How a plan to replace Waters Technology Office Park with a 190-unit housing development could reduce the jobs/housing imbalance in San Mateo was a focus for city officials as they voted unanimously to approve the project Tuesday.

Slated to include a mix of two-story single-family homes as well as three- and four-story attached townhomes and flats on an 11-acre site southeast of the interchange between Highway 101 and State Route 92, the proposal has drawn criticism from neighbors of the office complex concerned about its impact on traffic congestion and the privacy of homes neighboring the property. The developer, Strada Investment Group, is also planning to designate 19 of the units as affordable, which Strada Principal Michael Cohen said could range from $250,000 to $350,000 in price.

Recommended for you

Recommended for you

(1) comment

vincent wei

I love the magical thinking by the Yimby's ....this "could reduce the jobs/housing imbalance in San Mateo" ……..notice nowhere to be found is the word "WILL" reduce…....
This 190 unit development is for market rate homes... Don’t let the Trojan horse of minimal affordable fool you.
The fact is that there is already plenty of market rate housing available on the Peninsula.
Realtor.com lists 1158 homes available for sale in San Mateo County TODAY...Zillow lists 889 homes available today for sale....Apartments.com lists 1276 apartments in San Mateo County currently available for rent… on Trulia, there are 312 single family homes available for rent today in San Mateo County.
And further, are rents of $3,000 to $5,000 for studios and one and two bedroom units, such as we see in places like Station Green, really going to solve the affordability crisis?
How much have the thousands of units already built (in the city of San Mateo alone), at Bay Meadows and in the TOD zone, lowered the price of housing in San Mateo?
I would argue that it has actually raised the price of housing by gentrifying what were formally lower income tracts on the eastside of the city.
These projects are home runs for developers, along with all the other market rate stack and pack developments that are being approved under the guise of TOD and “magically” being promoted as somehow solving the housing affordability crisis.
The approval numbers, even when you include the market rate numbers, are so far off the scale of what is actually necessary to solve the crisis, that it is laughable. We would have to double the size of the Bay Area and other coastal cities in California to come close to doing that.
And “could” you imagine what that would be like?

Welcome to the discussion.

Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.

Thank you for visiting the Daily Journal.

Please purchase a Premium Subscription to continue reading. To continue, please log in, or sign up for a new account.

We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.

A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!

Want to join the discussion?

Only subscribers can view and post comments on articles.

Already a subscriber? Login Here