Another downtown mega-project in San Jose is faced with uncertainty after the developer signaled it will push back the timeline for construction—for up to five years—as demand for tech office space lags in the heart of Silicon Valley.
An affiliate of Jay Paul Co. has asked city planners for a five-year extension of its permit to redevelop CityView Plaza and adjacent parcels into a massive 3.4M SF tech complex anchored by three, interconnected 19-story office towers with retail and restaurants.
SJ Cityview LLC, an affiliate of San Francisco-based Jay Paul, currently has a development permit that expires in June 2025 for a site bounded by South Almaden Boulevard, West San Fernando Street, South Market Street and Park Avenue.
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