“City officials envision thousands of new housing units, millions of square feet of new office and research spaces and additional retail, restaurants and recreation spaces — all served by BART and light rail. After nearly 10 years of planning and preparation, the first steps of the transformation of 5,000 acres in North San Jose are coming into view. The city’s economic development staff estimates that $2.8 billion worth of new projects are underway there or about to start. To encourage more projects and corporate expansions in North San Jose, city officials have slashed development fees, cut red tape for developers and are allowing higher density than was previously permitted.”
http://www.mercurynews.com/business/ci_24872622/transformation-north-san-jose-into-urban-tech-hub
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