Funding to support the construction is expected soon for 4898 El Camino Real in Los Altos. The project proposal includes the development of a five-story multi-family residential project.
Aron Developers is the project developer. SDG Architects is responsible for the designs. Civil engineering by Lea & Braze Engineering. Landscape architecture by Environmental Foresight Inc.
4898 El Camino Real View via SDG Architects
The project will bring a new five-story multi-family development offering 28 residential units. The building will feature two levels of underground parking. The building will yield a total built-up area of 47,587 square feet. The project also includes six affordable units with open terrace and is completely entitled.
4898 El Camino Real Interiors via SDG Architects
Building permits were submitted, and a approval was granted in mid August. The developers are working to gather financing for the construction of the project. They are also raising a Preferred Equity round of 1.5M for construction financing on this project with a 24 months term and 17.5% annualized return.
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