San José Considers Contingent Arena Hotel Developer Agreement

San José City Council is considering a contingent Exclusive Negotiation Agreement with Propertyworx LLC for housing development at the Arena Hotel property. The proposed term is three years, with two six-month extensions available at the City’s discretion if the primary respondent fails to proceed.

Document date · September 29, 2026

Track City of San Jose contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of San Jose.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Three years, with two six-month extensions at the City’s discretion

Renewal

Three-year Exclusive Negotiation Agreement with two optional six-month extensions controlled by the City; contingent on failure of the primary respondent to execute or perform its agreement.

Document type

Agenda

Source document

City of San Jose Agenda City Council Meeting 2026-10-06

Related contracts

Other contracts from Propertyworx Llc.

View all →

City of San Jose Agenda City Council Meeting 2026-10-06

City of San Jose Minutes City Council Meeting September 22, 2026

TABLED

City of San Jose, CaliforniaSep 22, 2026

City of San Jose Agenda City Council Meeting September 22, 2026

APPROVED

City of San Jose, CaliforniaSep 14, 2026

City of San Jose Agenda September 22, 2026

PENDING

City of San Jose, CaliforniaSep 14, 2026

City of San José Agenda Amended Agenda September 1, 2026

PENDING

City of San Jose, CaliforniaSep 1, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of San Jose?

Propertyworx Llc was awarded this government contract by City of San Jose, as recorded on September 29, 2026.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of San Jose Agenda City Council Meeting 2026-10-06 (Agenda), dated September 29, 2026 from City of San Jose. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Propertyworx Llc hold?

Propertyworx Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Propertyworx Llc's profile

What is City of San Jose currently buying?

Explore City of San Jose's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of San Jose's profile