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Developer Switches Out Office Plans for New Hotel for Silicon Valley Mixed-Use Project

Miramar Capital Retools Stevens Creek Promenade Plans
Miramar Capital's Stevens Creek Promenade in San Jose, California, will drop the proposed office space in favor of a new hotel component. (Miramar Capital)
Miramar Capital's Stevens Creek Promenade in San Jose, California, will drop the proposed office space in favor of a new hotel component. (Miramar Capital)
CoStar News
December 24, 2020 | 9:05 P.M.

A Los Angeles developer is taking an unusual step at its expansive Silicon Valley mixed-use project, and trading one beleaguered sector for another with a plan to swap out proposed office space in favor of a new hotel.

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