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SFBA Residential Construction Projects

By New Renter following x   2014 Apr 5, 8:16am 26,426 views   38 comments   watch   nsfw   quote     share    


Given the lack of housing inventory here in the SFBA and downer threads like this one...
http://patrick.net/?p=1240680
...I think its time to put together a list of ongoing and recently completed residential construction projects. If you know of a project in your area that is not already on this list please add it:

Running total of housing units (to be updated as necessary):

Milpitas: 4692
San Jose: 8383
Fremont: 980
Sunnyvale: 413
Santa Clara: 2338
Los Altos: 414
Concord:344
Walnut Creek: 674
Palo Alto: 150
Mountain View: 183
Cupertino: 80

#housing

1   New Renter   ignore (11)   2014 Apr 6, 2:09am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Sunnyvale
Location: Town and Country
Builder: Carmel Partners
Project name: Carmel Lofts
APN ?
Type of housing: Apartments/Commercial
# of units 133
Link(s)
http://sunnyvale.ca.gov/HotTopics/DowntownDevelopment.aspx
http://www.sunnyvaledowntown.com/projects.html

City: Sunnyvale
Location: Town and Country
Builder: BRE Properties
Project name: Solstice
APN ?
Type of housing: Apartments/Commercial
# of units 280
Link(s)
http://sunnyvale.ca.gov/HotTopics/DowntownDevelopment.aspx
http://www.sunnyvaledowntown.com/projects.html

2   APOCALYPSEFUCKisShostikovitch   ignore (38)   2014 Apr 6, 2:22am   ↑ like (3)   ↓ dislike (0)   quote   flag        

Isn't Milpitas an immense toxic waste dump?

3   New Renter   ignore (11)   2014 Apr 6, 2:30am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Santa Clara
Location: 45 Buckingham Drive and 66 North Saratoga Avenue
Builder: Prometheus
Project name: Buckingham Residential
APN ?
Type of housing: Apartments/Commercial
# of units 222
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 2525 El Camino Real
Builder: ROEM Corp
Project name: Camino del Rey
APN ?
Type of housing: Senior Apartments
# of units 48
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 2585 El Camino Real
Builder: SiliconSage Builders
Project name: Creekside Vista Condominiums
APN ?
Type of housing: Condos
# of units 60
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 2611 El Camino Real
Builder: Summerhill Homes
Project name: El Camino Real Apartments
APN ?
Type of housing: Apartments
# of units 186
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 1410 El Camino Real
Builder: Core Builders
Project name: El Presidio Santa Clara
APN ?
Type of housing: “Affordable” Apartments
# of units 40
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 3610 and 3700 El Camino Real
Builder: Essex Property Trust
Project name: Gateway Village
APN ?
Type of housing: Apartments/Commercial
# of units 475
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 1460 Monroe Street
Builder: Silicon Sage Builders
Project name: Madison Place
APN ?
Type of housing: Apartments/Commercial
# of units 28
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 90 N Winchester Blvd
Builder: Summerhill Homes
Project name: Midtown Village
APN ?
Type of housing: SFR/”Affordable” Senior Housing
# of units 110/165
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 3515-3585 Monroe St.
Builder: The Irvine Co.
Project name: Monticello Village
APN 216-25-006
Type of housing: Apartments
# of units 825
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 555 Saratoga Ave
Builder: Silicon Sage Builders
Project name: Saratoga Ave Condos
APN ?
Type of housing: Condos
# of units 13
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 166 Saratoga Ave
Builder: (proposed only)
Project name: Saratoga Ave Residential Project
APN ?
Type of housing: Townhouses
# of units 33
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

City: Santa Clara
Location: 3175 El Camino Real
Builder: Citation Homes.
Project name: Tuscany Apartments
APN ?
Type of housing: Apartments
# of units 133
Link(s)
http://santaclaraca.gov/index.aspx?page=2495

4   New Renter   ignore (11)   2014 Apr 6, 2:33am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Milpitas: 4692
San Jose: 8383
Fremont: 500
Sunnyvale: 413
Santa Clara: 2338

