Downtown San Jose economy could benefit from new hotel tower uses

SAN JOSE — The potential purchase of one of the two landmark towers of the Signia by Hilton San Jose might provide a big boost to the local economy by bringing more visitors to downtown San Jose, experts say.

One of the two towers of the 805-room Signia, a double high-rise that formerly housed the Fairmont Hotel in the city’s downtown district, is being offered for sale, according to the hotel’s property owner Sam Hirbod and a marketing brochure by JLL, a commercial real estate firm.

The 264-room southern hotel tower is being offered for sale, with a possible conversion to corporate or quasi-residential stays that would be of longer

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