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Developer Secures Financing To Build Gateway Paseo Office and Retail Complex in San Jose

Urban Catalyst's Opportunity Zone Fund Backing Redevelopment of Former Camera 12 Theater Complex
The Paseo project is the first of six Urban Catalyst plans to begin construction on this year. (Credit: Hammel, Green and Abrahamson)
The Paseo project is the first of six Urban Catalyst plans to begin construction on this year. (Credit: Hammel, Green and Abrahamson)
By Greer Pruitt
CoStar Research
September 2, 2021 | 7:43 P.M.

Urban Catalyst, a development firm focused on ground-up projects in downtown San Jose, announced it has secured a senior construction loan and pulled a building permit as part of its plan to convert the shuttered Camera 12 theater into 100,000 square feet of mixed-use office and retail space.

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