City: Milpitas
Location: Great Mall
Builder:Cong Nguyen
Project name: Landmark Tower
APN 86-01-034
Type of housing: Apartments/commercial
# of units 375
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Fairfield Residential
Project name: Fairfield Murphy Ranch
APN 86-01-041
Type of housing: Apartments
# of units 374
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Tim Cotton
Project name: Coyote Creek
APN 86-01-042
Type of housing: Townhomes
# of units 285
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:D.R. Horton
Project name: Harmony
APN 86-41-019,020,021,022
Type of housing: Townhouses and condos
# of units 276
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Lyon Realty Advisors
Project name: Apex
APN 86-12-016
Type of housing: Apartments
# of units 366
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Shea Properties
Project name: Shea Properties
APN 86-16-100
Type of housing: Apartments
# of units 204
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Jake Lavin
Project name: Sundrop
APN 86-29-050,049
Type of housing: Apartments
# of units 83
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Ken Perry
Project name: Citation
APN 86-32-037
Type of housing: Apartments
# of units 732
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Patrick Brown
Project name: Milpitas Station
APN 86-32-039,040,038,033,034
Type of housing: Apartments
# of units 303
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Community Housing Development
Project name: Capitol Towers
APN 86-37-027
Type of housing: Apartments
# of units 460
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Kevin Pohlson
Project name: Belcourt
APN 86-29-061,062,075,076
Type of housing: SFR
# of units 80
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Integral Properties and Taylor Morrison
Project name: Integral Properties
APN 86-33-092,101,093,099,094,095,098
Type of housing: SFR
# of units 954+200
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Trumark Homes
Project name: Trumark Homes
APN 86-36-043
Type of housing: Townhouses?
# of units 134
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Lyon Communities
Project name: Lyon Montague
APN 86-37-004,020,021
Type of housing: SFR
# of units 451
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:D.R. Horton
Project name: Orchid residential
APN 86-28-041,86-38-003
Type of housing: SFR
# of units 80
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:TRI Point Homes
Project name: LiveWork Residential
APN 86-39-001,002
Type of housing: SFR
# of units 32
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

City: Milpitas
Location: Great Mall
Builder:Warmington Homes
Project name: Warmington
APN 86-36-003,004,005,006
Type of housing: Apartments?
# of units 954+200
Link(s)
https://www.ci.milpitas.ca.gov/_pdfs/Approved%20Projects_MAP-7-15-13.pdf

5   New Renter   ignore (11)   2014 Apr 6, 2:34am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: San Jose
Location: 99 Vista Montana
Builder: Equity Residential
Project name: Tasman Apartments
APN ?
Type of housing: Apartments
# of units 554
Link(s)
http://www.bizjournals.com/sanjose/news/2014/02/05/equity-residential-starts-construction.html

City: San Jose
Location: 320 Crescent Village Circle San Jose, CA 95134
Builder: Equity Residential
Project name: Crescent Village(just completed)
APN ?
Type of housing: Apartments
# of units 1700
Link(s)
http://www.apartments.com/California/San-Jose/Crescent-Village-Apartment-Homes/877864

City: San Jose
Location: Berryessa Rd (on old flea market site)
Builder: KB Homes
Project name: The Residences at Beryessa
APN ?
Type of housing: Townhouses/SFR
# of units 242
Link(s)
http://www.kbhome.com/new-homes-bay-area/the-residences-at-berryessa-crossing
http://www.trulia.com/blog/tina_lam/2013/11/kb_home_s_berryessa_crossing_first_to_come_to_berryessa_bart_station

City: San Jose
Location: Communication Hill
Builder: KB Homes
Project name: Unknown
APN ?
Type of housing: Apartments
# of units 2,200-4000
Link(s)
http://www.thesanjoseblog.com/2012/11/2000-new-homes-coming-to-communication.html
http://www.bizjournals.com/sanjose/news/2013/08/20/heres-what-communications-hill-might.html?page=all

City: Fremont
Location: Patterson Ranch
Builder: KB Homes
Project name: ?
APN ?
Type of housing: SFR
# of units 500
Link(s)
http://www.bizjournals.com/sanfrancisco/blog/real-estate/2014/04/kb-home-to-build-largest-single-family-home.html

City: San Jose
Location: Downtown
Builder: Essex Property Trust
Project name: One South Market
APN ?
Type of housing: Apartments
# of units 312
Link(s)
http://www.bizjournals.com/sanjose/news/2013/08/01/downtown-san-jose-your-high-rise.html

