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Article: San Jose wrestles with rezoning of industrial land for housing: TURNING INDUSTRIAL LAND INTO HOUSING CAN HURT TAX BASE.
- Article from:
- San Jose Mercury News (San Jose, CA)
- Article date:
- September 9, 2007
CopyrightCOPYRIGHT 2007 San Jose Mercury News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Joshua Molina
Sep. 9--With the housing market on fire in the early part of the decade, San Jose rezoned huge portions of land set aside for jobs to build homes. Along the way, it became the 10th-largest city in the country, a distinction that brought more national prestige to the "Capital of Silicon Valley."
But the crush of new housing also has brought some less-glamorous consequences.
Since 1990, according to new figures from the city's planning department, San Jose has lost the capacity for as many as 110,000 jobs -- and converted nearly 10 percent of its industrial land to housing and other uses.
In the last three years ...