Downtown San Jose land bought, cleared by Google still undeveloped

Brasil Notícia Notícia

Downtown San Jose land bought, cleared by Google still undeveloped
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 KPIXtv
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

Almost two years after tech giant Google spent millions buying up land in Downtown San Jose for a massive building project, the South Bay city center remains covered in empty lots.

Jay Meduri still hasn't re-opened his popular Poor House Bistro restaurant more than a year after he relocated it to San Jose's Little Italy neighborhood because it stood in the way of Google's development.

Only the sign out front remains at the restaurant's old location. The lot sits behind cyclone fencing-vacant-just like the acres of other properties Google bought in the city's core."We're seeing commercial slowdown in this market. With interest rates being where they are and companies taking a pause in hiring and even layoffs at some companies. It just doesn't make a lot of sense to build new commercial right now and we've been through this many times," Mahan said.

To Google, it's a 10-to-30-year project. But the company has not yet determined when the next phase will begin.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

KPIXtv /  🏆 443. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Michelin honors 19 Bay Area restaurants as ‘new discoveries’Michelin honors 19 Bay Area restaurants as ‘new discoveries’List includes San Jose, Oakland, San Mateo, El Granada, Napa, San Francisco finds
Consulte Mais informação »

Big networking and tech firm signs downtown San Jose office leaseBig networking and tech firm signs downtown San Jose office leaseA big telecommunications networking and tech company has leased space in a downtown San Jose office highrise.
Consulte Mais informação »

San Francisco fire sale: downtown high rise selling at a 73% discountSan Francisco fire sale: downtown high rise selling at a 73% discountA high rise office building in San Francisco's financial district is being sold for significantly lower than what it had been valued at a few years ago, the San Francisco Business Times reported.
Consulte Mais informação »

San Jose Residents May Experience More Severe Allergies Than in Other Areas: DoctorSan Jose Residents May Experience More Severe Allergies Than in Other Areas: DoctorA doctor who checks the Bay Area pollen count every week says that people living in San Jose are likely to suffer more from allergy symptoms than those living on the Peninsula and in San Francisco.
Consulte Mais informação »

Mountain View police arrest San Jose teen after carjacking at knifepointMountain View police arrest San Jose teen after carjacking at knifepointA 16-year-old from San Jose who carjacked a vehicle at knifepoint was arrested after he tried to flee from police, lost control of the car and crashed, Mountain View police said.
Consulte Mais informação »

San Jose Police Arrest Student Armed With Gun at Willow Glen High SchoolSan Jose Police Arrest Student Armed With Gun at Willow Glen High SchoolSan Jose police on Wednesday arrested a student armed with a gun and knife on the campus of Willow Glen High School, according to SJPD.
Consulte Mais informação »



Render Time: 2025-02-26 08:35:49