City Council, December 8, 2025
Votes on Cost of Residential Development Study Presentation
What happened
This San Jose City Council study session examined the cost of residential development, finding that townhomes and stacked flats are currently market feasible while rental multifamily projects (podium, wrap, tower) are not penciling due to San Jose's lower rents compared to neighb…
- Jurisdiction
- San Jose, CA
- Governing body
- Final authority
- Date
- December 8, 2025
- Decisions
- 1 zoning decision
- Outcome
- Voted
Free sample: decision 1 of 1
Cost of Residential Development Study Presentation
Staff and consultants presented comprehensive analysis of market rate and affordable housing development costs. Key findings: townhomes/stacked flats are feasible under current conditions; rental podium/wrap/tower projects show negative residual land values; San Jose rents are 20-30% lower than...
Meeting Summary
This San Jose City Council study session examined the cost of residential development, finding that townhomes and stacked flats are currently market feasible while rental multifamily projects (podium, wrap, tower) are not penciling due to San Jose's lower rents compared to neighb…
Key Decisions (1)
Cost of Residential Development Study Presentation
Development Activity (4)
Urban Catalyst Downtown Projects
Residential
AlphaX Infill Projects
Residential
VTA Capital Station
Residential
East Santa Clara Avenue Senior Housing
Residential
Market Signals (6)
Housing Demand
San Jose entitled 21,993 multifamily units between 2020-2024 but only…
Commercial Demand
AI companies are leasing millions of square feet in neighboring…
Sentiment
Recent rental project foreclosures in San Jose show projects built…
Meeting Intelligence Preview
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