Redwood City leaders are considering a less ambitious plan for the Sequoia station redevelopment that includes less office space.
REDWOOD CITY — After years of planning, Redwood City leaders are once again considering changes to the redevelopment of Sequoia Station. The new proposal eliminates thousands of square feet of office space, adds more housing units and envisions a new elevated Caltrain station.
Creating a new Transit District would also help realize the city’s housing goals. The estimated 1,100 residential units include 165 to 220 deed-restricted affordable units. The office uses would require in-lieu fees of $29 million or about 123 deed-restricted affordable homes. “This project will bring quality of life benefits to the area by improving local traffic flow and access to transit restaurants, businesses, and vital services, helping invigorate the economic vitality of Redwood City and the region while allowing train service to increase and meet statewide and regional mobility needs,” Executive Director Michelle Bouchard said in a letter sent Nov. 15.
Sapirman said the inclusion of 1,100 new homes in the plan will help the city make significant headway on its state-mandated housing production goals. The new plan, Sapirman notes, will allow Redwood City to use just 16 acres of land to satisfy almost 25% of its state-mandated housing goals, “and developing housing in a service and the transit-rich area is a rare and high impact opportunity.”
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