California Apartment Association

CAA’s Outlook 2014: More housing slated for San Jose’s downtown

Thousands of housing units are coming to San Jose’s downtown, and a major tech firm has big plans for the area, too, a city councilman said at the California Apartment Association’s Outlook 2014.

“By this time next year, we’re going to have about 2,500 housing units under construction in the downtown core alone,” San Jose City Councilman Sam Liccardo said, according to The Registry, Bay Area Real Estate.

On Thursday, Feb. 6, The Registry covered CAA’s economic summit for Silicon Valley’s rental housing industry.

“We’re soon going to be able to announce a major tech company filling about 2 million square feet just north of downtown,” Liccardo added, according to The Registry.

Other speakers included Roseanne Foust, vice mayor of Redwood City; and Larry Stone, Santa Clara County’s assessor. Moreover, offering a 2014 legislative outlook were Tom Bannon, CEO of the California Apartment Association, and Debra Carlton, senior vice president of public affairs for the association.