Borelli Investment Company Spearheading Leasing at Market Park Retail Center
Market Park San Jose has named Borelli Investment Company to handle leasing at its stunning, modern 101,000 sq. ft. retail center in North San Jose.
The Safeway-anchored shopping center is nearing completion in the heart of the 120-acre, $3 billion transit-oriented community, which is integrated with the Berryessa BART station. The various stores, shops and restaurants will begin serving customers this coming March.
Carbon Health lands $100M to open 1,500 clinics nationwide by 2025
Carbon Health is a fast-growing San Francisco-based health care technology startup that offers primary and urgent care services at brick-and-mortar clinics as well as an AI-driven technology platform, which includes a suite of digital tools and telemedicine capabilities.
Carbon Health has seen tremendous growth this year, expanding from seven clinics in the Bay Area to 27 across six states, growing its workforce by eight times — from 100 employees to 800 — and increasing patient volume by sixfold.
-Story by: Brian Rinker, San Francisco Business Times, Nov 10, 2020
Carbon Health raises $100 million with plans to expand pop-up clinics ahead of COVID-19 vaccination programs
Carbon Health has raised a $100 million Series C funding round, led by Dragoneer Investment Group and including participation from prior investors Brookfield Technology Partners, DCVC and Builders VC.
This funding will be used to help the SF-based healthcare provider startup continue to expand its nationwide footprint, including with the opening of 100 pop-up clinics planned for 20 markets across the U.S.
Story By: Darrell Etherington, techcrunch.com, November, 10, 2020
Carbon Health Signs Lease for New Clinic at Market Park San Jose
Carbon Health has leased approximately 2,650 sq. ft. of space for a new primary care clinic at Market Park San Jose — a 120-acre, $3 billion transit-oriented development integrated seamlessly with the newly opened Berryessa BART station in North San Jose.
The medical office will be located in a 101,000 sq. ft. retail center anchored by Safeway in the community’s North Village. In addition to a next-generation 65,000 sq. ft. Safeway store and micro-fulfillment center, other tenants include a 1,370 sq. ft. Safeway Fuel station and convenience store, 13,100 sq. ft. CVS pharmacy, and a 4,000 sq. ft. Chase Bank branch.
Parking limits, new freeway interchange eyed for Market Park project in North San Jose
New documents filed with the city reveal more details about the massive project that is intended to replace the current home of the San Jose Flea Market.
Earlier this week, the Business Journal took a look at two big things about the next phase of Market Park in North San Jose, the city’s largest under-construction development. The project encompasses a 61.5-acre swath of land that’s the site of the longstanding San Jose Flea Market, owned by the Bumb family.
—Story by Matthew Niksa, Silicon Valley Business Journal, October 9 2020
North SJ’s Market Park could have thousands of homes, millions of square feet of commercial space in its next phase.
The Market Park team is looking to rezone the 61.5-acre site of the existing San Jose Flea Market to allow for more development. Here’s what they have in mind.
On more than 58 acres of land north of Berryessa Road, known as Market
Park’s “North Village,” Borelli Investment Co., Western National Group and
KB Home have completed or are constructing 1,000 townhomes, singlefamily
homes and apartment units as well as 118,580 square feet of
commercial uses, according to the draft environmental impact report. A
shopping center, 233 apartment units and two public parks are all slated for
completion by the first quarter of 2021.
—Story by Matthew Niksa, Silicon Valley Business Journal, October 7 2020
More housing, less parking, please.
A dozen organizations call for changes to San Jose’s largest under-construction project
A letter by these organizations that outlines their priorities for the $2.5 billion development is mainly focused on 63 acres of land south of Berryessa Road, which divides the project’s north and south parts.
—Story by Matthew Niksa, Silicon Valley Business Journal, July 14 2020
The Future has Rolled in at the Berryessa Bart Station
High Tech Leaders Who Can’t Wait a Decade to Move to San Jose Can Hop Aboard Market Park San Jose at Berryessa BART…Today!
Last fall, the disappointing news broke — BART’s extension to downtown San Jose is delayed again…to 2030, or possibly well beyond.
“BART’s arrival beneath downtown San Jose, once set for 2026 and now pegged out as far as 2030, will be recalculated again once engineers get deeper into the design process.”
—Story by Jody Meacham, Silicon Valley Business Journal, Sept. 27, 2019
Market Park San Jose Capitalizes on Clear Trend Away from the Automobile
Wall Street Journal Article Sees America Putting the Brakes on its Driving Love Affair
Data doesn’t lie. Americans are driving less, and especially in densely populated, traffic-choked urban areas such as Silicon Valley, we’re enjoying it less as well.
