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.
Progress for the Tasman East Specific Plan has received some good news. Related California has secured $690 million in construction funding for 700 units at 2300 Calle De Luna, representing nearly a fifth of all units expected in the multi-developer project in Santa Clara. Foundation work is expected to start in the coming weeks.
New aerial imagery shows construction has topped out for the first residential structure in the Tasman East Specific Plan, Santa Clara. Demolition has also finished on two more substantial sites. Tasman East is a multi-developer multi-structure mixed-use masterplan with plans to build as many as 4,500 new residential units with newly-laid streets, over a hundred thousand square feet of retail, a grocery store, school, open space, and affordable housing.
Today’s story highlights the proposed development at 2300 Calle De Luna, a two-towered mixed-use development by Related California. 2300 Calle De Luna is located on Parcel 3 of the Tasman East Specific Plan, which imagines a high-density mixed-use district by Levi Stadium in Santa Clara. Tasman Parcel 3 will add hundreds of apartments and senior housing along with retail and public landscaping to the Silicon Valley housing market.
The Santa Clara Planning Commission has been recommended to approve plans for 2354 Calle Del Mundo in the Tasman East Specific Plan area at the northern edge of Santa Clara. The eight-story building is expected to add 89 new units near Lafayette Street as part of the rising neighborhood of potentially over four thousand apartments. If approved, it will become the latest of eleven proposals for the area. Long Beach-based Ensemble Real Estate Investments is responsible for the development.
