Under state pressure to build more housing, the city of Pleasanton is moving to allow upward of 1,000 homes at city’s flagship retail center.
The city, alongside a trio of land owners, is working to decide exactly how many homes should be permitted on those 18 acres. Property owners Simon Property Group , Macy’s and 300 Venture Group, which together own nearly 90% of the land at Stoneridge, have said they’d like to see as many as 80 homes allowed per acre. City staff have recommended capping maximum residential densities at 65 units per acre.
The Planning Commission is expected to make a recommendation regarding residential densities to Pleasanton City Council at its Wednesday hearing; Pleasanton City Council is expected to review and approve the rezoning by the end of this month, per city documents.