By Meghan Hall
Situated at the heart of Silicon Valley between San Mateo and Palo Alto has benefited over the past several years, with major technology companies such as Oracle Corporation, Kaiser and Electronic Arts making up for a large chunk of the City’s employment. Employment growth has increased the need for housing, and the City has seen close to twenty residential projects proposed or completed since 2008. The newest of these projects, proposed by LMT Home Corporation, would build 72 residential units over one level of structured parking at 150 Charter St. in a growing part of town.
The project site is currently occupied by a Mi Rancho supermarket, which would likely be demolished to make way for the new development. The 78,341 square foot lot would accommodate two buildings, according to project plans, one single-story and one four-story structure. 144 parking spaces for residential use and 19 parking spaces for guests, for a total of 163 vehicle spots are also proposed. Biking parking, a dog run with synthetic turf, a residential courtyard, as well as a second-floor community room are also part of the project plans.
The project site is located right by El Camino Real and State Route 84, and backs up to a shopping center anchored by a Target and a Marshalls. A Costco Wholesale is a short drive away, as is downtown Redwood City with numerous shops and restaurants.
Project documents indicate that the developer is looking at four types of residential units, with unit types A, B and C spanning several floors, while unit type D is arranged on a single level. Plans show that unit types A, B and C will be three bedroom units, while unit type D will be two bedrooms.
The project will be designed by Levy Design Partners and the preliminary plans indicate that the exterior of the building will be clad in a mix of two colors of cement plaster, horizontal fiber cement lap siding, stone veneer and composite wood.
Currently, the City is reviewing the project application and evaluating the proposal before deeming it complete. In the coming months, the project will undergo environmental review before public hearings and final city approval will be granted.
LMT Home Corporation did not immediately respond to The Registry’s request for comment.