Homebuilder Buys Site for 600-Plus Homes Near San Jose BART Station

KB Home South Bay purchases 13-acre property for townhomes and single-family homes near Berryessa BART stop.

Feb. 4, 2026 at 5:55pm

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A major housing development planned near the Berryessa BART station in San Jose has reached a key milestone, with homebuilder KB Home South Bay purchasing a 13-acre site where it will construct 48 for-sale townhomes and single-family homes. The overall development site will eventually include over 600 homes, including 260 affordable apartment units and 338 market-rate apartments.

Why it matters

This project represents a significant investment in transit-oriented housing near one of San Jose's only BART stations, helping to address the region's housing shortage and providing new homes within walking distance of public transportation. The mix of affordable and market-rate units also reflects the city's efforts to promote inclusive development.

The details

KB Home South Bay paid $9.4 million to acquire the 13-acre site, where it plans to build 24 townhomes and 24 single-family detached homes. The overall development site will also include 260 affordable apartment units built by Swenson, a Bay Area real estate firm, as well as 338 market-rate apartment units. The for-sale homes are expected to become available starting in 2027.

  • KB Home South Bay purchased the 13-acre site on February 4, 2026.
  • The for-sale townhomes and single-family homes are expected to be available starting in 2027.

The players

KB Home South Bay

A homebuilder that has purchased a 13-acre site near the Berryessa BART station in San Jose to construct 48 for-sale townhomes and single-family homes.

Swenson

A Bay Area real estate firm that is expected to build 260 affordable apartment units as part of the overall development near the Berryessa BART station.

Facchino family

The current owners of the unsold portions of the 13-acre development site, who are expected to sell the other sections to the eventual developers.

Ralph Borelli

A commercial real estate executive who is a consultant for the Facchino family, the sellers of the property.

Erik Schoennauer

A land-use and planning consultant who helped guide the project through the city's planning review process.

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What they’re saying

“This is an important step. You will see hundreds of homes built here that will be within walking distance to BART.”

— Ralph Borelli, Commercial real estate executive and consultant for the Facchino family

“This will create all the infrastructure needed for all of the housing that will be built on this site.”

— Erik Schoennauer, Land-use and planning consultant

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This project near the Berryessa BART station represents a significant investment in transit-oriented housing in San Jose, helping to address the region's housing shortage and promote inclusive development with a mix of affordable and market-rate units.