Developers plan six-story assisted care facility near Valley Medical Center
A proposed six-story private residential care facility near Valley Medical Center is the latest senior housing project planned along South Bascom Avenue.
Alliance Residential, which specializes in property development, management and investment, recently applied to build the 165-unit building across from the Bascom Branch Library at 1015 S. Bascom.
Weeds and debris currently cover the vacant 1.43-acre parcel sandwiched between two nondescript strip malls. Alliance wants to build one- and two-bedroom units, 5,171 square feet of ground commercial space and one level of underground parking.
The project is Alliance’s most recent in San Jose; last year it applied to construct another assisted living facility at 4606 Almaden Expressway. Like that one, Alliance’s newest facility would also offer residents three meals a day and snacks, house cleaning, transportation, medical care and any other services needed.
The project would add about 85 new jobs to the local economy, according to Peter Solar, Alliance’s Northern California managing director.
The busy South Bascom Avenue corridor and surrounding area has recently become a hot spot for developers seeking to build housing for San Jose’s growing senior population, starting with a private facility for up to 92 residents that opened last fall on Thornton Way.
The number of San Jose residents who are 65 or older is expected to reach 310,000 by 2040, according to the city’s general plan. To help meet the demand to house them, the San Jose City Council approved a $9 million loan in June for a $42 million affordable senior housing complex down the street at Leigh Avenue and Southwest Expressway. That building is expected to include about 63 one-bedroom apartments as well as ground-floor retail and office space.
The project site’s proximity to public transit, medical care and other amenities align with the city’s goal of providing a pedestrian-oriented environment for its elderly residents. Planning department project manager Robert Rivera told the Resident he hasn’t thoroughly reviewed the plans yet, but “as far as what I can see, it’s a little too high up on the rear property line.”
That shouldn’t be a big deal, Rivera said, adding that it “might have to be stepped down just so it doesn’t impact the surrounding (residential) area” of mostly single-story homes.
The San Jose Planning Commission was to review the proposal at its Nov. 8 meeting, after the Resident’s production deadline.
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