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Morley Bros. and Bixby eye 409 homes on Santa Clara-San Jose line
Redeveloped office campus would include 298 apartments and 111 townhomes
The Morley Bros. and Bixby Land want to replace a 226,500-square-foot office campus straddling Santa Clara and San Jose with 409 homes.
The Los Gatos-based Morley Bros. filed plans to demolish four two-story office buildings at University Station to make way for apartments and townhomes at 451, 469, 471 and 475 El Camino Real, the Silicon Valley Business Journal reported.
Plans for the redeveloped University Station across from Santa Clara University and Santa Clara Station call for 298 apartments and 111 townhomes, with 62 units of affordable housing.
The 11-acre office campus is owned by Newport Beach-based Bixby Land, of which a sliver is located in San Jose. The assessed value of the land is $82 million.
A small shopping center by the Caltrain station will stay open, according to SFYimby.
The project, designed by Los Angeles-based KTGY, will include a four-story, 298-unit apartment complex, sheathed in gray with charcoal and brown trim, according to renderings. The townhomes will have a similar scheme and include Juliet balconies and lap siding.
The Morley Bros.’ application will be reviewed by planning commissions in Santa Clara and San Jose by 2025, according to the Business Journal.
If approved, the project could break ground in 2026 and finish in 2028, according to Morley Bros., which filed a preliminary application last year under Senate Bill 330 to streamline approvals and build a larger development than allowed by local zoning rules.
The new University Station would allow residents easy access to Caltrain, the VTA and a proposed BART Station. Residents would also be located near stores, offices, a hotel and the Santa Clara University campus.
The Morley Bros., founded in 2002 by Eric and Sean Morley, has secured development approvals for more than 30 million square feet of commercial real estate and 16,000 homes across 121 projects, according to its website.
This month, the company acted as a development consultant to help the Demmon Family Partnership file preliminary plans to build 324 apartments at the Pruneridge Golf Club at 400 North Saratoga Avenue in Santa Clara.
At the same time, Bixby Land secured $63.9 million in loans for two industrial buildings containing nearly 300,000 square feet in San Bernardino, according to the Commercial Observer.
— Dana Bartholomew
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