The Palo Alto City Council is advancing two initiatives to combat the housing shortage in Silicon Valley. They have approved the removal of conditional use zoning restrictions at Stanford Research Park to allow residential developments and supported a seven-story affordable housing project downtown. With the goal of constructing over 6,000 housing units by 2031, Palo Alto is under pressure to meet state mandates. While this progress is encouraging, actual construction won't likely start until 2031 or later due to a phased approach in implementing changes.
Despite this progress, construction in the area is unlikely to begin before the current housing cycle concludes in 2031.
The ordinance aligns with the city's commitment in its housing plan, which it committed to remove conditional use requirements for residential projects.
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