Santana Row is set to launch a significant housing development, the first in ten years, featuring a 258-unit apartment complex aimed at younger workers. This project, located at 358 Hatton Street, currently a parking lot, will take approximately 26 months to construct, with expectations to complete it by 2027. The development is part of the mixed-use neighborhood that includes shops, offices, and open spaces, enhancing the overall ecosystem. Recently, the sale of a neighboring apartment complex underscored strong market validation for this housing initiative.
The new Santana Row housing development would be built at 358 Hatton St., a surface parking lot in the mixed-use destination neighborhood, targeting younger workers.
We expect to deliver the housing in 2027, and it's the first new residential project at Santana Row in 10 years, indicating significant development progress.
This development will consist of rental units, essential for adding to the overall ecosystem of Santana Row and accommodating the needs of the growing workforce.
The Levare sale at Santana Row for $73.1 million validated the market, showcasing high demand with a price of $677,000 per unit in South Bay.
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