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Local Firm Grows Holdings Near Potential Google Development in Downtown San Jose, California

Urban Catalyst Makes Second Purchase Near Diridon Station
Urban Catalyst plans to develop a hotel at 491 W. San Carlos St. in San Jose, California. (Urban Catalyst)
Urban Catalyst plans to develop a hotel at 491 W. San Carlos St. in San Jose, California. (Urban Catalyst)
By Molly Armbrister
July 22, 2019 | 8:11 P.M.

Investment fund Urban Catalyst said it has purchased more property in downtown San Jose, California, in anticipation of millions of square feet of redevelopment in the area following roughly $350 million worth of property purchases by search engine company Google that could completely transform the city’s central business district.

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