San Jose — A busy South Bay entrepreneur has purchased three lots in San Jose’s Japantown.
Jordan Trigg, through an affiliate, purchased three lots on East Taylor Street near North Fifth Street, according to documents filed with the Santa Clara County Records Office on September 13.
An affiliate, Dipsomania, paid $5.2 million for the Japantown lot at E. Taylor St. 175, 181 and 193, according to county real estate records. Dipsomania is the name of the group that owns the facilities operated by Trigg.
“The business and these buildings are dilapidated and outdated,” said Trigg. “We hope to bring these traits to him into the 21st century.”
Dipsomania received a $3.4 million loan from Redwood Mortgage Investors to purchase the property in Japantown, according to county documents.
According to county records, the three lots just purchased are next to Jack’s, a bar and lounge owned by Trigg at 167 E. Taylor St. Jack’s operates out of a building leased by Trigg.
The businesses Trigg operates under the Dipsomania flag include several facilities in San Jose. 20Twenty cheese and wine bar in the city’s Willow Glen neighborhood.
According to Trigg, the 193 E. Taylor building will house a breakfast and brunch restaurant that will also serve drinks. He plans to open a new breakfast and brunch spot in 2023.
Cielo Lindo, a Mexican restaurant, previously operated at the location for many years. According to Trigg, the family who owned the property wanted to retire from the real estate business and decided to sell the lot.
Jill’s could also be the name of a future breakfast establishment, Trigg said. The name is reminiscent of Jack’s, his Trigg-owned bar just a few doors down. The combination of names would be Jack’s And Jill’s.
In the short term, Trigg hopes to find new businesses to operate on the three properties his company has just purchased.
“The idea is to revitalize this entire block,” said Trigg, a longtime Japantown resident who lives in the historic district with his wife.
Longer term, he owns three adjacent lots on East Taylor Street, so a complete redevelopment of the site with brand new buildings could be in the cards. But that’s not in the near future.
“For now, we just want to get the business in there so we can pay the bills,” Trigg said.
Trigg believes that underutilized sections of Japantown can be revitalized and revived block by block.
“We love Japantown and what’s happening here,” said Trigg. “We want to add to that.”