A New York City-based private equity firm has purchased the 13.3-acre property at 3905 Freedom Circle in Santa Clara. Greystar, the former owner, has secured approval for a 1,075-unit residential development across the property. Cerberus Capital Management, the new owner, is a multibillion-dollar investment firm chaired by a former US Vice President.
While Related has topped out for the 23-story apartment tower at 2300 Calle De Luna, work is moving forward on several other mid-rise projects in Santa Clara’s Tasman East Specific Plan. The six structures will rise between six to eight floors high, creating over a thousand and five hundred units, shops, and new open space.
The City of Mountain View has published an official notice of preparation of the Draft Environmental Impact Report for 749 West El Camino Real, Santa Clara County. The application aims to replace the surface parking,…
Greystar will request a first-time extension today for the approved architectural review of Parcels 20 and 27 within the Tasman East Specific Plan in Santa Clara. The plans include 371 rental units at 2225 Calle De Luna and 2232 Calle Del Mundo. The request will be made during the city’s Development Review Hearing, scheduled to start at 3 PM today.
A recent visit by YIMBY shows significant construction progress for the multi-block Elco Yards project at 1601 El Camino Real in Downtown Redwood City, San Mateo County. The move also comes as the project developer, IQHQ, has reportedly purchased several properties adjacent to its existing master plan. Currently, crews are working to create over five hundred residences, offices, retail, a child care center, and open space across 8.3 acres.
