At 199 Bassett Street, an abandoned affordable housing project is being repurposed into a state-of-the-art AI Research and Development Facility. Originally planned for 803 co-living residences, which fell through due to financial issues, the new development aims to tap into Silicon Valley's strengths. It will feature retail space and accommodate the data demands of tech innovation. Led by Dennis Randall, this project not only addresses the need for more tech resources but also highlights the city's shifting focus from housing to fostering innovation, reinforcing San Jose's role as a leader in AI.
The past plans for a large affordable housing project at 199 Bassett Street were scrapped following foreclosure, paving the way for an innovative tech hub.
The new AI Research and Development Facility will offer 2,800 square feet of retail space on the ground floor, enhancing the area's vibrancy.
Dennis Randall's initiative aims to capitalize on Silicon Valley's strengths, attracting more talent and innovation to the heart of the city.
While the demand for affordable housing persists, this shift to a tech-focused approach underscores San Jose's evolving priorities in the realm of innovation.
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