Current City of Santa Cruz multifamily development projects come in all shapes and sizes: from the all-market-rate River Row (Changes 9) to the all-below-market-rate Pacific Station North (Changes 22), and various mixes of the two. Now comes news from Santa Cruz Local about significant changes for two projects that have already received all necessary City planning approvals, but have not yet begun construction.
At 136 River Street (Changes 76), a 50-unit all-below-market-rate project on the former Outdoor World site received its building permit in March. Construction is expected to begin this year.
At 130 Center Street (Changes 54), a 233-unit project originally approved as entirely market-rate is now 100% below-market-rate. The site near Depot Park (photo below) was formerly home to several auto-related businesses.
