Swenson Selected to Develop 300-Home, 12-Acre Scotts Valley Town Center on Former Skypark Airport Site
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. San Francisco continues to clear office at the deepest discounts to 2019 basis seen in the cycle, while multifamily fundamentals have stabilized and life sciences in the Peninsula remains active. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 153rd San Francisco story tracked on the wire in October 2026. All San Francisco coverage →
- Disclosed mixed use deal value tracked in October 2026: $405.3M across 5 reported transactions. All Mixed Use coverage →
Computed from Real Estate Trail’s own tracked coverage
After more than two decades of stalled attempts, Scotts Valley has picked San Jose-based Swenson to turn the vacant former Skypark Airport into a mixed-use downtown with 300 homes, a grocery store and community gather…
External link. Real Estate Trail does not republish source content.
Related coverage — San Francisco · Mixed Use
Santana Row’s Real-Time Reels Show How Retail Landlords Are Turning Instagram Into Placemaking
Federal Realty's in-house team at San Jose's Santana Row is among four operators profiled by ICSC that have stopped using Instagram as a digital billboard and started using it to shape how shoppers see, trust and visi…
DDG Puts 40-Unit 235 Valencia Street Up for Sale in San Francisco’s Mission Dolores
Colliers has brought 235 Valencia Street to market, offering investors a five-story, 40-unit mixed-use building that DDG completed in 2021 on a former motorcycle-shop site, just as San Francisco apartment vacancy sink…
Owner-Users Drive More Than Half of San Jose Office Sales Volume as Dollar Volume Jumps 150%
Companies buying buildings for their own use accounted for more than half of San Jose office transaction volume in the 12 months through June, according to Marcus & Millichap, as deal counts rose 67 percent and dollar…
T&T Supermarket Sets Nov. 5 Opening for 50,000 SQFT Store at Acadia’s San Francisco City Center, Filling Former Best Buy Box
T&T Supermarket will open its first San Francisco store on Nov. 5 in a roughly 50,000-square-foot third-floor space at Acadia Realty Trust's City Center on Geary Boulevard, ending a nine-year vacancy that outlasted a…
Alum Rock Union School District, CORE Builders Launch 78-Unit Teacher Housing Project in East San Jose
Alum Rock Union School District, design-builder CORE Builders and architect Steinberg Hart marked the start of a 78-unit, bond-financed rental community for teachers and district staff on Oct. 16, turning a slice of d…
Downtown San Jose Office Vacancy Holds Above 27% as Silicon Valley’s Core Submarkets Tighten
While Mountain View-Los Altos, Santa Clara and Sunnyvale-Cupertino each cut office vacancy by more than 200 basis points over the past year, Downtown San Jose remains stuck above 27 percent, a gap now showing up in tr…