City: San Jose
Location: Downtown
Builder: ?
Project name: North San Pedro
APN ?
Type of housing: Apartments
# of units 408
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Downtown
Builder: ?
Project name: Centerra
APN ?
Type of housing: Apartments/Commercial
# of units 347
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Downtown
Builder: ?
Project name: Marshal Square
APN ?
Type of housing: Apartments/commercial
# of units 195
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Downtown
Builder: ?
Project name: One S. Market
APN ?
Type of housing: Apartments/Commercial
# of units 312
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Downtown
Builder: ?
Project name: Post & San Pedro Tower
APN ?
Type of housing: Apartments/Commercial
# of units 156
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Downtown
Builder: ?
Project name: Balbach Condos
APN ?
Type of housing: Condos
# of units 100
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Downtown
Builder: ?
Project name: The Pierce
APN ?
Type of housing: Apartments/Commercial
# of units 234
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Downtown
Builder: ?
Project name: Parkview Towers
APN ?
Type of housing: Apartments/Commercial
# of units 243
Link(s)
http://sjdowntown.com/wpsite/wp-content/uploads/2014/03/Web_DowntownSanJose_CURDEV_3.31.14.pdf

City: San Jose
Location: Cottle Rd/85
Builder: ?
Project name: Village Oaks
APN ?
Type of housing: Townhouses/SFR
# of units 450
Link(s)
http://www.nbcbayarea.com/news/local/San-Jose-New-Construction-Boom-Threatens-to-Force-Out-Senior-Citizens-241234911.html

City: San Jose
Location: Downtown
Builder: KT Properties
Project name: Silvery Towers (proposed project only)
APN ?
Type of housing: Condos/Commercial
# of units 640
Link(s)
http://www.nbcbayarea.com/news/local/San-Jose-New-Construction-Boom-Threatens-to-Force-Out-Senior-Citizens-241234911.html

City: San Jose
Location: 1080 E Brokaw Rd,, San Jose, CA 95131
Builder: The New Home Company
Project name: Orchard Park (proposed)
APN ?
Type of housing: Townhouses/SFR
# of units 261
Link(s)
http://www.toptennewhomecommunities.com/?p=community_details&id=1896&action=view&builder=The-New-Home-Company&community=Orchard-Park&listing

City: San Jose
Location: Springbrook Ave. & Slopeview Dr., San Jose
Builder: Tim Lewis
Project name: The Promontory (proposed)
APN ?
Type of housing: SFR (big un’s)
# of units 12
Link(s)
http://www.toptennewhomecommunities.com/?p=community_details&id=2194&action=view&builder=Tim-Lewis-Companies&community=The-Promontory&listing

City: San Jose
Location: 1375 Lick Avenue, San Jose, CA 95110
Builder: Polaris Pacific
Project name: Skyline
APN ?
Type of housing: Apartments
# of units 17
Link(s)
http://www.toptennewhomecommunities.com/?p=community_details&id=2516&action=view&builder=Polaris-Pacific&community=Skyline&listing

City: San Jose
Location: 530 South 22Nd Street, San Jose, CA 95116
Builder: Taylor Morrison
Project name: PARC 22
APN ?
Type of housing: Townhouses
# of units ?
Link(s)
http://www.toptennewhomecommunities.com/?p=community_details&id=2025&action=view&builder=Taylor-Morrison&community=Parc-22&listing

6   New Renter   ignore (11)   2014 Apr 6, 2:40am   ↑ like (0)   ↓ dislike (0)   quote   flag        

APOCALYPSEFUCKisShostikovitch says

Isn't Milpitas an immense toxic waste dump?

Have you visited the EPA's superfund site lately?

http://www.epa.gov/region9/cleanup/california.html

Milpitas didn't even make the list.

Mountain View OTOH is a REAL dump!

Palo Alto, Santa Clara, Sunnyvale, San Jose, are all there.

7   Ceffer   ignore (1)   2014 Apr 6, 2:48am   ↑ like (0)   ↓ dislike (0)   quote   flag        

How come this list doesn't include new prison space?

For every ten new residential units, there should be at least two new cell spaces.

8   donjumpsuit   ignore (0)   2014 Apr 6, 2:53am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Ceffer says

For every ten new residential units, there should be at least two new cell spaces.

What do you think "Condo's, Apartments, and Townhouses" are?

They certainly sound like cell blocks to me.

Built to be bought by the wealthy elite, and rented to the paycheck to paycheck.

