The
San José-Evergreen Community College District ("District") plans to
develop 27 acres of surplus land for an annual income of $1.5 Million deposited into the district
general fund.
Current
proposal
“The San José-Evergreen Community College District
("District") intends to enter into a long term ground lease with a
developer for the approximately 27 acres of land adjacent to Evergreen Valley
College ("Surplus Land"). The Surplus Land includes the old District
Office site, the existing Police Academy as well as land which is currently not
improved. The Surplus Land is adjacent to San Felipe Road and Yerba Buena Road.
It is expected that the selected developer will, at its own cost, obtain land
use entitlements for the Surplus Land and construct a mixed use project which
will probably include, among other uses, multi-family rental housing and retail
space. The selected developer will pay a substantial amount of rent to the
District. Our goal is to ensure that there are additional
(financial) resources, especially during
economic downturns, to help our students achieve greater success.”
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