New Mixed-Use Development Proposed for Berryessa BART Station Site

Berryessa BART, Facchino, Market Park, KTGY, KRP, San Jose
A proposed site plan courtesy of KTGY, KRP

By Meghan Hall

A family-owned property near the Berryessa BART Station in San Jose could see big changes in the coming years if current ownership is able to execute on their vision. According to recent documents submitted to the City of San Jose, the Facchino Family is looking to redevelop part of its property sizeable mixed-use, transit-oriented project. The Facchino family has been operating businesses in Silicon Valley since the 1930s and has owned the current project site for more than fifty years.

The property is currently undeveloped and located at 1655 Berryessa Road. Preliminary plans for the project site indicate that the property could be redeveloped into 200,000 square feet of office and 320 residential units. Plans indicate that residential units would be both designated market rate and affordable. A potential mix of studios, one-, two- and three- bedrooms could be planned and range in size from around 600 to up to 1,500 square feet.

“The project is well suited for this location because it makes sense to place high-density housing and employment within easy walking distance of the new Berryessa BART Station and the new Market Park Retail Center that is under construction and anchored by a new Safeway, CVS, and Chase Bank,” explained Erik Schoennauer, a local land use consultant. “The new neighborhood will have great outdoor recreation with neighborhood parks, urban plazas, and creek trails.”

Schoennauer, along with Ralph Borelli a local real estate broker and developer, are representing the Facchinos as they work to redevelop and market the site. In all, the property totals 13 acres. KTGY and KRP Architects have been recruited for both land planning and architecture.

However, should the Facchino family chooses, the project could include up to 480,000 square feet of commercial and 850 residential units, per the current Berryessa BART Urban Village Plan.

The Facchinos first purchased the property in 1972, about a decade before the family pivoted from the trucking industry to commercial real estate development and investment in the 1980s as Silicon Valley boomed. The Berryessa BART Urban Village, within which the Facchino’s project site is located, is classified as a transition zone between suburban residential development to the north and industrial development to the south and west. The area is classified with 1950s era residential development low-intensity industrial. The majority of the district is owned by the VTA.

It is not immediately clear how much the Facchino Family would sell their property for. Analysis by the City of San Jose indicates that lots under development sold for $26 per square foot as of 2018, while new developed properties could sell for more than $200 per square foot.

The property is also extremely well located, within a few minutes’ walk of San Jose’s sole BART station, as well as Market Park San Jose, a 101,000 square foot retail development. The project is anchored by Safeway, CVS Pharmacy and Chase Bank. When fully built out, Market Park will include 4,450 residential units, five office towers and 12 acres of community parks.

The project team for 1655 Berryessa worked closely with City officials to design zoning changes that will accommodate development and fit within the Berryessa BART Urban Village Plan. Plans for the site are currently being solidified as the team readies to submit for entitlements and project approvals.

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