San Jose officials exploring more potential Project Homekey sites

Dated: December 3 2021

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The Tully Inn is one location San Jose's mayor is potentially eyeing for a Project Homekey site. Photo by Tran Nguyen.
San Jose officials are quietly inquiring about hotels that might fit the criteria to acquire through Project Homekey funds in 2022.

Mayor Sam Liccardo recently contacted the owner of two hotels—the Quality Inn on 13th Street and the Tully Inn on Tully Road—to see if they might be a good fit for the Project Homekey program. San Jose has previously applied for funding through this state program, which makes available $2.75 billion for interim and permanent housing projects.

Dhaval Panchal, whose family owns the hotels, told San José Spotlight he spoke with city officials about two weeks ago regarding his properties in Districts 3 and 7. He said they’re interested in the properties, but said nothing about purchasing them.

“I think it’s exploratory, definitely,” Panchal said. “All I can say is everything is up in the air right now.”

There haven’t been any formal conversations about purchasing the properties, Liccardo spokesperson Rachel Davis told San José Spotlight. The city is looking for potential sites to include in the third round of Project Homekey funding, which Davis said is slated for the second half of 2022.

“We’re continuing to look for every opportunity to buy hotels to provide housing for our residents living on the street,” Davis said. “We’ve reached out to (Mr. Panchal) and will be reaching out to others as we work to meet our housing goals.”

Liccardo's office contacted the owner of the hotels through Erik Schoennauer, a land use consultant. Schoennauer disclosed the call in a lobbying report to the city and confirmed to San José Spotlight he connected the mayor's office and his client, hotel owner Panchal.

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Sharad Gupta

Real Estate Sales Leader with over 15 years of diversified experience in real estate sales, property development, and business consulting. With a keen eye to spot real estate opportunities and a natur....

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