A San Jose site where a big mixed-use project was proposed but never built amid a real estate fraud case has been foreclosed and bought.
SAN JOSE — A San Jose site where a big mixed-use housing complex was proposed but never built in the aftermath of a real estate fraud case has been foreclosed and bought.
When proposed, the 796-unit housing development on Alum Rock was expected to bring about a big expansion of economic activity in that part of east San Jose, due to the mix of residences and merchants. In 2020, an affiliate controlled by Acharya paid $9 million for three of the parcels needed for the development, although the real estate executive needed to buy several other parcels to assemble enough land for the huge project.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Single family residence in San Jose sells for $1.6 millionA 1,630-square-foot house built in 1972 has changed hands. The property located in the 1300 block of Via de Los Reyes in San Jose was sold on Aug. 18, 2023. The $1,600,000 purchase price works out …
Read more »
Google, local leaders say huge downtown San Jose village will be builtA top executive of Google owner Alphabet joined a block party this weekend, fresh evidence the tech titan aims to build a huge downtown San Jose transit village.
Read more »
San Jose: Three arrested on suspicion of attempted murder after police pursuitA San Jose shooting led to the arrests of three men on suspicion of attempted murder after a police pursuit led officers to East Palo Alto, according to authorities.
Read more »
3 suspects identified in San Jose double shooting, police chaseThree people are facing attempted murder charges following a shooting last week in Oakland that left two victims hospitalized.
Read more »
3 arrested in San Jose after shooting, police chase and discarded gunsSan Jose police arrested three men on attempted murder charges stemming from a shooting earlier this month, which preceded police chase and the suspects throwing guns out the window.
Read more »
San Jose play takes on the horror of school shootings‘This is a scourge on our nation, and it’s shameful,’ says playwright Kit Wilder on gun violence in America.
Read more »