8897 Monterey St, Gilroy, CA 95020

A potential high-density development project has emerged, offering a promising opportunity for urban growth and community enhancement. Here are the key details of this exciting venture:

Development Site: The site under consideration has the capacity to accommodate up to 50 units, along with commercial spaces. This presents a significant opportunity for creating a vibrant and diverse living environment within the urban landscape.

Unit Specifications: The proposed condos are estimated to be around 850 sq. ft each, offering a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom configurations. This variety aims to cater to the diverse housing needs of potential residents.

Expansion Potential: An adjacent neighbor, owning a substantial parcel of over an acre, has shown interest in selling their property. This presents the possibility of an assemblage deal, effectively doubling the available land for development. Such an expansion could transform the project and provide a comprehensive city block for integrated development.