SAN JOSE, CA-A nearly century-old canning plant here is being converted into loft-style homes and will also feature an adjacent 450-unit apartment community.

San Mateo-based developer The Castle Group is begin this week on a complete conversion of the 95-year-old plant on Bush Street into loft-style homes. Developer AvalonBay Communities is building the apartment units.

Both companies are hoping to capitalize on San Jose’s housing crunch while integrating past architecture with modern conveniences. Castle Group vice president of development Jim Pollart says the project not only preserves the four existing buildings, but also creates an urban neighborhood that appeals to both local planners and potential buyers from the new economy.

Both the apartment community and the lofts will be available in the spring.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt. Multifamily Spring 2023Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt. Multifamily Fall 2023Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.