The San Jose Redevelopment Agency (SJRA, officially the Redevelopment Agency for the City of San José) was a
redevelopment agency
A redevelopment agency (RDA) is a government body dedicated to urban renewal. Typically it is a municipal level city department focused on a particular district or corridor that has become neglected or blighted (a community redevelopment agency o ...
in the
government of San Jose, California. It was created in 1956 and grew into the second-largest
tax increment financing
Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program i ...
agency in the state.
The agency's 21 development project areas covered about 16% of the city's area and accounted for a third of the jobs in the city.
It led the redevelopment of
Downtown San Jose
Downtown San Jose is the central business district of San Jose, California, San Jose, California, United States. Downtown is one of the largest tech Business cluster, clusters in Silicon Valley, as well as the cultural and political center of Sa ...
. It also cofounded the US Market Access Center and
San Jose BioCenter as joint ventures with
San Jose State University
San José State University (San Jose State or SJSU) is a Public university, public research university in San Jose, California. Established in 1857, SJSU is the List of oldest schools in California, oldest public university on the West Coast of ...
. During the 1990s and 2000s, the tightened real estate market impaired the agency's efforts to relocate businesses that were in the way of development projects such as
San Jose City Hall.
The agency was dissolved along with the state's other redevelopment agencies on February 1, 2012.
In its place, the Successor Agency to the San José Redevelopment Agency (SARA) managed the wind-down of the agency's affairs.
See also
*
Team San Jose
References
External links
*
SARA{{snd Oversight Board Successor Agency to the San José Redevelopment Agency
Urban planning in the United States
Redevelopment Agency
A redevelopment agency (RDA) is a government body dedicated to urban renewal. Typically it is a municipal level city department focused on a particular district or corridor that has become neglected or blighted (a community redevelopment agency o ...
1956 establishments in California
Government agencies established in 1956
2012 disestablishments in California
Government agencies disestablished in 2012
History of San Jose, California