New permits have been filed to split the existing lot at 612 South Main Street in Milpitas, Santa Clara County. The proposal will replace the existing commercial office and surface parking with 57 townhomes. After purchasing the project from the True Life Companies, Toll Brothers is responsible for the application.
In September of last year, TTLC announced that Toll Brothers purchased the 2.35-acre parcel for an undisclosed amount. Toll Brothers will now help push the construction of 57 townhomes. In June last year, a county value assessment said the property was worth around $4.4 million.
612 South Main Street Driveway via SDG Architects, rendering by Robert Becker
SDG Architects drafted the previous plans for TTLC. Nine three-story townhome structures were placed around guest surface parking, landscaping, and a small public open space. R3 Studios is responsible for the landscape design. The homes ranged from 1,420 to 2,090 square feet, each with two parking spaces.
612 South Main Street, image by Google Satellite
The building will rise in a mixed-use neighborhood straddled by large roads and freeways. There are restaurants, a park, and apartments within a block of the property. Residents will also be less than ten minutes from the Great Mall, a train depot for Union Pacific, and the Elmwood Correctional Facility prison.
The estimated cost and timeline for construction have yet to be established.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
And priced so High no one can afford them, we don’t need any more 900k condos or 5k 2 bedroom apartments, the only housing that should allowed to be built is affordable housing
er….increasing supply is the first step towards lowering price.
Subsidizing units is a worse solution than relaxing zoning (which leads to increased supply).
One psychology that is hilariously innumerate is the one Terrence demonstrated :
“It would take 200,000 new housing units to make housing more affordable. But since we can’t magically built 200,000 at once, don’t build these 57 units on formerly commercial land, since that doesn’t fix the entire problem of 200,000 units in one shot.”
Me : “A journey of 1000 miles begins with a single step.”
Terrence : “Since we can’t travel 1000 miles in a second, don’t take the first step.”
It is about time! This is right next to the Jain Temple. Now, devout Jains can live right next door to their temple.
What Terrence doesn’t understand is that developers are not a charity.
The projects that pencil out now are for-sale townhomes, and to a lesser extent, condominium flats. There is no way that a for-profit developer is going to build high-density rental apartments in that area, there is an enormous over-supply right now with apartment complex owners offering ridiculous incentives to get new tenants to sign a lease.
Be happy that we’re getting 57 units that will be in high demand and that presumably 5-6 of them will be BMR. These are not going to be $900K townhomes, more likely to be $1.2 million townhomes, as long as the smell from the landfill isn’t present there.
Not sure who writes these articles, but being close to the Union Pacific depot doesn’t do much for new residents unless they have some need to ship a lot of freight! It’s not too far from the Milpitas BART and VTA light rail station though.