City Council, June 16, 2026
Approves Rezoning at 15 Caudill Road, unanimous
What happened
The San Jose City Council's most significant land-use action was approving a real-property acquisition/development agreement (item 2.10) tied to Urban Catalyst's South First Street parcel and the linked 276-unit Gifford Apartments project on West San Carlos Street, passing 8-0 wi…
- Jurisdiction
- San Jose, CA
- Governing body
- Final authority
- Date
- June 16, 2026
- Decisions
- 15 zoning decisions
- Outcome
- Approved, unanimous
Projects in this meeting (1)
A project bundles every related decision, across hearings15 Caudill Road
ApprovedFree sample: decision 1 of 15
Acquisition of South First Street property and holdback agreement linked to Gifford Apartments
Approval of acquisition of an Urban Catalyst-owned parcel on South First Street (in front of the Santa Clara Street light rail station and near a future downtown BART station), linked via a $975,000 escrow holdback with a December 31 deadline to the 276-unit Gifford Apartments project on West San Carlos Street. Acquired at a ~60% discount to the previous owner's 2019 purchase price. Gifford currently has a 5% inclusionary set-aside; city exploring expanding to up to 20 units via master leasing. Passed 8-0 with Mayor Mahan, Councilmember Ortiz, and Councilmember Cohen recused for contributions from an Urban Catalyst principal.
- $975,000 escrow holdback tied to Gifford Apartments moving forward
- December 31 deadline referenced
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The San Jose City Council's most significant land-use action was approving a real-property acquisition/development agreement (item 2.10) tied to Urban Catalyst's South First Street parcel and the linked 276-unit Gifford Apartments project on West San Carlos Street, passing 8-0 wi…
Key Decisions (15)
Acquisition of South First Street property and holdback agreement linked to Gifford Apartments
Consent item 2.7 approved on separate vote
Rezoning at 15 Caudill Road
FY 2025-2026 budget actions (item 3.3)
Annual appropriation ordinance and funding sources resolution FY 2026-2027 (item 3.4)
Agreement with San Jose Police Dispatchers Association (item 3.5)
Agreement with ABMEI (item 3.6)
Agreement with Association of Legal Professionals (item 3.7)
Compensation and benefit changes for Unit 99 and unrepresented employees (item 3.8)
Opposition to Local Taxpayer Protection Act ballot measure (item 3.9)
Alum Rock Santa Clara Street Business Improvement District assessments FY 26-27 (item 8.1)
Downtown Business Improvement District assessments FY 26-27 (item 8.2)
Japantown Business Improvement District assessments FY 26-27 (item 8.3)
Alameda Business Improvement District assessments FY 26-27 (item 8.4)
Grant agreements for interim housing sites (item 8.5)
Development Activity (2)
Gifford Apartments
Residential
South First Street property acquisition (in front of Santa Clara Street light rail station)
Residential
Market Signals (4)
Housing Demand
San Jose hit only 33% of its RHNA housing target…
Commercial Demand
Councilmembers described San Jose as the most expensive and least…
Infrastructure
A proposed statewide ballot measure could retroactively strip $98-130 million/year…
Sentiment
Property-owner and taxpayer groups voiced strong opposition to rising special…
Who Spoke (20)
On the record: the mayor, 8 councilmembers, 2 staff members, the clerk, and 4 members of the public.
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