Real Estate

State Grants to Aid Conversion of Hotel for the Homeless in Mountain View

Santa Clara County will receive $16.7 million to buy and convert the Crestview Hotel in Mountain View into 48 housing units for chronically homeless residents, homeless youth and young people at risk of becoming homeless. The county has already approved spending roughly $23 million on the project in addition to the state funding, which means each apartment unit will cost approximately $827,000. 

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San Jose’s Newest, Tallest Buildings Win Golden Nail Award

The new 28-story mixed-use residential project will eventually have an estimated 1,000 residents in 630 units, one of a number of new buildings praised by the San Jose Downtown Association at its annual meeting as contributing to a new “really distinct skyline” for San Jose.

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