Agrihood is nearly complete, but one final parcel remains vacant. Now is the time to finish the vision, and we need your support.
The Core Companies is proposing 44 for-sale townhomes in place of the previously approved apartment project. The proposal offers a realistic path to construction today, rather than waiting for uncertain market conditions to shift in the future. The choice is not 160 apartments or 44 townhomes today. It is between townhomes with a path to construction and an apartment proposal that no longer pencils.
Learn more about the Agrihood townhomes proposal in the Mercury News.
Help complete Agrihood. Support the 44-townhome proposal and bring the final chapter of this long-planned community to life with new homeownership opportunities for Santa Clara residents.
The proposed Agrihood townhomes require approval from the City of Santa Clara and will be considered by the Santa Clara Planning Commission on October 7.
Your support is needed now. A strong community response can help demonstrate that residents want to see Agrihood completed rather than leaving this final parcel vacant.
Submit a letter of support today and help bring new housing to Santa Clara.
The proposal will provide 44 new for-sale townhomes, expanding homeownership opportunities in Santa Clara. These townhomes offer a rare chance for families, young professionals, and longtime Santa Clarans to put down roots in a community designed around sustainability, inclusion, and well-being. Most importantly, the proposal is designed around today’s market conditions and offers a realistic path to construction.
The original apartment proposal was developed under different economic conditions and since then, higher interest rates, increased construction costs, and changing financing requirements have made many apartment developments financially infeasible. ULI has told the City directly that dense, market-rate housing is extraordinarily difficult to finance and build under current conditions. The townhome proposal is the option currently positioned to move from planning to construction.
Yes. Fifteen percent of the homes will be sold below market rate, consistent with Santa Clara’s requirements for ownership housing projects. These homes will help expand access to homeownership for residents who may otherwise be unable to purchase a home in Santa Clara.
If the townhome proposal is not approved by the Santa Clara Planning Commission, the site could remain unchanged for years. The original apartment proposal is not currently considered financially feasible, and there is no alternative path to building housing on the site. The Agrihood proposal offers the opportunity to deliver 44 new homes, including below-market-rate ownership opportunities, that can move forward today.
