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Investors scout IBM research hub in San Jose and ponder future uses

Investors scout IBM research hub in San Jose and ponder future uses

By George Avalos
Publication Date: 2026-06-11 12:00:00

SAN JOSE — An investment group is eyeing future uses for the iconic IBM research lab in San Jose that for decades was a hub for countless game-changing scientific and tech breakthroughs.

The investors are looking at what could emerge on a small section of the IBM Almaden Research Center site while preserving as open space several hundred adjoining acres on the property, which is at 650 Harry Road in south San Jose, city files show.

“I represent a group of investors who are evaluating the best use of the currently developed portion of the property, including reuse of the existing buildings, that is consistent with the San Jose Envision 2040 General Plan and the Industrial Park Zoning District,” said Erik Schoennauer, a San Jose-based land-use and planning consultant.

Nestled in the hills above the Almaden Valley, the overall site totals roughly 687 acres, city planning files show.

The proposal seeks to change the site’s zoning designation, which at present is agricultural…

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