City of Belmont | New Bay Area Development Projects #1

City of Belmont | New Bay Area Development Projects #1

Welcome to my new series! We will be reviewing what developments are happening in every city across the Bay Area. Many of you that are local here see projects and construction happening but did you know that most cities have plans to redevelop areas over the next 15 years?


Let’s learn about how Belmont is set up right now.There is approximately 2,955 acres in the current city limits with an additional 62 acres of land contained within the planning area. 46% of the land is dedicated to residential land use which is a very small ratio compared to most cities. This is why Belmont is such a popular location for their privacy. Amongst the 46%, 41% of the land are Single Family homes. 4% of the land has multifamily units and there are some duplexes in the Sterling Downs and Homeview neighborhoods.


So where are we heading to? The biggest projects coming down the pipeline is the Belmont Village Mixed use land and the Corridor mixed used land projects which are right across from each other. This is a 2035 General Plan but it gives you an idea what will be happening as there are projects already underway. Take a look at the map here. You can see that the changes will be mostly near the Caltrain station between Ralston and El Camino Real. Most of these areas will be much more dense with condos, apartment rentals, affordable housing, and mixed use retail space on the ground level.


What are examples of these projects? Here are a few coming that you can expect over the next few years. Here are pictures of Artisan Crossing. This complex will be a 4 story 250 unit multifamily residential building ranging from studios to 2 Bedroom units. 15% will be affordable units.


Another development will be 800-803 Belmont avenue.This will be on the south side of Belmont Avenue and will have a total of 125 residential apartments. They will range between 1 to 3 bedroom units.


Another development will be called Firehouse Square. This will be on the corner of El Camino Real and O’Neill Avenue which will be a 4 story mixed used building with 65 affordable rental units, 3,748 square feet of retail and commercial space on the ground level, and 15 townhomes which will be for sale at market rate.


The last one at this time is the project on Hill Street and El Camino Real. This is a 100% affordable housing project and will be a 37 unit residential project. These are slated to all be one bedroom rental units. Companies like Google and Facebook have poured hundreds of Millions of dollars for these types of affordable housing developments.


I hope this was helpful to see what is coming down the immediate pipeline in a quiet town of Belmont! Leave a comment with what you think and if there are any cities I should cover next!

--

If you’re interested in buying, selling, or investing in residential or commercial real estate in the 📍SF Bay Area, contact me today!


📧Spencer@spencerhsu.com

📞 (408) 547-4590

⏰ Set up a time to chat: https://calendly.com/spencerhsure

🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/

🎙️ Listen to my podcast: https://redcircle.com/shows/bayarearealestate

📸Follow me on Instagram: https://www.instagram.com/spencerhsure

🧑‍💼 Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu

🛎 Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7

🏠💲 Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW

--

My Background: Born and raised in the Bay Area, I spent 11 years as Technology Sales Manager before becoming a Realtor. Having personally invested and done renovations through house flips in the Bay Area, I wanted to help busy professionals in the Bay Area tech industry find their dream home by leveraging tech, data and local insights. Our team specializes in creating trusted frameworks of buying, selling, and investing in the Bay Area. In 2022, we are thrilled to share that we have helped 80 clients in the Bay Area with their moves, which positions our team as the Top 1% groups in the country. Looking forward to helping you into your next home and save/earn you more money!

Spencer Hsu, MBA, Realtor

Spencer@SpencerHsu.com

408-547-4590

EXP Realty DRE #02077253

https://www.homesbyspencerhsu.com/

#BayAreaRealEstate

Avsnitt(362)

Where can you get the BEST newer construction Single Family Home in Newark California?

Where can you get the BEST newer construction Single Family Home in Newark California?

Explore Luxury Living at 36136 Forestwood Dr, Newark | Dream Family HomeDiscover the epitome of luxury in Newark's lively real estate scene at 36136 Forestwood Dr. This exquisite single-level home offers a perfect blend of style and functionality across 2,113 sq ft, with four bedrooms and three bathrooms designed to cater to the modern family.Step inside to find a spacious Jack and Jill bedroom setup, an open-plan chef's kitchen with quartz countertops and top-tier appliances, and a grand great room illuminated by natural light, complete with a chic modern fireplace. The expansive lot features low-maintenance astroturf and an outdoor kitchen setup perfect for entertaining.Additional luxuries include a tankless water heater, EV charging, and potential for solar enhancements. Located near top tech employers like Meta and Tesla and surrounded by essential amenities, this home is not just a residence but a lifestyle choice.🔑 Ready to make 36136 Forestwood Dr your new home? Contact us for a private tour and immerse yourself in the luxury that awaits.🏡 Check out our playlist for more stunning properties in Newark and the Bay Area.🔔 Subscribe for the latest in luxury listings!Thank you for watching!

