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New Tech Complex to Takeover Site of Foreclosed Housing Project

Summary by San Francisco YIMBY
A site in downtown San Jose could become a new AI research and development center, with elements of both data center and office laboratory. Arena Investors seized the property at 199 Bassett Street after a foreclosure in 2022, and are now floating a proposal for the development of an eight story tech hub.
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San Francisco YIMBY broke the news in on Tuesday, June 3, 2025.
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