Mechanical Valet and Art Program Make for Unique Amenities

7EMPIRE will include a mix of residential, retail, parking and a sculpture/street art park.

SAN JOSE—Construction on 7EMPIRE, a 97-unit class-A art-focused multifamily community, is underway at 525 North 7th St. on the only remaining infill site in Japantown. The Japantown location provides direct connections to VTA light rail, bus and bike-share transit modes linked to nearby Silicon Valley employment centers. The site also has access to Jackson Street shops, grocers and restaurants as well as local artists, vendors and design studios which comprise the Jtown Art Walk.

JLL arranged $34 million in debt financing for the combination wrap/podium project, working on behalf of the developer, TriForge Capital Partners, to secure the 13-year fixed-rate construction-to-permanent loan with Guardian Life Insurance Company of America. TriForge Capital Partners is led by development groups LandForge and developURBAN. The JLL capital markets team previously coordinated venture equity on behalf of the developer.