KT Urban’s Westport Cupertino will provide much-needed affordable senior housing in Cupertino
April 29, 2020, Cupertino, Calif. – Cupertino-based KT Urban, a real estate development and investment company, received unanimous approval by the City of Cupertino Environmental Review Committee last week to move forward with their plans for an enhanced senior and family living project, Westport Cupertino. Located at 21267 Stevens Creek Boulevard in Cupertino, the project will include 206 senior living units, including 48 units offering affordable senior living and 27 memory care residences, as well as 88 units of single-family homes (row homes and townhouses).
“Westport Cupertino provides a real opportunity for the City to address the challenges created by the recent housing crisis, while also meeting the needs of a segment of the population with unique housing requirements,” said Mark Tersini, Principal at KT Urban. “With a major shortage of senior housing in Cupertino, we’re excited to deliver an affordable and high-quality option that allows people of all ages to live together as a community.”
Westport Cupertino exceeds the City of Cupertino’s inclusionary (BMR) Housing Program with plans to offer more than 20 percent of the allowed units at affordable rates. Amenities will include an onsite library, theater, lounge, restaurant, café, roof deck and terrace, medical offices, and exercise rooms providing a range of activities and support for senior residents. The project will also include below-grade parking, electrical vehicle charging stations, and bicycle parking.
Integrating community outreach into the development process, KT Urban plans to engage with Cupertino residents to provide information and encourage feedback in upcoming months.
About KT Urban
Based in Cupertino, KT Urban is a real estate and development and investment company that leverages its residential, commercial, and industrial experience to create transformative suburban, urban, and downtown development projects. Utilizing an experienced management team and strong financial network to acquire and develop quality projects in the greater Bay Area and beyond, the company has a proven track record of delivering results. To learn more, visit https://kturban.com/.