Maybe you can buy one. But only for $300/mo to HOA, $300/mo to insurance, $600/mo to state taxes, and $600/mo to the bank for the mortgage.

Sounds like a prison sentence.

9   New Renter   ignore (11)   2014 Apr 6, 3:02am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Los Altos
Location: 4750 El Camino Real
Builder: Sares-Regis/Lennar Homes
Project name: Colonnade
APN ?
Type of housing: Apartments/Townhouses
# of units 167/38
Link(s)
http://www.grandboulevard.net/community/index.php/component/content/article/34-default-submission/491-colonnadegateway-gardens

City: Los Altos
Location: 5100 El Camino Real
Builder: Unk (completed)
Project name: 5100 El Camino Real
APN ?
Type of housing: Apartments
# of units 29
Link(s)
http://www.grandboulevard.net/community/index.php/component/content/article/34-default-submission/229-5100-el-camino-real

City: Los Altos
Location: 960 North San Antonio Road
Builder: Unk (completed)
Project name: Los Altos Gardens
APN ?
Type of housing: Apartments/Condos
# of units 56/46
Link(s)
http://www.grandboulevard.net/community/index.php/component/content/article/34-default-submission/490-los-altos-gardens

City: Los Altos
Location: 4400 El Camino Real
Builder: Unk (completed)
Project name: Peninsula Real
APN ?
Type of housing: Condos
# of units 78
Link(s)
http://www.grandboulevard.net/community/index.php/component/content/article/34-default-submission/230-peninsula-real

10   New Renter   ignore (11)   2014 Apr 6, 3:04am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Fremont
Location: Beacon Ave and California St
Builder: Urban Housing Group
Project name: The Fremont Project
APN ?
Type of housing: Apartments
# of units 300
Link(s)
http://www.fremont.gov/DocumentCenter/Home/View/17926
http://www.bizjournals.com/sanjose/print-edition/2011/05/20/urban-housing-group-Fremont-midtown.html?page=all

City: Fremont
Location: Patterson Ranch
Builder: KB Homes
Project name: Patterson Ranch
APN ?
Type of housing: SFR
# of units 500
Link(s)
http://www.bizjournals.com/sanjose/news/2014/04/01/kb-home-to-build-largest-single-family-home.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_sanjose+%28Silicon+Valley+%2F+San+Jose+Business+Journal%29

City: Fremont
Location: 303 Hackamore Lane
Builder: Robinson Homes LLC
Project name: 303 Hackamore Lane
APN ?
Type of housing: Unk
# of units 35
Link(s)
http://fremont.gov/DocumentCenter/View/4984

City: Fremont
Location: Union St & Wolcott Dr, Fremont, CA 94538
Builder: Pulte
Project name: Central Park Terraces
APN ?
Type of housing: Townhomes
# of units 145
Link(s)
http://fremont.gov/DocumentCenter/View/4984

11   New Renter   ignore (11)   2014 Apr 6, 3:10am   ↑ like (0)   ↓ dislike (0)   quote   flag        

donjumpsuit says

Ceffer says

For every ten new residential units, there should be at least two new cell spaces.

What do you think "Condo's, Apartments, and Townhouses" are?

They certainly sound like cell blocks to me.

Built to be bought by the wealthy elite, and rented to the paycheck to paycheck.

Maybe you can buy one. But only for $300/mo to HOA, $300/mo to insurance, $600/mo to state taxes, and $600/mo to the bank for the mortgage.

Sounds like a prison sentence.

I've lived in apartmetns, townhouses and detached single family. Each has their charms and drawbacks.

For instance getting your neighbor's heat in winter, A/C in summer - Bonus

Hearing your neighbors getting it on - Blows (pun intended)

Being able to walk to work - Bonus

Carrying your groceries from the parking lot to your residence - Blows.

