San Jose — An $88 million luxury apartment complex with ground-floor retail space has opened in downtown’s trendy SoFA (South of First Area) district.

Known as The Pierce — and billed as a “luxury rental community” — the mixed-use development has 232 residences, including studios, one- and two-bedroom apartments, as well as two-bedroom and two-bath townhomes. Rents range from $2,200 to $5,647 a month.

Aimed at the millennial tech crowd, its amenities include an outdoor pool, private patio with barbecue, full gym, club room, catering kitchen and a lobby with works by neighborhood artists, curated by a local art gallery.

The complex “raises the ‘cool’ factor of our city and will serve as an anchor for our downtown’s southern edge,” Mayor Sam Liccardo said in a written statement, prior to the Pierce’s grand opening Wednesday.

Designed by Steinberg Architects and developed by the Sares Regis Group of Northern California, the development has 4,300 square feet of retail space and features a rooftop installation of thousands of LED lights that will be visible to drivers on Interstate 280 — and to passengers on flights coming in and out of Mineta San Jose International Airport.

Related Articles Map: Interactive light displays, downtown San Jose Dubbed the Voxel Cloud, the 3-D light sculpture is part of the Illuminating Downtown Project (IDP) grant program to enhance the downtown cityscape with installations that join art and technology.

The Pierce is situated at 2 Pierce Ave. at Market Street. (West Reed Street borders the project’s south side.) About 80 of the 232 residences have been leased, and more than 60 already are occupied.

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