Houston-based Belmont Village Senior Living plans to build a four-story assisted living and memory care building in San Jose.
Mercury News reports that the new building would be built at the corner of Union Avenue and Los Gatos-Almaden Rd. on a five-acre property owned by the Union School District and borders Los Gatos. The school district could lease a 3.3-acre section of the parcel for up to 75 years for the senior facility.
The senior care facility would contain between 150 and 160 rental units ranging from 500 to 600 sq. ft., as well as studios of about 350 sq. ft.
Andy Gerber, Belmont Village’s vice president of acquisition and investment, said that the property is currently zoned for single family homes. He plans to submit a rezoning application to the city.
Construction could begin early 2020, according to Gerber. He estimated that the project would take 16 to 18 months.
