Property deal helps launch San Jose housing development near BART

Property deal helps launch San Jose housing development near BART

SAN JOSE — A housing development planned near a San Jose BART station reached a key milestone after a homebuilder’s purchase of the site. The deal is a key step toward a project that eventually will produce 600-plus homes. KB Home South Bay paid $9.4 million to buy a site where 48 for-sale residences are slated to be built at 1655 Berryessa Rd., documents filed on Wednesday with the Santa Clara County Recorder’s Office show. The 48 residences wo…