California Grove
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| In a Redevelopment Project Area, this development of for-sale flats and townhomes is within walking distance to a light rail station and offers its residents many amenities, including a five-acre park, tennis court, baseball field, swimming pool and spa. To meet the project’s 15% Redevelopment Inclusionary Housing requirement, the City took equity mortgages on the 23 moderate income-restricted units without providing direct financing to the project. | |||
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| Completed: | 1994-95 | ||
| Location: | Santa Teresa Boulevard & Lissow Drive | ||
| Unit Mix: | 252 ownership units | ||
| Unit per Acre: | 12.9 | ||
| Developer: | Kaufman & Broad | ||
| Architect: | Kaufman & Broad | ||
| General Contractor: | Kaufman & Broad | ||
| Property Manager: | Homeowners Association | ||
| Financing: | City of San José - $0 | ||
| Other Partners - $42,500,000 | |||
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| Total Funding: | $42,500,000 | ||
Projects : Site Map of Projects : South Sector : California Grove