A San Jose business owner won’t have to scramble to make way for a transit project and lose millions of dollars in inventory after entering discussions with VTA.
Sridhar Kollareddy, owner of Silicon Valley Granite, has more time to move thousands of heavy granite slabs out of his shop after talking with VTA Tuesday about an extension to vacate the business. Kollareddy was supposed to be locked out of his San Jose business at 125 N. 30th St. last week, with only days to move per a court order siding with VTA. The transit agency will use the property for the second phase of its BART expansion project under eminent domain, a legal practice giving government entities the authority to force owners to sell properties when needed for public projects.
Kollareddy is still working out the moving timeline with VTA. The extension came after San José Spotlight first reported the situation and more than 1,000 people signed an online petition supporting the small business owner. It will likely save Kollareddy millions of dollars in inventory he would have lost if the site had been locked as planned…