"They initially planned to demolish the existing commercial and retail buildings on the site at at 15495 Los Gatos Blvd. and construct two apartment buildings with a total of 238 units, with 48, or 20%, of them to be set aside as affordable. The developers initially tried to argue that their project would qualify for a limited environmental impact report due to an exemption in the California Environmental Quality Act for infill projects under a certain acreage."
"The project clocked in at 61.7 dwelling units per acre. According to the town, the maximum density allowed by the General Plan is 20 dwelling units per acre. Town staff also said the project didn't qualify for waivers under state Density Bonus Law for this reason and that if they wanted to deviate from the town's objective requirements, they would need to invoke builders' remedy."
Green Valley Corporation, affiliated with Swenson Builders, submitted a preliminary Newtown application on March 19, 2024, originally proposing demolition of commercial buildings at 15495 Los Gatos Blvd. to build two apartment buildings totaling 238 units with 48 affordable units. The developers sought a limited environmental impact report exemption for infill acreage but exceeded allowable density at 61.7 dwelling units per acre versus the General Plan maximum of 20. Town staff said the project did not qualify for Density Bonus waivers and would require a builders' remedy to deviate from objective requirements. A revised Residence at Newtown application filed Nov. 13 proposes 80 three-story townhomes across 10 buildings on 3.86 acres, with 33 three-bedroom and 47 four-bedroom units, maximum 40-foot building heights, and onsite walking, gathering, landscaping, dog run, and barbecue amenities.
Read at www.mercurynews.com
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