Deals for Mega Tech Campus Grabbed by Three Big Developers in Downtown San Jose
Source: mercurynews.com | Re-Post MNM Partners, LLC 1/30/2019 –
SAN JOSE — Three big developers have grabbed a stake in what’s deemed to be a potentially game-changing project in downtown San Jose, a proposed million-square-foot tech campus perched near the banks of the Guadalupe River and the edge of Google’s future transit village.
Boston Properties has obtained an interest in the Platform 16 tech campus, a city-approved project being developed by TMG Partners and Valley Oak Partners that are expected to be marketed to one or more tech or telecommunications giants.
The involvement of Boston Properties in Platform 16 suggests that a widening array of major developers are interested in downtown San Jose. In recent months, big players such as Jay Paul, John DiNapoli, Sobrato Organization and Gary Dillabough have either bought large properties at key development sites, or have unveiled plans for major projects on properties they own.