South Stockton’s Long-Empty Lot Poised To Become $43 Million All-Electric Senior Hub

A long-vacant lot in South Stockton is finally on track to become homes for older residents instead of just another empty stretch of pavement. Fairview Terrace, a 76-unit, all-electric affordable senior-housing community, is slated to break ground as soon as April 2026.

According to CBS Sacramento, the development is planned for 2222 South Airport Way and has grown into roughly a $43 million project. The plan also reserves space for the nonprofit Stocktonians Taking Action to Neutralize Drugs to operate on-site, and the outlet reports that the City Council recently approved additional city funding to keep the deal moving.

All-electric, community-focused design

The California Energy Commission describes Fairview Terrace as a four-story, urban-infill, 100-percent affordable, all-electric development that will pilot grid-interactive and zero-emission technologies in a disadvantaged neighborhood.

Plans call for a mix of studios along with one- and two-bedroom apartments, plus a community kitchen, outdoor recreation space, urban agriculture plots, electric-vehicle charging and tenant services. In other words, it is designed to be more than just a place to sleep, with on-site amenities meant to support day-to-day living and community life for older residents.

Funding and financing

City of Stockton records show Fairview Terrace was recommended for about $7,037,865 in local housing loan awards through Stockton’s 2024 Notice of Funding Availability, a key chunk of money developers are relying on to close the financing gap…

Story continues

TRENDING NOW

LATEST LOCAL NEWS