Will the residential dwellings be rented or for sale units, and what will be the cost of the property?

The Property Owner has the ability to decide if they will rent or sell the units as condominiums. The Development Agreement is structured such that the Property Owner must elect to pay an additional $5M public benefit payment prior to initial occupancy, if they want the ability to sell the units as condominiums in the future. Staff anticipates the Property Owner to elect this option, even if they decide to rent the units initially. The prices for the non-affordable units will be based on market rate pricing.

Show All Answers

1. What was the final City Council vote on the Mills Park Project at the July 9 meeting?
2. What is Measure N and the Transit Corridors Plan (TCP) and how does this impact the proposed Mills Park Center Development Project?
3. Is the Mills Park Center Development Project the densest and largest project in the City?
4. How will this impact traffic, deliveries, loading?
5. What about parking Impacts to the neighborhood, residential parking, library parking?
6. What is it height of this project, and how will it impact my view?
7. What is going to happen to White Way and Camino Plaza?
8. Will the development provide affordable housing?
9. Will the residential dwellings be rented or for sale units, and what will be the cost of the property?
10. How do I contact the City Council to express my opinion on the Mills Park Project?