Reviving The Paseo

February 14, 2022 | Erik Hayden | Urban Catalyst

In the article titled, “The promise of the Paseo: What Urban Catalyst is up to in Downtown San Jose,” we take front and center as we walk the reporter through the project. We also go into all the other good things we’re doing or have planned in downtown San Jose, reinforcing the integral role we’re playing in the ongoing revival in downtown.

“Urban Catalyst stands out from other development firms working in San Jose in a significant way. It’s one of only two local developers taking advantage of a federal measure passed in 2017 that created what are called Opportunity Zones.” – Silicon Valley Business Journal – 

The article further noted:“Besides producing a return on their investments, one of Hayden and Burroughs’ primary goals is to help build a thriving community Downtown. To achieve that, they say, they need to draw more people to San Jose’s center. 

What I also said is: “the only thing that’s gonna bring the Downtown retail scene back is human beings in Downtown. That’s what’s going to generate the vibrancy of the ground floor retail and change the perception of what people see as Downtown San Jose.”

“Urban Catalyst isn’t like the national “megadevelopers”… (Erik and Josh) are focused on fully financing their projects. Between money raised through the opportunity fund and debt, they expect to spend nearly $2 billion downtown.”

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To learn more about Paseo and our Fund II projects, visit our projects page HERE.