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Developer pitches 333‑unit Block 67 project for downtown Hillsborough, including workforce housing and a grocery space
Summary
City staff and Coase Development presented an unsolicited proposal to redevelop Block 67 into two buildings with middle‑income workforce housing (60–80% AMI), an age‑restricted building, street‑front retail and an anchor grocery; the city would write down the land value and offer a tax abatement in exchange for a 10‑year affordability covenant.
City economic development staff and a private developer presented a negotiated proposal to redevelop Block 67, the full block site the city acquired downtown. Coase Development said the project would deliver two primary buildings: a 109‑unit age‑restricted building (55+ independent living) and a larger workforce housing building aimed at households at roughly 60–80% of area median income (AMI). The development team said the project would total approximately 333 units and include street‑front commercial space with an approximately 16,000‑square‑foot grocery anchor and additional retail space (roughly 10–12,000 square feet).
Key commitments from the developer:…
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