New proposal aims to revitalize empty retail spaces in downtown San Jose
A new proposal aims to transform empty retail spaces in downtown San Jose into vibrant areas with restaurants, shops, and entertainment. Hines, a major real estate firm, plans to revamp three blocks near 150 South First Street. The project, called Paseo Place, focuses on enhancing pedestrian engagement and creating inviting outdoor dining areas. It seeks to connect San Jose State University with the downtown area and attract new businesses. Hines purchased the property in 2021 for $59.6 million. The proposal aims to energize the area with dynamic storefronts and outdoor seating, contributing to the revitalization of downtown San Jose.