San Jose, CA

Hampton Inn – Downtown – San Jose, CA

San Jose is the tenth-largest city in the U.S. San Jose is the largest city within Silicon Valley, which is a major component of the greater San Francisco Bay Area, a region of 7.6 million people and the sixth largest metropolitan area in the United States. The large concentration of high-technology engineering, computer, and microprocessor companies around San Jose has led the area to be known as Silicon Valley. As the largest city in the valley, San Jose has billed itself "the capital of Silicon Valley." San Jose lists many companies with 1,000 employees or more, including the headquarters of Adobe, Altera, Brocade Communications Systems, Cadence Design Systems, Cisco Systems, eBay, Lee's Sandwiches, Sanmina-SCI, and Xilinx, as well as major facilities for Becton Dickinson, Ericsson, Hewlett-Packard, Hitachi, IBM, Kaiser Permanente and KLA Tencor. Other large companies based in San Jose include Altera, Atmel, CEVA, Cypress Semiconductor, Echelon, Integrated Device Technology, Micrel, Netgear, Novellus Systems, Oclaro, Online Trading Academy, Quantum, SunPower, Supermicro, Tessera Technologies, TiVo, Ultratech, and VeriFone. Sizable government employers include the San Jose city government, Santa Clara County, and San Jose State University. Acer's United States division has its offices in San Jose.

  • Development Agreement
  • Specific Plan

Summary:

  • Rooms:  197
  • Stories:
  • Total Acres: .54
  • Time to Obtain Approvals: 6 Months

Demand Drivers:

  • Located in the heart of Downtown San Jose, .8 mile to I-280, Right next to highway 87, 3 ½ mile to SJC
  • San Jose is home to many Fortune 500 companies, The hotel site it right next door Adobe System Inc headquarters.
  • 9.0 million total square feet of office space in local market with approximately 16% vacancy.
  • Hotel market is consistently above 80% occupancy with high average daily rate.