After years of drama, delay, and dollar signs going sideways, one of downtown San Jose’s biggest housing bets is finally gearing up for a serious sales run.
The new owners of 188 West St. James, the 640-unit condo complex across from San Pedro Square, are rolling out a major push to sell off unsold homes and convert some rentals into owner-occupied units. Machine Investment Group, which controls the twin towers, has teamed up with Centurion Real Estate Partners on what amounts to a reset for a project that has been shadowed by litigation, construction headaches, and financial trouble since it opened.
The partners have kicked off an organized sales campaign with staged model units, new pricing, and refreshed amenities, according to The Mercury News. The outlet reports that studios are expected to start around $425,000, one-bedrooms in the $500,000 range, and two-bedrooms in the $900,000s, with a limited-time $1.88 million price tag applied to some penthouse units…