Energy company that's raised billions buys key downtown San Jose site

SAN JOSE — A big energy company from the Midwest has bought a prime plot of empty downtown San Jose land that once was slated to be the site of a m...

May 23, 2023
8:26 PM

SAN JOSE — A big energy company from the Midwest has bought a prime plot of empty downtown San Jose land that once was slated to be the site of a mixed-use village of homes and offices. LS Power, operating through an affiliate, bought a 9.8-acre site near the corner of Coleman Avenue and Santa Teresa Street in downtown San Jose, Santa Clara County real estate records show. Load Error The affiliate, LS Power Grid California, paid $56.5 million for the land, which is adjacent to a PG&E power station that is located at 260 Coleman Avenue, according to public documents that were filed on May 22.

George Avalos