Palo Alto has approved a 368-apartment complex at the former Fish Market site on El Camino Real, a significant project from Acclaim Companies. This initiative reflects the City Council's new housing vision aiming for extensive development along El Camino Real in south Palo Alto. The project leverages the builder's remedy provision, allowing it to bypass normal zoning limitations due to the lack of approved housing plans. The council has embraced this project, updating zoning regulations to support housing development, including 74 below-market-rate units, marking a significant contribution to affordable housing in the city.
The updates under consideration strike an important balance, offering developers the clarity and flexibility required to build housing in a time of dire need for more units.
The project exemplifies the City Council's vision for housing, which calls for going big on El Camino Real in south Palo Alto, as it reflects an evolving response to housing developments.
Collection
[
|
...
]