Several hundred homes could rise at site of closed San Jose casino
SAN JOSE — Several hundred homes could rise at the site of a shuttered casino and restaurant in San Jose, the latest attempt to craft a viable plan to redevelop the prime location.
The proposed development is being eyed at a 10.3-acre location near the corner of Saratoga Avenue and Kiely Boulevard in San Jose, according to documents on file with city planners. The potential development site is the location of the now-closed Garden City Casino; Harry’s Hofbrau, a popular restaurant; and other businesses.
The San Jose site has addresses of 360 and 400 Saratoga Ave., the city documents show. The structures on the property would be bulldozed for the anticipated development.
About 1,000 residential units would be built on the property, according to what is described as a preliminary proposal that’s being floated at San Jose City Hall.
An estimated 13,000 square feet of ground-floor commercial space, which could consist of shops or restaurants, would be included in the project.
Full details of the proposed development weren’t publicly available. Developers often float preliminary proposals with municipal planners as a kind of trial balloon to gauge the city’s reaction to a project concept.
A group operating as High Street Northern California Development submitted the proposal to city officials.
An executive with Trammell Crow, one of the nation’s largest and most experienced real estate development and investment companies, was listed as a key contact for the development endeavor.
The Trammell Crow project is the latest among several proposals for the site that developers have envisioned.
In 2016, offices, homes and retail were proposed by Prometheus Real Estate and Shorenstein. In 2020, an office campus and hotel were suggested by Dutchints Development. In 2021, Urban Catalyst proposed offices, housing, a hotel and a senior residential complex.
The two most recent proposals arrived amid the economic disruptions that the coronavirus unleashed. None of the first three proposals reached the construction stage.
It wasn’t immediately clear what type of housing — rental, for sale, or a mix of the two — would be built on the property as part of the anticipated 1,000 units.
At present, the two parcels that comprise the site are both owned by Pestana Properties and an affiliate controlled by the Pestana family. The Pestana family and company were also the owners of the site through the prior development proposals that failed to reach fruition.
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