The Santa Clara Planning Commission is scheduled to review plans tonight to annex a portion of 451 El Camino Real into Santa Clara, Santa Clara County. The move would carve out nearly an acre from San Jose to allow for the development of 408 apartments overlooking the city’s Caltrain Station to occur without crossing city borders. Newport Beach-based Bixby Land Company is the project developer and applicant.
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A recently opened senior living community at 3355 Almaden Expressway in San Jose was sold last week to a new real estate firm. George Avalos of the Mercury News reported that Welltower Inc, a major healthcare-focused group, purchased Novelle Senior Living for just under $100 million in cash. The site is a recent construction, opening it’s doors just last year. As of now, it is unclear why the original developers, Columbia Pacific Advisors and SRM Development, chose to sell it so soon after completion.
Plans have been filed for a townhouse development at 1484 Kifer Road in Sunnyvale, Santa Clara County. The proposal seeks to replace an industrial site with over a hundred residential units in a growing neighborhood, nearly a mile away from the Lawrence Caltrain Station. The prolific home builder, City Ventures, is responsible for the application.
Initial permits have been filed for a potential 40-story mixed-use skyscraper at 38 8th Street in San Francisco’s Mid-Market District. The high-rise proposal would replace a surface parking lot at the corner of 8th Street and Stevenson with nearly three hundred apartments across from the Civic Center neighborhood. Manna Capital is the project developer, filing on behalf of the property owner, Napa County-based Aslanian 2006 Revocable Trust.
The San Jose Planning Commission is scheduled to review plans tomorrow evening for a suburban expansion at 511 Cozy Drive in San Jose, Santa Clara County. The project would replace a vacant school campus with 80 homes. The True Life Company is responsible for the development and is filing through TTLC San Jose Glider, LLC.
