Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
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Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#2The elephant in the room wasn’t addressed. There is an affordable living developer involved yet no mention of pricing strategy? That said, hard to imagine it being any different than the highest of comps.
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#3(Dec 13, 2017) -
This is a great start. But I think we really need more like 100,000 new units built. Just to help reverse some of the astronomical housing prices.
I have no idea how a teacher would be able to live in SV and plan to have a family and everything else. At this rate, the housing costs are unsustainable. We wont be able to have a functioning city with all the needed staffing like teachers, nurses, sellers, etc.
I'm rather disappointed by lack of vision from SV and SV companies in this regard.
Apple has enough money that they could buy a huge block of land across the hills in Santa Cruz county. Build a large housing community of 10,000+ and hire the boring company to dig tunnel connecting that community to their new campus. Probably using autonomous electric shuttles.
That kind of housing project probably lessens the salary demands and I would imagine the project could not only pay for itself in 5-10 years, but it could also help increase Apple's retention rate.
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#4Article is actually from December 2017.
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#5The elephant in the room wasn’t addressed. There is an affordable living developer involved yet no mention of pricing strategy? That said, hard to imagine it being any different than the highest of comps.
Building more high income housing still reduces housing costs at the low end. Every person who rents in a new development - even if it's $5000/month - is a person who isn't competing in a lower cost market.
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#6How long will it take for people to actually move in?
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#7(Dec 13, 2017) - This is a great start. But I think we really need more like 100,000 new units built. Just to help reverse some of the astronomical housing prices. I have no idea how a teacher would be able to live in SV and plan to have a family and everything else. At this rate, the housing costs are unsustainable. We wont be able to have a functioning city with all the needed staffing like teachers, nurses, seller…
It’s not the industries issue, it’s the NIMBYism that has been at the heart of the Bay Area for decades, especially the peninsula.
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#8Those have to be condos, right? There isn't acreage for 10k single family homes in that area...
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#9Those have to be condos, right? There isn't acreage for 10k single family homes in that area...
Ideally a mixture of medium and high rise condos and some higher density single family homes, duplexes and town/row houses would be great.
Re: Mountain View approves 10,000 homes by Google's North Bayshore project (2017)
#10I hope they also invest in roads and mass transit. A lot of residents in those 10K new homes will be working outside of North Bayshore. Heck, even if one is working at Google, it could be at any other myriad campuses across Sunnyvale / San Jose / Mt View. There would also be kids, who need to be transported to schools.
Without roads and transit improvements, North Bayshore can easily turn into a nightmare.