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Uploaded: Wednesday, August 15, 2012, 9:41 AM
'Menlo Monopoly': Sites swap hands
New owners claim Beltramo's project and 1300 El Camino Real
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A community workshop to discuss potential new housing sites is scheduled for 6:30 p.m. Thursday, Aug. 16, at the Arrillaga Family Recreation Center, 700 Alma St. in Menlo Park. Another workshop will be held Thursday, Aug. 23, at 6:30 p.m. at the senior center at 100 Terminal Ave. in Menlo Park.
By Sandy Brundage
Almanac Staff Writer
Menlo Park needs more housing, at least according to the state, and with the downtown/El Camino Real specific plan in place, building that housing should be easier than it used to be.
Two developers are willing to test that theory on controversial sites with development agreements in place for years, although the developers fulfilling the vision will not be the same as the ones who started the process. Both 1460 El Camino Real -- otherwise known as the Beltramo's project -- and 1300 El Camino Real, the site that sparked a lawsuit filed by private citizens purportedly concerned about competition with local grocers from the envisioned grocery store on the site plan, were sold earlier this year.
In the case of 1460 El Camino Real, the Beltramos haggled with Menlo Park for years over the number of below-market-rate housing the 1.5-acre site needed to include. Starting with three, and ending at one, the city's decisions were guided in part by the perception of the Beltramos as local businessmen and small developers trying to save money in a tough economy. The final approval came in January 2011.
By March 2012, the site belonged to professional developer Hunter/Storm, based in Foster City. According to John Beltramo, discussions about the sale started about six months after the council's approval.
The timing raised a few eyebrows. "First, the applicant wanted relief on the BMR allocation. That was no small feat, but understanding that the applicant was not a professional developer and did not have the kind of resources a classic land developer would have, kind of played into the discussion," said Councilman Rich Cline.
"Speaking for myself, the way this property flipped hands so quickly has never sat well with me. We gave relief and in doing so basically passed on more entitlements for the applicant to sell."
But, he said, all landowners have a right to sell. "And this is the difficulty when approving projects requesting more entitlements -- that the applicant is just trying to get more out of the city to turn around and sell for more money."
Mayor Kirsten Keith, who also had input on the project while on the Planning Commission, declined to speculate about how her votes might have gone had the city been aware of a possible sale. "I am pleased that at least the project may get under way and be built and we will have another (below market rate) unit," she said.
1300 El Camino
The metamorphosis of 1300 El Camino Real, also in March, was not from small developer to large. The 3.5-acre property initially belonged to Sand Hill Properties, then transferred to Bayfront Investments, also in March. The city is keeping an eye on the property. As it looks for possible housing sites as part of a lawsuit settlement over non-compliance with state law, the city put on the list both 1300 El Camino Real and the site of the former Derry project.
The existing development approvals for the property at 1300 El Camino Real are valid through October 2013, according to Community Development Director Arlinda Heineck. Scott Hassan, of Willow Garage fame, also owns Bayfront Investments and is interested in building a mixed commercial/residential project, according to city staff. Ms. Heineck said that any new plans at that location would follow specific plan guidelines, which allow 32 to 50 housing units per acre.
Community meeting
Community workshops to discuss potential new housing sites are scheduled for Thursday, Aug. 16, at 6:30 p.m. at the Arrillaga Family Recreation Center (700 Alma St. in Menlo Park) and Thursday, Aug. 23, at 6:30 p.m. at the senior center at 100 Terminal Ave. in Menlo Park.
Go to the city's project website on the housing element update, which includes a list of 25 preliminary locations.
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Posted by why the surprise?, a resident of the Menlo Park: Allied Arts/Stanford Park neighborhood, on Aug 17, 2012 at 7:42 am Our Council has shown how naive and ignorant they are of basic land use law and principles. Yes, entitlements flow with the land.
And developers will find a way to maximize their profits regardless of what the city or community want; that's called "best and highest use" and just means that the use maximizes developer or property owner profit.
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Posted by WhoRUpeople, a resident of another community, on Aug 17, 2012 at 2:03 pm Sandy, a question. I can't decipher from your article whether or not the two new owners of these parcels are ready, willing and able to build high density housing or not. Are they? If so, how many units of the total the city needs to come up with would this represent. Also, why is staff continuing to study properties where the owners are not willing sellers or not developers if properties such as this represent real opportunities?
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Posted by why the surprise?, a resident of the Menlo Park: Allied Arts/Stanford Park neighborhood, on Aug 18, 2012 at 12:54 pm It's important to include all potential properties. This article points out clearly that owners change, and so do circumstances. Just because a current owner isn't interested doesn't mean that it's a bad site or that a future owner might be more interested.
See interesting other thread about housing.
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