New illustrations have been revealed alongside project plans for 3606 El Camino Real in Palo Alto, Santa Clara County. The builder’s remedy-assisted proposal will bring over three hundred apartments and more than four hundred cars to the affluent Silicon Valley city. San Mateo-based developer Sares Regis Group is responsible for the project.
Financing has been secured for proposed affordable housing at 802 South First Street in San Jose, Santa Clara County. The joint venture responsible for the six-story project has agreed to a $66 million loan with PNC National Bank. Construction is expected to start in the fall of this year.
The formal application has been filed for University Station, a residential infill at 451 El Camino Real next to the Santa Clara Caltrain Station. The over four hundred-unit project will extend across city lines, with housing in Santa Clara and San Jose. Morley Bros. is responsible for the application.
The City of San Jose is scheduled to review plans tomorrow for the proposed expansion at 2505-2577 Samaritan Drive, Santa Clara County. The planning director will review the project to add two medical offices and a garage within the Good Samaritan Hospital campus. Cilker Henderson Properties is the lead developer.
Pre-application permits have been filed for a new suburban tract at 1245 Diana Avenue in Morgan Hill, Santa Clara County. The builder’s remedy has been invoked in the property owner’s goal to construct 106 homes on the 20-acre site. San Jose-based Borelli Investment Company is sponsoring the application.
