Discussions about the controversial North 40 project in Los Gatos came to a disappointing conclusion: The number of affordable housing units planned for the site may not reach expected levels.
At a special planning commission meeting on April 30, the second phase of the development was unveiled. It will include a mixed-use residential building with commercial space on the ground floor and 255 rental apartments, a building dedicated to affordable housing with space for an on-site manager, 127 townhomes, two commercial buildings and 3.5 acres of open space for public access. The first phase of the project, which was approved in 2017, saw the construction of 320 residential units, which included 50 affordable senior units and 66,800 square feet of commercial floor area.
Planning Commissioner Rob Stump said 364 affordable units were initially planned for the project’s second phase, but the number has decreased over the years. This news organization reported in 2023 that developer Grosvenor Property Americas had planned to include 90 affordable housing units for lower-income residents making less than 60% of the area’s median income. Now, the number has fallen to 77…