A recent property transaction and construction financing package have pushed ahead plans for the 173-unit affordable project in San Jose’s Stevens Creek Boulevard Urban Village. The plan is one component of a larger master plan at 4300 Stevens Creek Boulevard by Miramar Capital Group. Pacific West Builders will develop the affordable housing.
Construction is nearly finished for the five-story affordable housing block at 150 Park Road in Burlingame, San Mateo County. The project has replaced a surface parking lot with affordable workforce and senior housing one block from the busy Burlingame Avenue retail thoroughfare. The Pacific Companies, an Idaho-based firm, is the project developer.
Development permits have been filed seeking the approval of a project proposed at 226-254 McEvoy Street in San Jose. The project proposal includes the development of a new mixed-use project featuring residential and retail spaces. Plans for the demolition of nine existing industrial building, spanning an area of approximately 64,800 square feet, a paved parking, outside storage areas, and 57 trees.
The Hayward Planning Commission has approved plans to build two five-story residential buildings and the second location for The Primary School, an innovative school founded in 2016 by Meredith Liu and Dr. Priscilla Chan, wife of Facebook founder Mark Zuckerberg. The project will rise from a new street, in Hayward, an East Bay city with around 160,000 residents in Alameda County. At full build-out, the project will have 176 dwelling units and 384 students between preschool and fifth grade.
The proposal for 21267 Stevens Creek Boulevard expects to add 267 new apartments into the Silicon Valley housing market in Cupertino, Santa Clara County. Recent reporting by the Bay Area News Group has revealed that the project expects to break ground by the Fall of this year and would replace a retail center with new market-rate and affordable housing for seniors living in the hometown to the Foster + Partners-designed Apple headquarters. KT Urban and The Pacific Companies is responsible for the development.