Source: mercurynews.com | Re-Post MNM Partners, LLC 11/30/2018 –
SAN JOSE — Google’s transit-oriented village could bring more than 25,000 new jobs into downtown San Jose — an eye-popping 65 percent increase in the number of workers in the urban heart of the Bay Area’s largest city, according to a new city-commissioned study.
“There is going to be a lot more of everything for downtown San Jose,” said Scott Knies, executive director of of the San Jose Downtown Association. “More jobs, more housing, more hotel rooms, retail, restaurants, more tax revenue. This report makes that clear.”
The biggest economic benefits would occur if taller buildings can be constructed in that part of downtown San Jose, much of which lies beneath the flight paths of jetliners using the city’s international airport, the according to the report circulated by San Jose’s Economic Development Department.