Silicon Valley's real estate boom echoes south, unfreezing Gilroy, Morgan Hill residential projects

Silicon Valley Business Journal

From the article:

The largest housing community ever proposed for Gilroy first surfaced in 1994. Only now, 20 years later, are the site's first homes close to going up.

Infrastructure work for first section of Glen Loma Ranch, the 1,600-unit master-planned project in the “Garlic Capital of the World,” should begin this spring, city officials said. Standard Pacific Homes, the Irvine-based public homebuilder, is expected to build the phase, consisting of about 370 single-family detached units.

The activity is the most visible example that the South County cities of Gilroy (population 50,000) and Morgan Hill (population 40,000) are sharing in the residential recovery that is now well under way in Silicon Valley cities located to the north.

“It first started up north of us, but we’re now seeing — as usually happens — the effects get to Gilroy,” said Augie Dent, a land-use consultant for Glen Loma Group, the family-owned firm that has built numerous residential and commercial projects in the city including the Gilroy outlet mall. It also owns the 359-acre Glen Loma Ranch, which occupies a swath of pristine agricultural land between Santa Teresa Boulevard and Uvas Creek.

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