[jbradway]

Originally Posted by wburg

It's kind of buried in the consent calendar, but on Tuesday the City Council will approve $10.8 million in Prop 1C money (coming from the state and the feds) to build infrastructure for a transit-oriented residential building in the Railyards--basically, the streets, water, sewer and electric lines running to the site. The location is Lots 7A1 and 7A2, at the corner of 6th and Railyards just past where the 6th Street bridge will land. It looks like there is a developer, Chelsea Investment, based in San Diego (travis? any thoughts?) and their plan is for two buildings, a market-rate building with 112 units and an affordable-housing building with 139 units, each on about a half-acre and from 1-3 bedrooms, so figure it's at least mid-rise in height. It will be located a block from the 7th Street light rail station (there will be a station at 7th and Railyards) for convenient transit access. Before people freak out about the "affordable" part, they are intended for 40-50% median housing affordability, which means people who make like $30-50,000 a year, meaning office workers, retail managers etcetera, what is called "workforce housing." Sorry, no renderings, Serg and Majin, and it's still a few years out (they have to build the streets first!) but it's a plan for the first market-rate housing in the Railyards--and maybe a tipping point.

If my map is correct, those lots are on 6th street between Railyards Blvd and Camille Lane. Glad to see the Railyards moving forward. Even if it's slowly coming.