According to a December 24th article in The Wall Street Journal, “America’s Love Affair With Driving Takes a Back Seat,” drivers aged 16 – 34 in 2017 drove nearly 25% fewer miles in 2017 compared with drivers of the same ages in 2001. There were also fewer commute trips than in any year since 1990, and the number of trips for shopping, socializing and enjoying recreational activities declined as well.
Market Park Retail Center Groundbreaking Promises Needed Services to Berryessa
In 2020, the first BART train will glide into Berryessa Station — extending BART service to the technology-rich Silicon Valley. As passengers depart, they will be at the front entrance to Market Park San Jose — at 120 acres and $3 billion, the largest transit-oriented development in the valley and one of the biggest in the state.
With more than 1,000 residential units already in place, the next phase of development at Market Park has now begun with the groundbreaking of a 101,000 sq. ft. retail center anchored by Safeway in the North Village.Read More
Soon-To-Come Berryessa BART Station Sparks $2.5B Neighborhood Transformation
KPIX 5, October, 2019
When BART trains roll into San Jose, a lot of housing, retail shops and high rise buildings are coming with them. It’s part of a transformation of the Berryessa neighborhood around the new BART station.
“It will bring retail, housing, jobs all on a transit corridor. It’s the biggest project in San Jose right now,” said Ralph Borelli, the project developer.Watch
Shopping center will soon break ground at site of huge San Jose mixed-use center
Silicon Valley Business Journal, October, 2019
The developers of a $2.5 billion mixed-use project adjacent to the Berryessa BART station will on Monday break ground on a shopping center at the project’s north side that will be anchored by a Safeway grocery store and a CVS Pharmacy.Read More
5 things to know about San Jose’s massive Market Park project
Silicon Valley Business Journal, June 2019
The new No. 1 construction project in Silicon Valley is Market Park, a $3 billion mixed-use center currently being built in northeast San Jose.Read More
New South Bay BART Station Transforms Neighborhood In San Jose
“We’ve got a thousand units that are vertical now,” said Ralph Borelli, a San Jose developer who has been working on plans to transform the San Jose Flea Market property into a new urban village.
The property sits adjacent to the Berryessa BART station, which is scheduled to begin train service to San Jose in December.Read More
The New York Times Confirms It: Big Tech Is Alive and Well in Silicon Valley
Looking for business trends in 2019? You need look no further than a New York Times article headlined “Big Tech May Look Troubled, but It’s Just Getting Started,” which ran on the first day of the new year.Read More
Mega jobs hub, huge office complex, hundreds of homes, eyed at San Jose BART site
The Mercury News | By George Avalos | September 25, 2018
SAN JOSE — Developers have proposed a transit village near the Berryessa BART Station in San Jose that would transform a local flea market into a mega-hub for jobs and high-density housing with millions of square feet of offices and thousands of residential units.Read More
San Jose BART transit village lands Safeway retail anchor.
The Mercury News | By George Avalos | July 19, 2018
SAN JOSE — A transit village in San Jose’s Berryessa district that has begun to emerge near a future BART stop has landed a Safeway supermarket as an anchor tenant, a vital piece to the mixed-use development.Read More
San Jose Berryessa transit village pushes forward near BART station.
The Mercury News | By George Avalos |
SAN JOSE — The developers of a transit village next to San Jose’s first BART station say they are pushing forward with more intense densities and have unveiled new visions of how the ambitious Berryessa district development might appear.Read More
Western National to Develop 551-Unit Multifamily Community in San Jose.
The Registry | November 29
SAN JOSE, Calif. (November 29, 2017) – Western National Group, a fully-integrated multifamily acquisition, development, construction and property management firm, in partnership with Anchor Real Estate Capital and Fantasia Holding Group, has announced the start of construction of a new 551-unit multifamily community located within the Market Park San Josemaster-planned community. The 120-acre Market Park is one of the largest planned mixed-use developments in the history of San Jose, California.Read More
Berryessa BART sparks transit village plans at flea market.
The Mercury News | By George Avalos |
SAN JOSE — The future Berryessa BART station in San Jose has sparked plans for a full-fledged transit village where 10,000 or more office workers could be employed and walk, cycle, or speed to their jobs on the rapid-transit line.Read More
East San Jose BART Station Construction Moves Forward.
Milpitas Patch | By Dave Colby |
SAN JOSE – Construction has progressed at a parking structure for a future BART station in East San Jose, Santa Clara Valley Transportation Authority officials said Friday.Read More
BART Creating Communities Around Transit Stations.
The Registry | By David Goll | April 27, 2015
During his long tenure at the Bay Area Rapid Transit district, John Rennels said he has never seen so much activity focused on transit-oriented development as he does today.Read More