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Developer outlines 100% affordable mixed-use project on East Market Street, seeks streamlined SB 423 review
Summary
Envision 2 LLC presented plans and site cleanup progress for a proposed 75–85 unit, 100% affordable mixed-use development at 467–479 East Market Street. The project team said contamination-remediation work has begun with over $2 million in state cleanup funds and a goal to break ground in 2027 if financing is secured.
Envision 2 LLC presented a preliminary project review on Sept. 23 for a proposed 100% affordable, mixed-use building at 467 and 479 East Market Street (described in the presentation as East Market). The applicant said it expects roughly 75–85 rental units, including family-sized two- and three-bedroom apartments, with commercial space on the ground floor planned as a kitchen incubator and women’s business center in partnership with El Paro CDC.
The item was presented as a public meeting required under Senate Bill 423 (SB 423), which allows certain housing projects to be processed ministerially if they meet statutory criteria and do not deviate more than 20% from the original preliminary submittal. No action was required of…
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