Redevelopment Opportunity - Fully Entitled Project

Highlights:

• Fully approved project and ready for building permits
• 7-story, 29-unit multi-family development
• Innovative mechanized parking system proposed
• Bathrooms are designed to be in each bedroom

Description:

SVN | Capital West Partners, as exclusive advisor, is excited to offer qualified buyers the opportunity to purchase a fully entitled transit-oriented residential development project located within the Lawrence Station Area Plan (LSAP) in Sunnyvale. The project entitlements include constructing a 7-story, 29-unit residential building on a half-acre site consisting of 5 levels of apartments over a 2-story parking and common area podium. The units are a mix of 4 bed x 4 bath, and 3 bed x 3 bath types, which can be occupied by a single family, or shared by multiple individuals. In the latter scenario, the unit is designed to offer everyone a private bathroom. The common amenities include a fitness room, a clubhouse, and a roof deck. 50 parking stalls are dedicated to the residential units via an innovative mechanized parking system.

Explore a rare development opportunity within the vibrant Sunnyvale submarket. Positioned in the heart of Silicon Valley, the area is surrounded by renowned tech giants and a hub of innovation, making it an ideal location for prospective developers. Located within walking distance of the Sunnyvale Caltrain Station. One of the most supply constrained housing markets in the country!

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