12   New Renter   ignore (11)   2014 Apr 6, 4:00am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Walnut Creek
Location: 1500 North Ca blvd
Builder: Laconia Development
Project name: Y12-010
APN ?
Type of housing: Apartments
# of units 141
Link(s)
http://www.walnut-creek.org/citygov/depts/cd/planning/projects.asp

City: Walnut Creek
Location: 1500 North Ca blvd
Builder: Urban Housing Group
Project name: BRIO Apartments
APN ?
Type of housing: Apartments
# of units 300
Link(s)
http://www.walnut-creek.org/citygov/depts/cd/planning/projects.asp

City: Walnut Creek
Location: 1960 North Main blvd
Builder: Mill Creek Residential Trust
Project name: 1960 North Main Apartments
APN ?
Type of housing: Apartments
# of units 126
Link(s)
http://www.walnut-creek.org/citygov/depts/cd/planning/projects.asp

City: Walnut Creek
Location: 2618 Baldwin Lane
Builder: Mill Creek Residential Trust
Project name: Third Avenue Apartments (approved)
APN ?
Type of housing: Apartments
# of units 48
Link(s)
http://www.walnut-creek.org/citygov/depts/cd/planning/projects.asp

City: Walnut Creek
Location: 1500 Newell Ave
Builder: Essex Alamo LLC
Project name: The Village
APN ?
Type of housing: Apartments/Commercial
# of units 49
Link(s)
http://www.walnut-creek.org/citygov/depts/cd/planning/projects.asp

City: Walnut Creek
Location: 1935 Barkley Ave
Builder: Habitat for Humanity
Project name: Habitat for Humanity Townhomes
APN ?
Type of housing: Townhouses
# of units 10
Link(s)
http://www.walnut-creek.org/citygov/depts/cd/planning/projects.asp

13   New Renter   ignore (11)   2014 Apr 6, 4:18am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Palo Alto
Location: 2650 Birch St
Builder: Harold Hohbach
Project name: Birch Plaza
APN ?
Type of housing: Apartments
# of units 8
Link(s)
http://www.paloaltoonline.com/news/2014/03/14/around-california-avenue-here-comes-construction

City: Palo Alto
Location: 3159 El Camino Real.
Builder: Unk
Project name: Unk
APN ?
Type of housing: Apartments
# of units 48
Link(s)
http://www.paloaltoonline.com/news/2014/03/14/around-california-avenue-here-comes-construction

City: Palo Alto
Location: 2180 El Camino Real.
Builder: Unk
Project name: College Terrace Center
APN ?
Type of housing: Apartments
# of units 8
Link(s)
http://www.paloaltoonline.com/news/2014/03/14/around-california-avenue-here-comes-construction

City: Palo Alto
Location: 195 Page Mill Rd.
Builder: Unk
Project name: Park Plaza
APN ?
Type of housing: Apartments
# of units 82
Link(s)
http://www.paloaltoonline.com/news/2014/03/14/around-california-avenue-here-comes-construction

City: Palo Alto
Location: 385 Sherman Ave.
Builder: MF Sherman
Project name: Park Plaza
APN ?
Type of housing: Apartments
# of units 4
Link(s)
http://www.paloaltoonline.com/news/2014/03/14/around-california-avenue-here-comes-construction

14   Strategist   ignore (2)   2014 Apr 6, 4:21am   ↑ like (0)   ↓ dislike (1)   quote   flag        

New renter has been busy

15   New Renter   ignore (11)   2014 Apr 6, 4:35am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Mountain View
Location: 819 North Rengstorff Apartments
Builder: ROEM Corp/Eden Housing Inc.
Project name: 819 North Rengstorff Apartments
APN ?
Type of housing: Apartments
# of units 49
Link(s)
http://www.probuilder.com/mountain-view-breaks-ground-low-income-development

City: Mountain View
Location: Castro Street and El Camino Real
Builder: Unk.
Project name: Unk
APN ?
Type of housing: Apartments
# of units 134
Link(s)
http://mv-voice.com/news/2014/03/26/editorial-time-for-city-to-address-jobs-housing-imbalance

16   hanera   ignore (0)   2014 Apr 6, 5:43am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Renter,

Thank for the hard work.

17   New Renter   ignore (11)   2014 Apr 6, 6:29am   ↑ like (0)   ↓ dislike (0)   quote   flag        

hanera says

Renter,

Thank for the hard work.

No problem.

18   E-man   ignore (0)   2014 Apr 6, 10:53am   ↑ like (0)   ↓ dislike (0)   quote   flag        

The numbers say it all. The moment you get into wealthier neighborhoods, the less new construction you see, and you wonder why real estate in the Peninsula is expensive. See how anti-development these NIMBYs? Go ahead and justify all you want.

19   MAGA   ignore (1)   2014 Apr 6, 12:12pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

I was always amazed at the condos being built right along side Highway 101. People want to live next to a noisy highway like that?

