Project developer SummerHill Homes has touted the success of the first two phases of City Village in Bishop Ranch, San Ramon. Closings have resulted in over $70 million from 53 single-family and townhouse units, most of which were with first-time homebuyers. Once complete, the master plan will result in 404 homes on a former office plot.
New renderings have been revealed for the three-story townhome-style development at 320 Sheridan Drive in Menlo Park, San Mateo County. The project will bring dozens of affordable homes to the former Flood School site owned by Ravenswood City School District. The District has partnered with Alliant Strategic Development to pursue construction.
A new developer has filed preliminary permits for a townhome-style infill at 4335 and 4345 El Camino Real in Palo Alto, Santa Clara County. The proposal is significantly downscaled from the previous iteration, creating less than half the unit capacity. Summerhill Homes is the developer, taking over from the Toll Brothers.
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.
The Builder’s Remedy was expected to boost housing construction across the state. However, it’s causing San Jose’s pipeline to shrink. The Bumb Family has withdrawn their 2021-proposed plan for the South District development, swapping the proposed offices and 3,450 units with a 940-unit alternative, representing a loss of 2,560 units. Since San Jose did not submit a compliant housing element, there is little for the city to do.
