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Downtown Market Leading San Jose Area in Multifamily Construction

CoStar Video: Vacancy Could Increase For a Short Time Following Project Completions
San Jose's ability to quickly absorb new multifamily construction bodes well for the projects now underway. (Getty Images)
San Jose's ability to quickly absorb new multifamily construction bodes well for the projects now underway. (Getty Images)
By Marco Cugia
CoStar Analytics
December 11, 2019 | 8:17 P.M.

Multifamily development activity has increased in downtown San Jose, with more than 1,900 units now underway. That represents a significant portion of the entire San Jose market’s under-construction inventory. These units will add to the more than 2,300 units developers have added to the downtown area since the beginning of 2015.

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