San Jose State University is talks to buy a downtown San Jose hotel tower that could become student housing.
SAN JOSE — San Jose State University is engaged in talks to enable the school to buy a prominent downtown San Jose hotel tower that the college could convert to student housing.
Sam Hirbod, the principal executive of the group that owns the Signia Hilton in downtown San Jose, had confirmed in April of this year that discussions were underway with a potential buyer for the southern tower. The university would convert the highrise to SJSU student housing once the deal is completed, according to the sources.
The attempts to find an alternative use for a section of the Signia Hilton arrive at a time when hotel occupancy levels in downtown San Jose lodging facilities have eroded as a result of the economic woes unleashed by the coronavirus outbreak.
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