Q Village has tweaked a proposal to rehab former Coast Guard housing in Concord by adding more than 500 homes.
The Las Vegas-based developer has unveiled new plans for the surplus government housing at 3295 Haleakala Street by adding 508 apartments and townhomes, the San Francisco Business Times reported.
Q Village bought the 60-acre Concord Villages apartments site at auction in 2021 for $58.4 million.
In August, the firm led by Eddie Haddad and Georges Maalouf had threatened to invoke the state builder’s remedy to renovate 286 former Coast Guard apartments, seeking to use the state housing loophole for automatic approval. It never made a formal application.
New plans for the project dubbed Victory Village call for renovating 206 Coast Guard apartments across 25.8 acres, slated to be reviewed by a city design board this week. It’s not clear what the developer plans to do with the remaining 80 apartments.
Q Village will then formally apply to build a new complex called Quinault Village, with 508 townhomes and apartments on the remaining 34 acres, to be reviewed early next year, according to a staff report.
The site is now zoned for military use, and would require new zoning in order to renovate or redevelop the apartments.
The City of Concord, which had tried to buy the property in 2018, wants to replace the former military site with as many as 800 homes. The city has a state-mandated housing goal to build 5,073 homes by 2031.
The site, once owned by the U.S. Navy, was turned over to the Coast Guard 14 years ago before it was auctioned off to Q Village in 2021. It includes 82 apartment buildings a mile from the North Concord BART station.
Bryan Wenter, a Walnut Creek-based attorney at Miller Starr Regalia who worked with Q Village, said last year the developer had submitted the builder’s remedy application to move ahead on the apartment renovations after years of talks with the city ended in a stalemate.
He said the high cost of construction made it financially infeasible to build new homes before renovating the existing ones.
— Dana Bartholomew
Read more
Residential
San Francisco
Q Village invokes builder’s remedy to revamp military homes in Concord
Residential
San Francisco
Vegas developers bet on renovating 286 former military homes in Concord