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OPPORTUNITY ZONE FUND II
Now Open for Investment
Multifamily
ECHO
We’re building one of the best multi-family class A assets in all of Downtown San Jose.
Echo is a state of the art, custom-built, 388-unit apartment tower featuring an infinity pool, an indoor/outdoor fitness facility with a lounge, movie room, game room, and full kitchen, and an amazing rooftop lounge.
Highlights:
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Centrally located, just yards away from the future Bart station and near tech campuses including Google, Adobe, Zoom, and more
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High-density residential real estate with amazing amenities, helping alleviate the housing shortage in Silicon Valley
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Walking distance from tech campuses, City Hall, San Jose State University, restaurants, bars, cafes, small businesses and all downtown San Jose has to offer
Project Status:
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Received unanimous San Jose City Council approval
Multifamily*
ICON
Next to our Echo project, we have our Icon project.
Icon is a 650 +/- unit apartment tower with numerous proposed amenities. The tower will complement the adjacent Echo project and bring needed housing to downtown San Jose.
Highlights:
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A 26-story residential building, with related amenity spaces, and ground floor commercial spaces over one level of subterranean parking garage
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Located on Santa Clara Street, the main drag of the central business district, across the street from City Hall and yards away from a future BART station, this project is the definition of Transit Oriented Development
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This multifamily building is in Downtown San Jose, with forty thousand square foot floor plates, 14-foot floor heights, floor to ceiling windows, adequate parking, including 175 bicycle parking spaces, and a beautiful design
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Walking distance from City Hall, San Jose State University, restaurants, bars, cafes, small businesses and more
Project Status:
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*Currently Icon is entitled for office space, however, a preliminary application has been submitted to the City of San Jose to change the use to Multifamily
Senior Living
GIFFORD PLACE
From planning ground-up development to breaking ground, we’re proud of the progress we’ve made on our Gifford Place project.
Gifford Place is a 169-unit senior living project, the first in downtown San Jose in decades. Senior living is a massive need to address the coming wave of seniors retiring and looking for assisted living. Downtown San Jose is an urban environment with a great need for senior housing.
Highlights:
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Delivering the critical need for assisted living and memory care in the urban center of San Jose, with amazing access to Downtown San Jose's amenities and activities
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The first senior living project in downtown in decades, Gifford Place addresses the coming “gray wave” in Silicon Valley, the hottest senior living market in the country
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Located near the affluent neighborhoods of Willow Glen, Rosegarden, and Naglee Park
Project Status:
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Demolition completed and shovel ready
Marriott Hotel
KEYSTONE
Rounding out our diverse portfolio of Fund II properties is Keystone.
Keystone is a ground-up development project that will become a 176-key Marriott hotel, centrally located in downtown San Jose.
Highlights:
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Highly-coveted location: 300 yards from Google’s planned mega-campus and 3 blocks from Adobe’s Global Headquarters
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Steps away from the SAP events center (the most used events center in the country behind Madison Square Garden) and next to the largest multi-model transit hub on the West Coast: San Jose Diridon Train Station
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Keystone started vertical construction in January 2023
Project Status:
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Vertical construction in-progress
A Top-Rated Opportunity Zone Fund
Experts in Ground-Up Real Estate Development
We are a team of fund managers and real estate developers with a track record and history of successful projects in the Bay Area:
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$5+ billion in development projects
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$5.2+ billion in real estate asset acquisitions
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200+ real estate properties developed across a variety of asset classes
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Over 2,000 residential units that are now located in opportunity zones
San Jose was recently recognized by Bloomberg as the #1 region in the country poised for post-pandemic recovery. Our strong roots and connections in Downtown San Jose enable us to be a premier real estate developer in one of the country’s hottest region.
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