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FUND CLOSING AT END OF 2025*

*Our Opportunity Zone Fund II ("Fund II") is scheduled to close at the end of the year. 

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GIFFORD PLACE

Multifamily* (Current Offering)

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*Currently, Gifford Place is entitled for senior housing; however, a preliminary application has been submitted to the City of San Jose to change the use to multifamily.
LOCATION
San Jose, CA
Size
278+/- Units
KEY FEATURES
Gifford Place will complement our adjacent Aquino multifamily project, serving as a mirror image on the opposite block.

PROJECT INFORMATION

  • This project continues our mission to bring much-needed housing to supply-constrained San Jose.

  • This will be our third project along San Carlos Street, between Josefa Street and Gifford Avenue, contributing to the ongoing revitalization of the neighborhood.

  • Gifford Place is located near the affluent neighborhoods of Willow Glen, Rosegarden, and Naglee Park.

GROUNDBREAKING

Urban Catalyst Groundbreaking Event in San Jose
Urban Catalyst Groundbreaking Event San Jose California
Urban Catalyst Groundbreaking Event San Jose California
Urban Catalyst Groundbreaking Event San Jose California

PROJECT TIMELINE

Gifford Place Acquired

Q2 2021
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GIFFORD PLACE GROUNDBREAKING

Q2 2022

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IN THE NEWS

The-Real-Deal-_-250x100-1
October 30, 2025
Urban Catalyst pivots from senior to market-rate housing in downtown San Jose
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The Mercury News - The Newspaper of Silicon Valley
October 29, 2025
Developer switches gears on 200-plus unit downtown San Jose housing project
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business wire logo
May 12, 2022

Urban Catalyst breaks ground on Gifford Place
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The DI Wire
JULY 6, 2021
Urban Catalyst OZ Fund to Develop Senior Living Property in Downtown San Jose
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Globe St
June 30, 2021
Delmas Senior Living Project is squarely in San Jose OZ
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The Mercury News - The Newspaper of Silicon Valley
November 5, 2019
Senior homes, memory care center, planned in downtown San Jose
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Check out all the articles about Gifford Place in our Newsroom

Want To Learn More About Gifford Place?

Contact Our Team