A new residential project has been proposed for development at 749 West El Camino Real, Santa Clara County. The project proposal includes the development of a new mixed-use complex comprising of a two-story building and a six-story mixed-use building with 299 multi-family residential units. Once approved, the project will replace the surface parking, restaurant, and Chase Bank on the site.
Greystar Real Estate Partners is the project applicant.
749 West El Camino Real facade close-up, illustration courtesy Greystar
Last year, the City of Mountain View published an official notice of preparation of the Draft Environmental Impact Report.
The scope of work includes the demolition of the existing 1,487 square-foot restaurant building, 18,302 square-foot bank building, and all associated surface parking and landscaping on-site. After demolition, the project aims to construct two new buildings on-site a two-story rising 41 feet tall, spanning 11,500 square foot bank, and a six-story building rising 75 feet to the top of the roof mixed-use building with 299 multi-family residential units.
Out of the total units, 33 of will be reserved for low- to very-low- income household. The project will also offer up to 13,465 square feet of ground-floor commercial space, and two levels of underground parking. The mixed use-building will contain one level of ground floor podium parking and two levels of underground parking.
749 West El Camino Real corner view from El Camino Real and Lane Avenue, illustration courtesy Greystar
The commercial space will be located adjacent to El Camino Real on the northern portion of the project site. The new bank is proposed to be located on the northwest corner of the project site and a public plaza is proposed on El Camino Real between the proposed bank building and mixed-use building’s ground-floor commercial uses.
749 West El Camino Real aerial view, illustration courtesy Greystar
The project will preserve the existing artwork pieces associated with the existing bank building and plaza and incorporate them into the project design. Implementation of the project will require the removal of existing trees, including Heritage Trees. The proposed project will plant replacement trees in conformance with the City requirements.
The estimated construction timeline has not been revealed yet.
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This is amazing..We need more density around castro st.
What will be the range in prices for low income people?
What will be the range in prices for low income people? What square footage for housing will be available?
It is about time. This should have been done 10 years ago, like the ones on the other side of Castro Street.
This can help make Downtown MV more of a competitor to Palo Alto.