A transit-oriented development near San Jose's Tamien Station aims to commence construction on 132 affordable housing units by mid-2026. The CORE Cos. and Republic Urban Properties are developing a total of 477 units on 6.96 acres. Plans for a larger market-rate building shifted towards affordable housing in response to current market conditions. The Santa Clara County Valley Transportation Authority also plans to develop over 1,600 affordable units across the county, envisioning 11 million square feet of development, including 7,000 housing units, to address the affordable housing crisis.
The CORE Cos. and Republic Urban Properties plan to begin the next phase of their project near Tamien Station, adding 132 affordable housing units by mid-2026.
The developers pivoted to building an affordable housing structure due to market conditions, which they believe will increase the chance of financing and construction.
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