Canoas Terrace

 

 
 
       
Built on a surplus freeway right-of-way, and purchased at a price that was 50% below market, this Mediterranean-style complex provides its residents with private patios, extensive community space, barbecue areas and tot lots. One of the last family developments in San José to receive 9% Tax Credits, Canoas Terrace is adjacent to a light rail station and is conveniently locate near shopping and services.  
       
       
Completed:   1997-98  
Location:   420 Sands Drive and Canoas Garden Aveneue  
Unit Mix:   45 VLI/67 LI  
Unit per Acre:   42.4  
Developer:   Community Housing Developers, Inc.  
Architect:   Hardison, Komatsu, Ivelech & Tucker  
General Contractor:   C. Overaa & Compnay  
Property Manager:   Insignia Management Group  
Financing:   City of San José - $2,750,603;  
    Other Partners - $15,517,000  
 
Total Funding:   $18,267,603