SPUR provides comments on the City of San Jose proposed extension of the downtown high-rise incentive program

Policy Letter

SPUR supports staff recommendation to extend the downtown high-rise incentive program until 2023.  While we believe that downtown must have a large concentration of jobs to support transit, it is also important to maximize the potential of high-rise residential development downtown. This program helps ease the financial burden due to the cost of construction and land to help spur greater development in the urban core.