New Housing Development in Sunnyvale
|Former AMD Headquarters acquired by Irvine Corporation|
(click image to enlarge)
Link to this page for sharing: https://meetingthetwain.blogspot.com/2019/05/irvine-co-housing-development-in.html
|Future AMD site as planned by the Irvine Corporation|
The issue came before the Sunnyvale City Council on Tuesday, April 23, 2019 as item number 4 on the agenda. The agenda with links to documentation is here:
Item #4 is here:
The visual depictions of what is planned are from Attachment 27 "Presentation to Council" on that above link. Other pictures as shown in associated links.
|Future Stewart Drive with 5-story apartments|
Existing trees along Stewart Dr. will be kept
Several Redwood trees will be moved (they can do that!)
|3 story Town-homes facing new 6.5 acre park|
|Projected low rise 3-story apartments on Stewart Ave.|
|Indian Wells Ave. (lower left) goes nowhere - it is an access road to residential buildings.|
It will be extended to E. Duane Ave. on the upper right in the picture.
This should help traffic flow to Lawrence Expressway.
If they couldn't make it "pencil out" financially as a residential development they would just leave it as a commercial office development - perhaps something like the picture below:
|A development in Houston. This can happen here!|
|50-Story building in Brooklyn|
Might have been one in Santa Clara
If the AMD site stayed commercial, we would not get the residences nor the park nor would Indian Wells Ave. provide an alternative route to Lawrence Expressway. We would get much more traffic because the office buildings would be higher and more densely packed than the existing AMD building.
|Drawn in 1900 - not too far from reality.|
The Irvine Co. has another apt. complex (Cherry Orchard Apartments) in Sunnyvale at 250 W El Camino Real, Sunnyvale, CA 94087 (Mathilda and El Camino - behind "Trader Joe's") which isn't too far off from what they are planning for the AMD site.
|Click image to enlarge|
There will be some BMR (Below Market Rate) housing for "Very Low Income" (VLI) households. Almost no one builds for VLI households. BMR housing is subsidized by rents from the market rate apartments. Builders would much rather build BMR housing units for "moderate income" renters with incomes up to 120% of area median income. That results in more BMR units but with less subsidy per unit. Some builders are afraid that the VLI tenants cause problems.
Also in my mind at the time was the progress of California Senate Bill SB-50 (and others) through various committees. There is currently a narrative that Silicon Valley cities like Sunnyvale don't mind allowing in new commercial buildings (and jobs) but balk at allowing new housing thus forcing housing further and further out causing more traffic. I do not wish to feed that narrative.
More on SB-50 here: https://meetingthetwain.blogspot.com/2019/04/forum-on-sb-50.html
Regardless of whether that is an accurate narrative, the bills that could become laws basically allow builders pretty much free rein in an attempt to foster as much residential building as possible. I would much rather have the housing we will get with the Irvine Co. project than what SB-50 would force upon us.
|207 Boylston, Seattle. Coming soon to a lot near you if SB-50 passes.|
We will get worse traffic no matter what so we'd better learn to deal with it. If you are a homeowner the increased density will make your home worth more so you can sell out for even more and leave for a less crazy place - if there are any. This "build more to make it cheaper" nonsense is everywhere - I always ask why, then, are Hong Kong and Lower Manhattan the most expensive areas in the world. I never get a real answer.
The Irvine proposal is the best we can ask for. I do not regret voting for it.