Real Estate

With its central pool, palm trees and great room veranda balcony views, 405 Alberto Way became the first official Senate Bill 330 proposal to move from pre-application stage to a genuine project in-play in Los Gatos, last week. SB 330, which went into effect on...

Community members got a sense of where the Town thinks residential development should sprout in the coming years, during an online meeting March 31. The digital forum gave residents an overview of how the “Housing Element” section of the General Plan will come together, and...

The Los Gatos Town Council voted to support increasing—to 40 units-per-acre—the number of homes the developer of the North 40 mixed-use project can build, during a milestone General Plan debate, Monday. But the elected officials opted not to require a floor of 30 units-per-acre, as...

Grosvenor Property Americas, the developer of the large mixed-use project called the North 40 located just south of San Jose and Campbell, says it will donate nearly two acres of land to affordable housing builder Eden Housing. Its comprehensive Phase II plan, submitted to the...

Despite Town Council having already decided on how much housing to plan for when it passed the 2040 General Plan earlier this year, an organization pushing for slow growth had managed to get a couple key parts of it put on hold. But the group...

After a “public hearing” that didn’t attract any public commenters, Planning Commission approved a four-condo development that staff had initially recommended against, July 27. It almost didn’t even happen, as 10 minutes into the meeting the applicant hadn’t shown up to the Zoom meeting—so...

One of the developers behind the North 40 project along Highway 17 in Los Gatos has brought the town’s former mayor, Marcia Jensen, on board to launch a consultancy. The Bachman Avenue-headquartered Harmonie Park Development, a company with around 10 million square feet under management,...

Mike Wasserman, the former Los Gatos mayor and current county supervisor, is moving—but not that far. Only six inches, in fact. Wasserman, who along with his wife Kim have owned and lived at 68 Broadway near downtown since 1984, is moving to a new home currently...

Los Gatos submitted its draft Housing Element plan, which sets out how the Town plans to grow the number of residential units in the community, to State officials Oct. 14. While the Housing Element approach to urban planning has been with California for decades, only...

Paul Gunsky navigates his way around the boxes stacked up next to the concession booth inside Los Gatos’ classic theater building. The CineLux CEO—who jokingly refers to his title as “head popcorn popper”—has been crossing the t’s and dotting the i’s as his company edges...