YIMBY has received detailed plans for the University Station redevelopment at 451-475 El Camino Real in Santa Clara and San Jose. The proposal could create over four hundred units in an apartment building and townhomes next to the Santa Clara Caltrain station. The Morley Brothers, a prominent Silicon Valley real estate developer, is responsible for the project.
New preliminary plans have been filed for an eleven-acre property at 451 El Camino Real, mostly in Santa Clara, with 0.91 acres across the city border in San Jose. The proposal will replace an office campus and a small strip mall next to the city’s Caltrain station. Bixby Land Company is responsible for the application.
The Santa Clara Planning Commission is scheduled to meet tomorrow and consider approval of a 21-story apartment tower at 5185 Lafayette Street in the Tasman East master plan. The proposal is expected to create nearly two hundred homes and even more parking near light rail, the Capitol Corridor train station, and Levi’s Stadium. San Francisco-based Ensemble Investments is the project developer.
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.
The Santa Clara Planning Commission is scheduled to review an extension of the approval for a hotel and entertainment space at 312 Brokaw Road in Santa Clara County. The planned development is located across from the rising Gateway Crossing development by Holland Partner Group. Mogul Capital is the project developer.