Two Bay Area-based developers have teamed up to propose a 1 million-square-foot office campus on 5.4 acres that stretches from the rail tracks behind San Jose MarketCenter to 440 W. Julian St., adjacent to the new Autumn Parkway.
Valley Oak Partners of San Jose and TMG Partners of San Francisco made their announcement just a few days after Google announced its plans for expansion in the same general area of downtown. The two projects combined with Trammell Crow’s 1 million-square-foot office project also on the westside would double the amount of total office space and workforce downtown.
The TMG project, designed by Kohn Pedersen Fox Associates, the New York firm that designed Hudson Yards, includes three six-story buildings of 157,000 square feet, 345,000 square feet and 490,000 square feet that have views toward downtown. The design includes large private terraces on each floor and 15 feet of height between floors.
“This is one of the last development opportunities in the Bay Area that truly brings together the concept of multi-modal transportation, amenity-rich infrastructure, and state-of-the-art workspaces,” said Matt Field, CIO at TMG Partners. “Downtown San Jose has come into its own with its vibrant cultural scene, diverse housing offerings, and a strong and growing technology sector making it attractive to employers and employees alike.”
The proposed area is adjacent to land being acquired by Google and under negotiation with the City of San Jose. It is currently old industrial uses and parking lots.