A regional transit agency’s pursuit of an information office for future BART stations in downtown San Jose is poised to displace two long-time merchants in a prime location.
The Santa Clara Valley Transportation Authority has struck a deal to lease space on the ground floor of 2 North Market St. in San Jose, which is at one of the busy intersections in the city’s downtown.
Umbrella Salon will cease operations at the corner of North Market Street and West Santa Clara Street on Christmas Day.Starting Monday, Dec. 26, Umbrella’s salon services will resume at Ivo Salon, 1725 S. Bascom Ave. in Campbell. “As tenuous as downtown San Jose is in a post-COVID world, displacing two viable tenants downtown is disappointing,” said Bob Staedler, principal executive with Silicon Valley Synergy, a land-use consultancy. “Umbrella Salon and Erik’s DeliCafe really provided activation for that corner.”
The business tenants that potentially would be displaced if the VTA completes its quest to take ownership of the parcels include Enso Bar and Nightclub, Mexico Bakery, and 3rd and Bourbon restaurant. Residential tenants will be obliged to find new homes. Ultimately, it’s up to a private property owner to determine whether it prefers to lease space to a new tenant or to extend the lease of an existing tenant. This news organization requested comment regarding the situation from Madrone Ventures CEO Tamara Current, Madrone vice president of real estate Jared Gamelin and a broker with a leasing sign on the building, Doug Yoder.
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