SAN JOSE — Hundreds of affordable homes could sprout near a San Jose train station after a long-time Bay Area developer and an experienced builder of affordable homes teamed up to buy the site for the project.
Green Valley Corp., headed by veteran developer Case Swenson, joined forces with Pacific Housing Inc. to buy a triangle-shaped section of a 13-acre site at 1655 Berryessa Road in East San Jose, documents filed in Santa Clara County show.
The project is slated to produce 260 apartments, of which 257 will be affordable units. Three of the apartments will be market-rate manager’s units, a file posted by the state Treasurer’s Office shows…