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On August 17, 2023, the Planning Commission approved an application for redevelopment of 513, 515, and 519 Soquel Avenue, including demolition of both existing structures and related site features and construction of three new buildings.
Forty-three residential units and approximately 1,510 square feet of ground-floor commercial space totaling 52,486 square feet of gross floor area will be part of the new build. The development features a 17,124 square-foot mixed-use building with 26 single-room occupancy units, a second 19,160 square-foot building with 14 residential units, and a third 1,865 square-foot building housing three residential units. The project also includes a 14,247 square-foot mostly subterranean parking garage for bicycle parking, storage, and 39 vehicle parking spaces.
Each of the three existing lots which compose the project site has a different General Plan designation, and the lots collectively have two separate zoning designations, which the project combines to form a single consolidated lot while retaining the underlying Genal Plan and zoning designation for each constituent area of the project site.
The development provides 20% of the units at very-low income and low-income levels to allow for a 35% density bonus and the use of waivers for increased floor area ratio and building height and variations from setbacks and open space requirements. The project includes an air-rights subdivision in which each building is mapped as a separate condominium, while the units within will remain rental apartments. No appeal of the project was filed, and entitlement of the project is now effective. The timing for building permit application submittal has not yet been determined by the applicant.
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