Villagio

 

 
 
       
This is the first affordable housing development in Evergreen Valley. Its location, adjacent to a neighborhood shopping center, makes it very convenient for residents. One of the challenges of building this development was the need to comply with Evergreen's stringent traffic policy, however, the location of these senior housing units enabled the developer to ensure little or no impact on the traffic level of service (LOS).  
       
       
Completed:   Anticipated completion: 2002-03  
Location:   2855 The Villages Parkway  
Unit Mix:   79 units; 24 VLI/54 LI/1 Manager’s unit  
Unit per Acre:   40.3  
Developer:   JSM Enterprises  
Architect:   Ko Architects  
General Contractor:   Branagh, Inc.  
Property Manager:   California Real Estate Management Corp.  
Financing:   City of San José - $4,383,000;  
    Other Partners - $10,247,000  
 
Total Funding:   $14,630,000