Redwood City gets two development proposals

The city also received a 68-townhome proposal at 1125 Arguello St. from developer Warmington Residential late last month and 10 of those units are listed as “moderate affordable” units, which means they’re available to those earning 120 percent of area median income.

A single person making $99,450 a year or a family of four earning $142,100 annually would qualify for those units, while “low income” units are for single people making $82,000 a year, for example, or a family of four bringing in $117,400 a year.

The townhome development proposal at the corner of Arguello Street and Whipple Avenue encompasses 10 buildings with a max height of three stories, or 40 feet, and there will be 161 parking spaces, 23 of which will be available to the public. The site is currently home to an A-1 Rental Center and boxing gym, which will both be demolished to make way for the townhomes, said Associate Planning Apollo Rojas, adding that the first hearing for the proposal is likely a few months out.

Greystar’s 38-unit affordable development will be processed concurrently with the South Main mixed-used project, city spokeswoman Meghan Horrigan said. That proposal was delivered to the city at the beginning of 2018 and includes a total of 252 residential units for rent, 550,143 square feet of office space, 27,737 square feet of retail, 1,601 parking spaces plus an 8,563 square-foot childcare center. The plans were since revised to include a family-friendly retail use and additional pedestrian connection and were resubmitted in January of this year.

In total, there are 97 below-market-rate units associated with the South Main mixed-use development, including 22 replacement units if Greystar purchases and redevelops a city-owned property at 1306 Main St. Those units aside, the project is offering a net increase of 76 below-market-rate units, both offsite and onsite, including 38 units at the very low income level, 38 at the low income level and 21 at the moderate level.

Horrigan said next steps for the proposal are environmental and design review, including a Planning Commission hearing, and the project will likely go before the Architectural Advisory Committee, Historic Resources Advisory Committee and Complete Streets Advisory Committee this summer.

zachary@smdailyjournal.com

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