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| Nearby location, 226 affordable housing, construction by Barry Swensen Builder |
San Jose Mercury News/San Jose Neighborhoods/Carol Rosen, 8/7/13. "Barry Swenson Builder is proposing townhomes on a vacant lot in Almaden."
"One
of the issues San Jose City Council members will face when meetings
resume Aug. 27 will be a potential development at the corner of Coleman
Road and Almaden Expressway, across from Almaden Lake. The
land is owned by the city's housing department. It was purchased by the
city 22 years ago and during that time, it has been eyed by several
developers as a site for affordable housing. Among these developers are
Nelson Maples, Pulte Homes and now Barry Swenson Builder.
The
latter hopes to build a 27-unit complex of two-bedroom, two-bathroom
townhomes with garages. Nine of the units will be marketed as
affordable, with prices estimated in the $350,000 to $375,000 range,
depending on the real estate market when the homes are available. The
remaining 18 homes will likely be in the $500,000 range, again depending
on the market." Read article.
Posted by Kathy Meeh
2 comments:
And Pacifica chased him away. They picked SKYFIELD USA over Barry Swenson.
Pacifica needs a lot more affordable housing. Young families now days can't afford these prices. And "affordable" doesn't mean poor. You have to have minimum incomes to qualify. These are for families making approximately $40K to $60K. I think the only ones I know of are near the golf course.
The problem (I'v been told) are NIMBY's who think these lower priced houses will bring down their home value. Not true. They have a lot of restrictions on how much and who you can sell too so they really aren't comparable to regular houses.
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