San Jose Stepping into Luxury High Rise Game

And we’re stepping outside our normal boundaries of San Francisco (It’s kinda scary in San Jose…don’t you think “james”?) by posting about a project going up in our tech power house neighbor town to the south.

picture provided by chasepr

-Axis is downtown San Jose’s first luxury high-rise condominium development, opening in May 2008.

-Neighbor to historic Hotel De Anza at the apex of Almaden Boulevard

-Homes will be priced from $400,000 to over $2M.

-22-story, 228 ft. tall glass and granite high-rise designed by noted architects Ankrom Moisan.

-329 spacious homes with luxury services and amenities, including floor-to-ceiling windows that provide breathtaking views of Silicon Valley.

-V.I.P. Reception Friday November 9, from 5-7…we might be there, but unlikely, and they’re opening the sales gates Saturday morning, hangover or not.

-Presentation Center open daily beginning Saturday November 10th, 11 a.m. to 6 p.m. at 38 N. Almaden Blvd. in San Jose; call (408) 297-9888; or, visit online at

What could all this high rise development possibly mean for the future of our real estate market? You’d have to think those developers are counting on a bit of a return on their investment, wouldn’t you? (And yes, we know they planned these projects a long time ago, but they’re still planning more.)

high rise development [theFrontSteps]

The Jury is in on what’s Going Up Transbay Style [theFrontSteps]

More details…read on…..

PROPERTY DETAILS: Size: 647,000 sq. ft. (508,000 sq. ft. above grade;139,000 sq. ft. below)

Lot size: 54,123 sq. ft. (1.242 acres)

Height: 228 ft. (69.5 meters)

Floors: 22

Homes: 329, a mix of studios, one-, two- and three-bedroom homes, and penthouses

Parking: Deeded parking available for all units

AMENITIES: Condos: Hardwood floors, granite counter tops, wood cabinetry, 9’-4” to 11’-4” ceilings (common and accessory areas at 8’-0”), with floor-to-ceiling windows

Communal: Lap pool, hot tub, barbeque area, community meeting rooms and fitness center.

Resident Services: 24-hour security and concierge services

RESIDENCES: A mix of 329 studios, one-, two-, and three- bedroom homes, and penthouses

Home Type Qty. Size (approx.)

Studios 17 655 sq. ft.

One bedroom 91 848 sq. ft.

One bedroom + den 51 962 sq. ft.

Two bedroom 119 1,289 sq. ft.

Two bedroom + den 18 1,306 sq. ft.

Three bedroom + den 2 1,843 sq. ft.

Two bedroom penthouse 6 1,334 sq. ft.

Three bedroom penthouse 6 1,863 sq. ft.

Three bedroom + den penthouse 4 1,779 sq. ft.

LiveWork 11 1,487 sq. ft.

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