Mariposa Place, an 80-unit advanced of reasonably priced houses at 750 W. San Carlos St. in San Jose, idea. Two reasonably priced residence initiatives in San Jose have taken a step ahead with separate offers by Santa Clara County to buy the websites the place scores of residences would sprout.
SAN JOSE — Two reasonably priced residence initiatives in San Jose have taken a step ahead with separate offers by Santa Clara County to buy the websites the place scores of residences would sprout.
Santa Clara County has purchased a web site on West San Carlos Road simply west of downtown San Jose and a parcel on South Bascom Avenue in southwest San Jose, paperwork filed on Jan. 26 present.
In each cases, the purchases have been completed by the county as a approach to assist easy the trail for the event of the separate initiatives, in accordance with a county authorities employees report.
The initiatives are each designed so as to add reasonably priced housing in San Jose. Listed below are some particulars concerning the initiatives:
— Mariposa Place at 750 W. San Carlos St. between Sunol Road and McEvoy Road would include 80 reasonably priced residences that might be developed by Danco Group, an actual property agency based mostly in Arcata, a metropolis in Humboldt County.
— Vitalia Residences at 3090 S. Bascom Ave. in San Jose between Foxworth Avenue and Camden Avenue would include 79 reasonably priced residences that might be developed by San Diego-based Affirmed Housing.
Santa Clara County didn’t disclose on the grant deeds what it paid for the properties.
Nevertheless, a November 2021 employees report did disclose the utmost quantity that the county was licensed to pay for the respective properties.
In each cases, associates of Danco Group and Affirmed Housing offered their respective properties to Santa Clara County, the general public information present. The transactions have been separate and accomplished independently.
Danco will develop the West San Carlos mission and Affirmed will develop the South Bascom web site, even after the property gross sales. In every case, the county agreed to lease again the land to the builders for $1 a 12 months.
The county was licensed to pay not more than $5.5 million for 750 W. San Carlos St., which totals 0.5 acres, in accordance with the employees report. That web site is inside strolling distance of the Diridon practice station and is inside a block of the footprint of Google’s proposed transit-oriented neighborhood.
County officers have been licensed to pay not more than $5.45 million for 3090 S. Bascom Ave., which totals 0.6 acres, the employees report acknowledged.
The South Bascom Avenue web site is of be aware as a result of the property was beforehand occupied by a widely known Guitar Showcase retailer. The shop has relocated subsequent door to 3058 S. Bascom Ave.
As well as, some residents of the neighborhood have raised issues in regards to the dimension of the mission. After discussions with neighbors, Affirmed Housing agreed to reduce the dimensions of the event.
“On account of the group enter, a call was made to scale back the event by one ground, which resulted in a discount of whole items from 90 to 79 items,” the county employees report acknowledged.
