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12/01/17
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A venture between Western National Group, Anchor Real Estate Capital and Fantasia Holding Group has started construction of a new 551-unit multifamily community in San Jose. The project, to be called The Platform, is located within the 120-acre Market Park San Jose master-planned community, one of the largest planned mixed-use developments in the history of San Jose.
When complete, the new multifamily project will consist of 551 units and approximately 37.5k sf of retail. The Platform is slated to deliver units in Q3 2019.
The new development will be the closest apartment community in walking distance to the new Berryessa BART transit station, according to H. Jon Paynter, Managing Director, Development, Western National Properties. The Platform will offer upscale amenities and luxury finishes, giving individuals and families not yet ready to invest in a home purchase access to a high quality of life.
The Platform will offer two resort-style pools, two fitness centers with indoor-outdoor convertible space, multiple high-end outdoor kitchen areas, a dog salon, two bike stations for maintenance and storage, and two clubhouses with indoor entertainment and gaming facilities.
The Platform is a Transportation Oriented Development (TOD), strategically situated adjacent to the planned Berryessa Bay Area Rapid Transit (BART) extension station. The station will open in June 2018 with trains arriving at the station approximately every seven and a half minutes. Employers that are easily accessible to residents of The Platform include major companies such as Adobe, Apple, Cisco, Tesla, Netflix, and San Jose State University.
In addition to The Platform, Market Park San Jose offers townhomes and a future major grocery-anchored retail center, as well as restaurants, two neighborhood parks, lush greenbelts, an on-site hiking trail, and nearly 2 msf of office space.
Located in North San Jose, the master-planned, mixed-use development is situated in close proximity to major freeways, including Highway 101, I-680, I-880, and Highway 87. The site is also in close proximity to Mineta San José International Airport, and is surrounded by multiple parks and recreational, entertainment, educational, and business points of interest.
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