Erik Hayden, a Bay Area real estate executive who is one of the busiest developers in downtown San Jose, recently opened a new 176-room Marriott TownePlace Suites hotel on West San Carlos Street, and landed $112.5 million in construction financing for a nearby 278-unit apartment complex known as Aquino that will have an overall project cost of $135 million.
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Hayden, founder and managing partner with Urban Catalyst, recently spoke to BANG about his views on downtown San Jose; the development potential of Google’s proposed mixed-use neighborhood, Downtown West; and the overall condition of the Bay Area real estate market at a time of elevated costs and high interest rates.
This interview has been edited for length and clarity.
Q: What’s your assessment of downtown San Jos

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