20   New Renter   ignore (11)   2014 Apr 6, 12:20pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

jvolstad says

I was always amazed at the condos being built right along side Highway 101. People want to live next to a noisy highway like that?

A well built complex can be pretty quiet. Put a lot of trees along the highway. don't build across from a sound reflecting hill, fill the walls with reenforced concrete and use good double paned glass.

21   New Renter   ignore (11)   2014 Apr 7, 1:05am   ↑ like (0)   ↓ dislike (0)   quote   flag        

City: Cupertino
Location: Blaney Ave and Stevens Creek
Builder: Johnstone Moyer inc
Project name: Biltmore
APN ?
Type of housing: Apartments
# of units 80
Link(s)
http://www.johnstonemoyer.com/portfolio-q10060-Biltmore_Apartments.aspx

22   donjumpsuit   ignore (0)   2014 Apr 7, 1:11am   ↑ like (0)   ↓ dislike (0)   quote   flag        

New Renter says

For instance getting your neighbor's heat in winter, A/C in summer - Bonus

Hearing your neighbors getting it on - Blows (pun intended)

Being able to walk to work - Bonus

Carrying your groceries from the parking lot to your residence - Blows.

It's never really that cold or that hot, so the AC/heat argument is out.

I agree hearing people have sex is fun, but I'd rather have a room mate in a SFH.

If I can walk to work from a MFH, then I can do it from a SFH. But I would wager I couldn't do it from either.

As you alluded, the lack of a garage or parking dedication is something that could cause me problems (or other people problems with me) in short order.

23   cloud15   ignore (0)   2014 Apr 7, 5:49am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Thank you New Renter, you really adds a great value by the information you. Ring to the table.

24   Heraclitusstudent   ignore (2)   2014 Apr 7, 6:57am   ↑ like (1)   ↓ dislike (0)   quote   flag        

How many new units is that on the peninsula?

Around 800,000 people live there.

A couple thousands new units aren't gonna cut it.

25   New Renter   ignore (11)   2014 Apr 7, 7:22am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Heraclitusstudent says

How many new units is that on the peninsula?

Around 800,000 people live there.

A couple thousands new units aren't gonna cut it.

Again these are only the units:
1) I have data for so far
2) That are actively under construction or have very recently ( less than 18 mo) been completed.

Santa Clara county had - according to the 2012 census - 631,920 housing units. Of those 4.4% were unoccupied and 1.82% available for rent. That's 27,804 unoccupied and only 11375 for rent.

http://www.usa.com/santa-clara-county-ca-housing.htm

You seriously don't think the 16390 new units I've counted so far will help that shortage?

26   SFace   ignore (0)   2014 Apr 8, 8:16am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Santa Clara County and San Jose in particular is the fastest growing county in California. The construction is not keeping pace. For 16M sq feet of apartment space, some commerical space are going up just as fast in proportion.

5% vacancy rate will lead to rent hike. You'll need 7% vacancy rate to stop rents from going up. When net migration is hitting 30K people plus, that is not enough to bump down the vacancy rates.

27   Heraclitusstudent   ignore (2)   2014 Apr 8, 9:16am   ↑ like (1)   ↓ dislike (0)   quote   flag        

New Renter says

You seriously don't think the 16390 new units I've counted so far will help that shortage?

It will help in a relative way, but I think it is very far from answering the supply-demand imbalance.

New demand is coming all the time. It is limited only to the extent people are priced out.

28   New Renter   ignore (11)   2014 Apr 8, 10:07am   ↑ like (0)   ↓ dislike (0)   quote   flag        

SFace says

When net migration is hitting 30K people plus, that is not enough to bump down the vacancy rates.

Couple of things:

1) Average annual net population change for all of Santa Clara County between 2007-13 (most recently available data) has been 23k, not 30k.

http://quickfacts.census.gov/qfd/states/06/06085.html

2) Average household size is 2 people:

http://www.city-data.com/county/Santa_Clara_County-CA.html

so 1-2 bdrm apartment is just fine for the majority of those folks. Lower income folks will likely double or triple up as necessary to make rent. Boomerang kids will live at home and not contribute to the housing shortage.

3) Those 16k new residences are more numerous than the 11,400 new households. My number of 16k is also incomplete, there may be more projects yet unaccounted for and even more in the pipeline.

