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Urban Catalyst team at construction site
Erik HaydenNov 18, 2021 10:39:32 AM5 min read

New Restaurant Row gets first tenant: Urban Putt

Steve Fox and Erik Hayden shaking hands
Steve Fox, Urban Putt Founder (left) and Erik Hayden Urban Catalyst Founder (right) at our project Paseo the site of the new 

From the start, Urban Catalyst has been committed to playing a big role in the revitalization of downtown San Jose. We continue to make downtown a destination in and of itself for people throughout the Bay Area and beyond.

We were thrilled to announce that Urban Putt has signed a lease for Paseo, one of six ground-up projects we are developing with funds raised from our Fund I. Urban Putt is a restaurant/bar featuring indoor miniature golf. The existing locations--in San Francisco and Denver--get stellar reviews from visitors, and we expect the same once they open shop here.

This is exactly the kind of business that can draw big crowds.

In addition to garnering coverage in The Mercury News and Silicon Valley Business Journal, the Urban Putt news was welcomed by some members of the Reddit community.

“Sick. I've been to both the Denver and SF locations and they were great. A+ minigolf,” one person wrote. Another remarked that “mini-golf is fun and provides something to do that isn't just watching a movie or getting buzzed.” Another simply said: “Sounds amazing.”

Urban Catalyst team at construction siteSteve Fox, Urban Putt Founder, with the Urban Catalyst Development team

Our Paseo project involves transforming the long-dormant Camera 12 theater into retail and business space along the Paseo de San Antonio. We have lots more in store for Paseo, and plan to make additional announcements soon. Stay tuned.

Contact us today to learn more about our FUND II. Just a reminder that the potential 10% reduction of capital gains taxes disappears on Jan. 1, 2022.

 

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- Investing in opportunity zones is speculative. Opportunity zones are newly formed entities with no operating history. There is no assurance of investment return, property appreciation, or profits. The ability to resell the fund’s underlying investment properties or businesses is not guaranteed. Investing in opportunity zone funds may involve a higher level of risk than investing in other established real estate offerings.
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Erik Hayden

Responsible for developing more than $3.5 billion in real estate projects, including over 2,300 residential units in the California Bay Area, Mr. Hayden has experience in acquisition, contract negotiation, due diligence, risk assessment, financing, construction, and disposition of multifamily, single family and large mixed-use and master planned developments. He maintains relationships with a broad network of property owners, enabling him to identify and acquire prime investments. Mr. Hayden also has expertise in navigating projects through the entitlement process by working with elected officials, community groups, and political organizations to gain support and get projects approved.

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