SAN JOSE — Preliminary construction work is due to start within days on an affordable housing tower in downtown San Jose’s SoFA district now that the project’s development group has landed all the financing it needs to build.
On a site bordered by Market Street, William Street and First Street, Gateway Tower is expected to include 220 apartments, with 218 set aside as affordable and two as market-rate residences for property managers.
San Jose-based real estate firm The Core Cos. has teamed up with nonprofit Affordable Housing CDC through a joint venture to develop the 15-story tower…