Granted there is only so much good land to build new housing on; however more efficient use of existing land with MFH can go a long way to alleviating housing pressure (like tearing down !@#$%^$ sports stadiums and replacing them with apartment highrises.)

There is also a LOT of untapped open land still left in the hills. It would cost a bit more to develop but at some point it will become necessary to do so.

29   SFace   ignore (0)   2014 Apr 8, 4:01pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

and when will those 16K new residences be delivered? within 12 months, 24? or ever?

No doubt there is a construction boom off the bottom in 2010-2012, especially in San Jose, but it nowhere near enough to bring down vacancy rates which drives rent.

30   hanera   ignore (0)   2014 Apr 8, 4:05pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

New Renter,

Did you include apartments and condos built for leasing? For example, the 200+ Rose Bowl condo units in Cupertino are for rentals only.

31   Rew   ignore (0)   2014 Apr 8, 4:13pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

SFace says

and when will those 16K new residences be delivered? within 12 months, 24?

Rents are up too, while people wait.

32   New Renter   ignore (11)   2014 Apr 9, 12:13am   ↑ like (0)   ↓ dislike (0)   quote   flag        

SFace says

and when will those 16K new residences be delivered? within 12 months, 24? or ever?

No doubt there is a construction boom off the bottom in 2010-2012, especially in San Jose, but it nowhere near enough to bring down vacancy rates which drives rent.

You have a fair question. Projects do hit delays which is why I tried to only list projects underway. IMO they are much more likely to be completed in a reasonable time frame than projects at the approval stage.

Rew says

Rents are up too, while people wait.

Is compensation skyrocketing too? Rent increases have to come from somewhere.

hanera says

New Renter,

Did you include apartments and condos built for leasing? For example, the 200+ Rose Bowl condo units in Cupertino are for rentals only.

I did not discriminate against leased vs rent vs own, all I looked at was whether it was being built for someone to live in.

33   Rew   ignore (0)   2014 Apr 9, 1:27am   ↑ like (0)   ↓ dislike (0)   quote   flag        

New Renter says

Is compensation skyrocketing too? Rent increases have to come from somewhere.

Santa Clara is one of the fastest growing counties in the US and SJ Mineta is the 2nd fastest growing air port. There are lots of people here, and for the population, not a huge availability of places to stay.

To take a page from "Fox" ... guess people will have to give up cell service and cable TV to make rent? (Truth is, obviously, they don't have to do that at all as median income for SJ is 90K, and 100K for a family. Rents are up because the market can bear it and basic supply and demand.)

I like your thread and optimism, though I'm afraid all the posting of building stats here isn't going to suddenly change something in the real world.

34   SFace   ignore (0)   2014 Apr 9, 11:54am   ↑ like (0)   ↓ dislike (0)   quote   flag        

New Renter says

Is compensation skyrocketing too? Rent increases have to come from
somewhere.

Avalon Bay is amazing predicting rent. Here is their forecast for 2014:

From Mgmt who obviously understand economic, supply and demand

"Based on what we can tell you right now just in aggregate, we're expecting blended rent change to average in the 4% range over the course of the year. Obviously, that is cyclical as you move through the seasons throughout the year, but that would be the average for the year on a blended basis." (Northern CA leads the way with slowdwon in DC)

http://seekingalpha.com/article/1982791-avalonbay-communities-management-discusses-q4-2013-results-earnings-call-transcript?page=5&p=qanda&l=last

35   E-man   ignore (0)   2014 Apr 16, 5:35pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

SFace says

Santa Clara County and San Jose in particular is the fastest growing county in California. The construction is not keeping pace. For 16M sq feet of apartment space, some commerical space are going up just as fast in proportion.

5% vacancy rate will lead to rent hike. You'll need 7% vacancy rate to stop rents from going up. When net migration is hitting 30K people plus, that is not enough to bump down the vacancy rates.

Our county assessor, Larry Stone, mentioned that the vacancy rate in San Jose is currently at 3.9% a couple of weeks ago at SJREI. No wonder why rents have been going up quite a bit in the recent years. Based on Avalon Bay's projection, it appears that the rate of rent increase will slow down a bit this year although 4% in rent increase annually is not bad. I'll take that anyday.

36   cloud15   ignore (0)   2014 Sep 25, 3:28pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

This is a Greta work NewRenter , really appreciate for pulling it all together


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