santa Clara station, Downtown San José station, Santa Clara, California
The transit-oriented development is part of the federal Opportunity Zone tax relief program, and Urban Catalyst--a Qualified Opportunity Zone Fund--is currently accepting investments for the project.
Key Points:
- View the full release here: https://www.businesswire.com/news/home/20210727005172/en/
Urban Catalyst Submits Formal Entitlements for Icon/Echo Towers in Downtown San Jose (Photo: Business Wire)
Located at 147 E Santa Clara Street in the heart of downtown, Icon/Echo will create more than 300 multifamily apartment units and 420,000 square feet of Class-A office space. - Building high-density development near transit is Urban Planning 101, said Erik Hayden, Founder and CEO of Urban Catalyst.
- Urban Catalyst has purchased two of the four parcels needed for the development and is under contract to purchase the remaining two.
- Urban Catalyst is focused on ground-up development projects in downtown San Jose.