{"id":1878,"date":"2026-06-11T22:06:52","date_gmt":"2026-06-11T22:06:52","guid":{"rendered":"https:\/\/nextcitydigest.com\/?p=1878"},"modified":"2026-06-11T22:06:52","modified_gmt":"2026-06-11T22:06:52","slug":"investors-scout-ibm-research-hub-in-san-jose-and-ponder-future-uses","status":"publish","type":"post","link":"https:\/\/nextcitydigest.com\/?p=1878","title":{"rendered":"Investors scout IBM research hub in San Jose and ponder future uses"},"content":{"rendered":"<div>\n<div>\n<p>SAN JOSE \u2014 An investment group is eyeing future uses for the iconic IBM research lab in San Jose that for decades was a hub for countless game-changing scientific and tech breakthroughs.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=1876\">Facing pushback, Trump pivots to nominate US Attorney Jay Clayton as national intelligence director<\/a><\/p>\n<p>The investors are looking at what could emerge on a small section of the IBM Almaden Research Center site while preserving as open space several hundred adjoining acres on the property, which is at 650 Harry Road in south San Jose, city files show.<\/p>\n<p>\u201cI represent a group of investors who are evaluating the best use of the currently developed portion of the property, including reuse of the existing buildings, that is consistent with the San Jose Envision 2040 General Plan and the Industrial Park Zoning District,\u201d said Erik Schoennauer, a San Jose-based land-use and planning consultant.<\/p>\n<p>Nestled in the hills above the Almaden Valley, the overall site totals roughly 687 acres, city planning files show.<\/p>\n<p>The proposal seeks to change the site\u2019s zoning designation, which at present is agricultural with a planned development overlay.<\/p>\n<p>The investors hope to shift the zoning to \u201cindustrial park\u201d for 35 acres at the site and to \u201copen space\u201d on 652 acres on the property, the city planning files show.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=1874\">Gunshots fired during Oakland catalytic converter thefts; one resident injured<\/a><\/p>\n<p>\u201cThe current zoning is an antiquated custom zoning from 1980 specifically for the IBM Research Center operation,\u201d Schoennauer said. \u201cThis application is simply a conforming rezoning to establish zoning on the property that matches the existing general plan designations of industrial park and open space.\u201d<\/p>\n<p>The zoning maneuvers have emerged in the wake of IBM\u2019s decision to shut the Almaden complex and move its researchers and workers a few miles away to IBM\u2019s Silicon Valley Lab at 555 Bailey Rd. on the edges of Coyote Valley in San Jose.<\/p>\n<div>\n<\/div>\n<p>A rezoning could produce significant long-term benefits related to the property, in Schoennauer\u2019s view.<\/p>\n<p>\u201cThis would ensure that any potential future development proposal is consistent with the long-held land use vision for the property, including retention of the 652 acres of existing open space,\u201d Schoennauer said.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=1872\">Driver charged in Oakland freeway death of good Samaritan<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An investment group is eyeing future uses for the iconic IBM research lab in San Jose that for decades was a hub for countless game-changing scientific and tech breakthroughs.<\/p>\n","protected":false},"author":1,"featured_media":1877,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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