Almaden Lake Apartments

 

 
 
       
Nestled in a hillside in South San José’s popular Almaden Valley, this 100% affordable rental development backs up to permanent open space, is adjacent to a City-owned regional park and is located a block away from a light rail station. Developed in conjunction with a for-sale single-family development (see Homes at Almaden Lake), families enjoy shared facilities including a pool, community center and tot lot.  
       
       
Completed:   1994-95  
Location:   978 Almaden Lake Drive @ Winfield Boulevard  
Unit Mix:   144 family rental units; 144 VLI  
Unit per Acre:   27.5  
Developer:   BRIDGE Housing Corp.  
Architect:   David Baker & Associates  
General Contractor:   L & D Construction & Devcon Construction  
Property Manager:   BRIDGE Property Management Company  
Financing:   City of San José - $5,913,000  
    Other Partners - $17,259,230  
 
Total Funding:   $23,172,230