25 Apr 20242min

Discover Emerson Park: Model Home Tours in Fremont, CA by Toll Brothers

Discover Emerson Park: Model Home Tours in Fremont, CA by Toll Brothers

Step inside the luxurious Emerson Park model homes by Toll Brothers, starting at $1,249,619. Could you envision yourself living here? 🤔📲 Contact me for more details and to schedule your tour! #tollbrothers #emersonpark #modelhometours #fremontrealestate #bayarearealestate #bayarearealtor

19 Apr 20248min

Discussing March's Surprising Consumer Price Rise

Discussing March's Surprising Consumer Price Rise

The Consumer Price Index (CPI) data for March 2024 indicates that consumer prices rose by 3.5% compared to the previous year. What does that mean for you? Tune in LIVE with your questions!⸺0:00 Intro1:27 Consumer Prices Rise 3.5%4:00 State Farm Policy Changes8:21 Bay Area is 4th Hottest Housing Market11:26 OpenAI Moving to Mission Bay?

11 Apr 202413min

Step Inside an Exquisite $1.3M Townhome in San Jose's Communications Hill!

Step Inside an Exquisite $1.3M Townhome in San Jose's Communications Hill!

🌟New Listing Alert: 780 Batista Drive, San Jose🌟 Step inside an exquisite $1.3M townhome that redefines luxury living in San Jose's prestigious Communications Hill. This remarkable residence boasts 4 bedrooms, 3.5 baths, and spans 2,345 sq ft of sophisticated living space.🔑 Features include:• A spacious chef's kitchen with granite countertops, a breakfast bar, and stainless steel appliances.• An open floor plan with high ceilings and plantation shutters throughout. • A private bedroom and full bath on the entry level, perfect for guests or multigenerational living.• A two-car tandem garage with a large, customizable storage area—ideal for a home gym.• EV charging capabilities, a water softener, and an RO filter system. Experience serenity with tranquil neighborhood vibes, nearby walking/running paths, and a park just a minute away.✨ Discover the luxury of space, privacy, and breathtaking city views. Ready to make this your new home? Contact me, your trusted Bay Area real estate expert, and let's turn your dream into reality.📲 DM for more details or to schedule a viewing.#SanJoseRealEstate #LuxuryLiving #CommunicationsHill #BayAreaHomes #DreamHome #HouseHunting

10 Apr 20242min

You Need $500K+ Annually to Afford This CA County!

You Need $500K+ Annually to Afford This CA County!

Learn the staggering income needed to afford a median-priced home in this CA county. Tune in LIVE with your questions!

8 Apr 202424min

Exploring Avenue at Central | San Jose Model Home Tours

Exploring Avenue at Central | San Jose Model Home Tours

Welcome to Avenue at Central by Pulte Homes, located in the heart of Silicon Valley's San Jose. Join us for an exclusive tour of six stunning model homes in this upscale community. With plans starting from $1,087,990, explore the modern architecture, smart home features, and Life Tested® floor plans designed for your lifestyle. Situated just minutes away from major employers like Google and Apple, as well as the vibrant Santana Row, Avenue at Central offers the perfect blend of convenience and luxury living. Don't miss your chance to experience the best of Bay Area living!

1 Apr 202412min

Brighton at Fairview | New Construction Single Family | Hollister California | Model Homes | 3-5 Bed

Brighton at Fairview | New Construction Single Family | Hollister California | Model Homes | 3-5 Bed

Welcome to my latest video tour where we dive into a Hollister new construction community to explore Brighton at Fairview. We're showcasing 2 of the largest model homes. Reach out to me directly before going on your own! This way I can represent you and get you the best deal possible!Prices start at $725K

25 Mars 20246min

How will NAR settlement impact the Bay Area Real estate Market?

How will NAR settlement impact the Bay Area Real estate Market?

One of the biggest changes in the history of real estate occurred on Friday and we are going to review what this means for Realtors, Redfin/Zillow, Home Buyers and Sellers, and the overall Bay Area real estate market.

22 Mars 202434min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-borsens-finest
uppgang-och-fall
rss-svart-marknad
svd-ledarredaktionen
rss-dagen-med-di
lastbilspodden
24fragor
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
borsmorgon
affarsvarlden
fill-or-kill
avanzapodden
kapitalet-en-podd-om-ekonomi
bathina-en-podcast
svd-tech-brief
rss-en-rik-historia