Rob Facchino, a developer whose family has been in the business since the Silicon Valley boom of the ’80s, is proposing more than 800 units near San Jose’s Berryessa BART station, according to documents filed with the city. Residential and a commercial building.
The site for the proposed project has been owned by the Facchino family since 1972 and is located at 1655 Berryessa Road. Plans call for a combination of up to 820 homes, apartments, apartments and townhouses. The project also includes 455,000 square feet of commercial space for office or retail tenants, and a nearly one-acre park.
Rob Facchino is applying for a permit to build on his 13-acre property with the city’s planning board, which will discuss the project at its meeting Wednesday.
The Facchino project is located a quarter mile from the Berryessa BART station in an area where other improvements are expected. fleaa historic flea market, is planned to be redeveloped into 3,450 residential units and up to 3.4 million square feet of commercial, office and retail space on a site near the station.
The Facchino family started the trucking business in 1931 near downtown San Jose. Family members ran the trucking business for about 50 years, but eventually sold it. Around 1985, after the development boom in Silicon Valley, the family turned to commercial real estate development and investment.
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The Berryessa project isn’t the only development Facchino is working on in San Jose.He and Mike LaBarbera purchased Gardens Shopping Center $17 million. Plans for one of San Jose’s oldest retail centers call for it to be redeveloped for more retail tenants and as many as 116 units of housing.
LaBarbera and Facchino are principals of Terracommercial Real Estate, “a family-owned business that currently owns and manages 16 retail and industrial properties totaling more than one million square feet,” according to its website.
