Two veteran South Bay developers will have to work double-time to realize their vision of a project of more than 1,700 from the tee to the green.
The project spearheaded by Lakeside Communities partners Tony Arreola and Mark Lazzarini is planned on the 113 acres of the shuttered Pleasant Hills Golf Course, the San Jose Mercury-News reported.
The site is an unincorporated patch of Santa Clara County, bounded on three sides by San Jose, its largest city. Lakeside recently filed plans with the Santa Clara County Planning Department, but the location at 2050 South White Road means that officials with the City of San Jose also will have some purview over the project.
Arreola seemed ready for the double duty on the bureaucratic and political fronts and on top of his own marketing message, pitching the project as a development that “achieves a balance between the community’s interests, the county and city’s housing objectives and the developer’s goal of creating a world-class development plan.”
The total of 1,716 housing units called for in the plan filed by Lakeside would include 1,374 market-rate, for-sale houses and 342 high-density apartments set aside at affordable rates for seniors and others. There also would be about 50,000 square feet of retail space and a public plaza.
Arreola said Lakeside is ready to go on the project despite the relatively high interest rates that have numerous projects by fellow developers on hold.
“The project can be built now and avoid sitting on a shelf for years accumulating dust,” Arreola said.
The developers said they are hopeful that Santa Clara County will approve the project by the end of this year, with San Jose giving a green light sometime next year.