City of San José
SJ Economy MenuDowntown San José Office Incentives
Unlock Your Company’s Potential in Downtown San José
Take advantage of incentives for new office tenants exclusive to Downtown San José
With over 11 million square feet of office space, Downtown San José is home to major companies like Adobe and Zoom, growing startups, a bustling cultural and restaurant scene, and excellent transit infrastructure.
Now it makes even more sense to open your business in Downtown following the approval of a new Downtown Office Incentive Program. It's all part of efforts to bring in fresh companies and boost foot traffic for local businesses. Here's how it works:
Program Highlights
- Free Parking for Two Years
Qualifying new office tenants are eligible for up to two years of free monthly parking for your employees at four City-owned parking garages. This helps your team access convenient parking at no cost during the critical first years.
- Business Tax Exemption
Qualifying new office tenants can receive a 100% exemption from the City’s Business Tax for the first two years.
Who Can Apply?
- New office tenants or owner-occupiers moving into Downtown San José.
- Minimum office size of 2,500 square feet.
- Minimum four-year commitment.
- Qualifying office uses include general office, research and development, administrative offices, and financial services. (Click here for information on retail incentives.)
How It Works
- Sign a Lease or Buy a Property – Secure your new office space in Downtown San José starting from Jan. 1, 2025 through Dec. 31, 2026.
- Apply – Submit your application for the Business Tax exemption and parking program (opens Jan. 1, 2025).
- Save – Enjoy up to two years of tax-free business operations and free parking.
Ready to Learn More?
Start your journey in Downtown San José today! For more details on how to apply, or to see if your business qualifies, reach out to our Office of Economic Development and Cultural Affairs team. Call 408-535-8178 or email nathan.donato-weinstein@sanjoseca.gov.
- View a PDF informational flyer about the Downtown Office Incentives program.
- View the October 2024 memo and presentation to the City Council about the Downtown San José Office Incentives program.