1440 N 1st St - 1st & Gish Properties, San Jose 2.51 Acres of Commercial Land Offered at $31,797,501 CAD in San Jose, CA 95112

Exceptional development potential in a highly visible and convenient location.
Urban Village Land Use Summary
Land Use Designation -- Urban Village
Dwelling Units per Acre -- Up to 250 DU/AC
Floor Area Ratio -- Up to 10.0 FAR
The Urban Village designation encourages high-density, mixed-use development that combines housing, employment, retail, and community services within a compact, walkable environment. It is intended to support both significant housing growth and job creation in areas with strong access to public transit and existing infrastructure.
Projects within Urban Village areas are guided by an adopted Urban Village Plan, which establishes the development standards, land use mix, design guidelines, and infrastructure improvements necessary to achieve the City of San José’s long-term growth and sustainability goals. The intent is to create vibrant, pedestrian-oriented communities that balance residential and employment uses, reduce vehicle dependency, and enhance the public realm.
Prior to the adoption of an Urban Village Plan, allowable uses are generally consistent with the Neighborhood/Community Commercial designation and may include residential, retail, office, and institutional uses. After adoption, permitted development must conform to the Urban Village Plan’s detailed land use and design framework.
The minimum residential density for projects with a significant housing component is 55 DU/AC, while mixed-use developments that integrate residential with substantial non-residential space may be developed at proportionally lower residential densities. Projects focused entirely on employment uses may also operate at lower FARs to accommodate flexible, phased development strategies.
Key Objectives:
-- Promote transit-oriented, high-density urban development that supports public transit use and walkability.
-- Integrate residential, retail, and office uses to create a complete urban neighborhood.
-- Encourage Signature Projects and innovative design that set a high standard for architectural quality and urban form.
-- Support vibrant public spaces, active street frontages, and a strong pedestrian experience.
Source: City of San José Envision San José 2040 General Plan – Chapter 5: Interconnected City (Land Use Designation).
https://www.sanjoseca.gov/home/showpublisheddocument/121586/638828345723130000