Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council advances multiple housing incentives; Gateway Tower and Bank of Italy moves toward construction
Summary
Council approved inclusion of Gateway Tower and the Bank of Italy conversion into downtown incentive programs and admitted El Paseo to the multifamily incentive program, advancing hundreds of housing units and several development fee/tax-waiver packages.
San Jose's City Council approved several development incentive actions on April 1 designed to accelerate housing production downtown and in key growth corridors.
Gateway Tower: The council admitted Gateway Tower (Core Affordable Housing) to the Downtown Residential Incentive Program. The 15'story project would deliver roughly 220 affordable units, funded through a complex package of city, county and state subsidies. Developers said construction is expected to start in mid'2026. "We're looking forward to break ground this summer," said Aaron Barger of Core Affordable Housing.
Bank of Italy…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
