They forced out REI, Bed Bath & Beyond and Best Buy from the shopping center on E Charleston off of San Antonio. Now they are abandoning the project! Damn them.
I lived in Santa Clara and San Jose for 20 years. I’ve looked at the map for the abandoned “downtown west.” I think generally that area could use some redevelopment. Alas, for now it looks like Barack Obama Blvd will still pass through a forlorn area
Shopping centers are doomed. They cost too much for the profits they generate as online sales replace them. It actually makes more sense to build condos in that area. Pretty soon even E. Palo Alto will be gentrified. And one mill per unit isn’t too far out of line given the property value. Question is will it sell at the market price or will some scheme to make them “affordable” at taxpayer expense kick in..