en.Wedoany.com Reported - Two U.S. developers have jointly submitted a proposal to convert a vacant office property at 3550 North First Street in San Jose into up to 446 new homes. The developers behind the proposal are SummerHill Homes and Cypress Equity.

Upon completion, the project will create a large affordable apartment complex, with 373 units designated as below-market-rate housing for residents earning 60% of the area median income. The remaining 73 units will be townhouse-style apartments planned for sale at market rates.

The entire development spans 5.9 acres. The building layout and design are still under review and have not yet received final approval. The developers have indicated plans to construct separate townhouses and apartment buildings, along with vehicle access, ground-level parking areas, and landscaped zones.

The site is located near multiple major roadways, facilitating easy access by car. The Tasman light rail station also provides future residents with additional public transit connections. Historically dominated by commercial and industrial properties with few residential projects, North San Jose is seeing a shift in recent years, with several new housing projects either under construction or planned in the area. The increase in housing is also expected to spur growth in surrounding community amenities, such as shops and restaurants. Future residents of this project can look forward to a continuously evolving neighborhood environment.

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