The Synergy Report

San Jose State University now officially owns student housing tower

San Jose State University now officially owns student housing tower

San José State has completed its purchase of Spartan Village on the Paseo, a downtown student-housing complex created from the former Signia hotel’s south tower. Backed by an $89 million state housing grant, the university converted the building in under a year and added nearly 700 beds — including more than 100 affordable units — along with dining, study lounges, fitness space, and other student amenities. The site opened in 2024 and is now a permanent part of SJSU’s housing system.

Why it matters:
This is one of the region’s fastest hotel-to-housing conversions, adds real student housing capacity in a market with record rents, and brings more daily activity and spending into downtown San José.

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