Prospective tenants have through Sunday to apply to live at The Panoramic.
The owners of 1900 Fourth St. sued Berkeley over the city's denial of their SB35 housing application. The law allows almost automatic approval of complexes where 50% of the units are "affordable."
The new proposal could result in hundreds of housing units on the Ashby BART parking lot, narrower tree-lined streets, and new intersections. Learn more at a community meeting tonight.
Citing the "tremendous" need for new housing in Berkeley, and its location near BART along key transit lines, officials overturned a zoning board vote to reject a five-story "co-living" project at Shattuck and Ashby.
Smart, specifically affordable infill development has been Kate’s focus. She has gotten developers to raise the fees they pay the city and increase the number of affordable units they build.
Arguments for Measure O contend it will cost average residents $97 a year. But those with newer houses will pay 3-10 times more over 36 years than older residents because their baseline assessment is much higher.
Measure O will raise $135M in bonds that can be leveraged to bring in $500M to build more affordable housing for very-low-income, low-income, and moderate-income people.
The city was not swayed by the developers' appeal for a 260-unit complex with 130 affordable apartments.
The hotel only went forward after the Council twice agreed to defer fees owed by the developer. That lowered the developers' upfront costs and increased profit margins.
A much-revised proposal for 3000 Shattuck Ave., which features dorm-like larger units, was rejected by ZAB on June 28 — its third time before the board.
West Berkeley Investments said Berkeley erred when it decided its project, with 130 affordable units, could not be fast-tracked under SB 35.
Like other large development proposals in Berkeley, this unusual dorm-like co-living project is testing opinions on what’s needed to best solve the city’s housing crisis.