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Planning panel clears 88-unit Lipeshi Homes project, recommends on‑site affordable units to city council
Summary
The planning commission unanimously approved design review, a density bonus and vesting tentative map for the Lipeshi (Lepakshi) Homes 88-unit for-sale condominium project and voted to recommend that the city council accept an alternative means of compliance to provide 13 on-site affordable for‑sale units instead of a roughly $2 million in‑lieu fee.
The Newark Planning Commission on Aug. 13 approved design review, a density bonus and a vesting tentative map for an 88-unit for‑sale condominium project in the Old Town Newark specific plan area and recommended that the City Council permit the developer to provide on‑site below‑market‑rate (BMR) for‑sale units in lieu of paying the city’s in‑lieu fee.
Curtis Banks of Urban Planning Partners told the commission the project would consolidate seven parcels into two lots totaling about 1.25 acres at the Thornton/Olive intersection and include two buildings: Building A (60 units) and Building B (28 units) with roughly 1,600 square feet of ground-floor commercial. Building A would be five stories with a clock tower topping about 68.5 feet. The proposal includes approximately 138 parking stalls (125 in Building A, 13 in Building B) and 88 bike stalls.
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