This latest project will rise six stories and has a charming aesthetic that will go with the neighborhood. Included in the building are 168 apartments (some of which are "affordable housing") and a respectable 22,000 SQFT of commercial and office space. There could be up to four retail pads fronting The Alameda. Oh, and that Whole Foods I mentioned is right next door.
There will be a total of 273 parking spaces underground split between residents and guest parking for the commercial units. The developer will also pay $2 million to help fund a future expansion of Del Monte Park.
Ground-breaking has already taken place and the construction is expected to be completed in early 2018.
Source: The Merc, On The Alameda
I hate to be that guy, but I'm kinda wondering why there's so much parking for a 'transit oriented development.' Yes, some people do need cars, but there's a train station and frequent bus service nearby and the kinds of people they are trying to attract (young single people, and lower income people) are less likely to have them. I wonder what the city set the parking minimums at for this area.
ReplyDeleteI totally agree with you.
DeleteTOD by definition shouldn't be including this much marking. 273 parking stalls for 168 apartment units? Are you kidding me? This is exactly the type of development which can get Silicon Valley slowly off of its dependence on the single-occupancy vehicle, but unfortunately it seems in this specific case there's no follow-through on the part of the developer. Shame.
There ideally shouldn't be any parking minimums at all.
Doesn't that bad. Assuming 1.25 p/unit...that's 210 and the remainder would be for commercial/office use.
Delete