Downtown San Jose hotel tower deal nears, may lead to housing highrise

SAN JOSE — A downtown San Jose hotel tower could become a housing highrise, depending on the outcome of a real estate deal that’s headed into its latter stages, according to the property’s principal owner.

The owner of the landmark Signia by Hilton San Jose, an 805-room hotel, is actively seeking a buyer for one of the two towers of the lodging complex.

Up for sale is the 264-room south tower, which would be converted to a new use. The 541-room north tower would remain a conventional hotel, said Sam Hirbod, the principal owner of the double-tower hotel complex.

Long-term lodging stays or a housing complex are among the potential

→ Continue reading at Silicon Valley

More from author

Related posts

Advertisment

Latest posts

Charlie Munger mourned in China, where he said his best investment was made | CNN Business

Hong Kong CNN  —  Chinese social media users are mourning the death of billionaire investor Charlie Munger. ...

Video: Charlie Munger dead at 99 | CNN Business

Charlie Munger dead at 99 Link Copied! ...

9 Out-of-the-Box Side Hustles to Try in 2023

Since 2018, I've celebrated the holiday with an annual roundup of some of the most creative, outside-the-box side hustle ideas and stories that have...