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Google village: Scope appears to be widening with new property deals for massive downtown San Jose t



SAN JOSE — Google’s realty ally has scooped up two more downtown San Jose parcels — acquisitions that suggest the scope has widened for a proposed Google village in the city’s urban core.

TC Agoge Associates — a group controlled by Google’s development ally on this project, San Francisco-based Trammell Crow — paid a total of $1.3 million for the two properties. Both are a short distance from the Diridon train station and the SAP entertainment center in downtown San Jose.

In the most recent deal, TC Agoge paid $650,000 on Jan. 3 for a residential structure at 195 N. Autumn St., which is outside of the areas where properties had previously been purchased on Google’s behalf. The new North Autumn site is between West Julian and West St. John St. and is part of a square block east of the SAP parking lots.

On Dec. 21, TC Agoge paid $650,000 for a vacant lot at 551 W. Julian St., sold by a government entity supervised by the city of San Jose. The property is north of the SAP Center.

“The North Autumn property is close enough to the north-south daisy chain that Google is assembling, it’s still in the general vicinity,” said Scott Knies, executive director of the San Jose Downtown Association. “It does represent a widening of the areas that interest Google.”

Mountain View-based Google plans to build 6 million to 8 million square feet of offices on the west side of downtown San Jose, enough space for 15,000 to 20,000 of the company’s workers.

For more information, check out:

https://www.mercurynews.com/2018/01/08/more-sites-bought-for-downtown-san-jose-google-transit-village-scope-appears-to-be-widening/

#Google #Redevelopment

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