A new affordable housing development has been proposed for a site located at 295 South Mathilda Avenue in Sunnyvale. The project would occupy a site formerly used by Wells Fargo Bank at the corner of South Mathilda Avenue and West McKinley Avenue. The City of Sunnyvale previously purchased the property in September 2023, and they have now entered into an agreement with the developer MidPen Housing to transform the property into more than 100 affordable units.
Early project plans show a concept outline for the site as a classic five-story podium-style structure, with a ground-floor lobby and circulation space topped by apartments. If constructed, the plans indicate a total of 110 affordable units, 25% of which would be set aside for previously unhoused individuals.
The project designs are still in their early phases. However, renderings by the Dahlin Group provide a visual context to what the building could look like. Their illustrations show a white cement panel façade set atop an articulated brick façade base, with grey paneling and details near the building’s windows.
295 South Mathilda Avenue Concept Rendering, image by Dahlin Group
The site is located in a central part of Sunnyvale, only a 10-minute walk from the Sunnyvale Caltrain station. Future residents will have access to a combination of transportation options, as well as easy walkability to local amenities such as cafés and restaurants. While the building is a scale-up from the current site, its height and massing are consistent with buildings directly across the street and in its close proximity.
295 South Mathilda Avenue Site Overview, image via MidPen Housing
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