iStar parcel is approved for new Costco and up to 780 units of housing

Silicon Valley Business Journal

From the article:

The council approved a package of land-use changes that would allow up to 780 residential units, 154,000 square feet of retail and 260,000 square feet of office/R&D on the site. (Only 720 residential units are actually proposed.)

The changes, which have long been in the works, convert some commercial-zoned land to residential, noted councilman Pierluigi Oliverio, who voted against the zoning because he believes in preserving the land purely for adding jobs. (About a million square feet of the parcel's office capacity will be transferred elsewhere in Edenvale, which is not exactly running out of development allocation.)

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