News Formal

Redco Development and Midar Investment Plan to Build 400 Apartments in Palo Alto

  • 📰 OakTribNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 51%

Housing ニュース

Redco Development,Midar Investment,Builder's Remedy

Redco Development and Midar Investment are seeking to utilize the builder's remedy to construct three apartment buildings with nearly 400 apartments in Palo Alto. The builder's remedy allows developers to bypass local zoning and design restrictions in affluent cities, as long as 20% of the units are affordable.

Redco Development and Midar Investment want to employ the state builder’s remedy to build three apartment buildings with nearly 400 apartments at 156 California Avenue in Palo Alto.

The builder’s remedy projects largely target affluent cities around the Bay that have been some of the most resistant to adding new housing, especially at higher densities. Between January and March 2024, the Bay Area News Group contacted every city in the five-county Bay Area, plus Sonoma County, that had fallen behind on its housing element in the last year, and was thus subject to the builder’s remedy, and asked them if they had received any such projects.

High-ranking Oakland cops, including deputy chief, face serious discipline for allegedly botching investigationWho’s dying now? Here’s how recent COVID deaths compare to the early months of the pandemic in California

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 597. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Four of investors' top 5 favorite investment destinations are in Europe, Global Opportunity Index showsDenmark, Sweden, Finland, the United States, and the United Kingdom are ranked as the top five countries for investors in this year’s Global Opportunity…
ソース: NBCLA - 🏆 319. / 59 続きを読む »