25-story residential high-rise will feature 339 housing units over 5,000 square feet of commercial retail space
July 26, 2021, San Jose, CA – SWENSON, a prominent Northern California real estate development company, announced it has submitted preliminary plans for a mixed-use project located at 98 South Second Street, on the corner of South Second Street and East San Fernando. The previous location of the Lawrence Hotel building and the popular drinking establishment Cinebar was severely damaged in a fire in January 2021. Current plans include demolition of the existing structures, while preserving much of the façade, and constructing a 25-story residential high-rise with 339 housing units above 5,000 square feet of commercial retail space.
The new tower will also feature a large rooftop complete with pool, spa, cabanas, and a lounge area with fire pit. SWENSON will be utilizing Landmaker, the company’s innovative patented building system, to achieve extremely high structural integrity and maximize cost effectiveness.
“Close to the university and the proposed Googleplex, this project will exemplify the past and the future of downtown San Jose by incorporating both historic and modern elements,” said Case Swenson, President and CEO of SWENSON. “We are really looking forward to getting another crane in the air.”
For over one hundred years, the Swenson family has been a dynamic partner in building Northern California. Four generations of expertise along a proven Design-Develop-Build platform have delivered an unparalleled level of creative design, quality developments and efficient construction practices. Throughout the Golden State, the wide range of real estate services by SWENSON is backed by decades of resources, referral and sound business practices that have made the storied company a respected leader.