SAN JOSE—Late last week, Urban Catalyst, an Opportunity Zonefund focused on ground-up development projects in Silicon Valley,filed a conditional and special use permit for a senior livingproject, Delmas, in the downtown San Jose Opportunity Zone. This isits fourth project submittal in less than a week.
"With the aging Baby Boomer population, downtown San Jose needsthis type of facility so our elderly residents can age gracefully,"Erik Hayden, founder of Urban Catalyst, tells GlobeSt.com. "Delmasis the first senior housing project that incorporates assistedliving and memory care to be built in the downtown corridor in morethan 35 years. We're forging ahead on schedule, along with threeother projects we announced last week, and we don't intend to slowdown."
Delmas, which was designed by AEDIS Architects in coordinationwith Lenity Architecture, will include a mix of 117 assisted livingunits and 50 memory care units. The project's location at West SanCarlos Street and Gifford Avenue will provide access to downtownSan Jose's amenities and activities.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
