Capitola has had few new multi-family projects in recent years, compared to Santa Cruz, and now one that had already received planning approval has asked for a two-year extension on that planning permit, meaning that the developer is not ready to submit a building permit application.
I haven't driven by the site lately, so the photo above is a Google Streetview from 2024. A posting on the left-hand chain-link gate describes the proposed development, including a conceptual rendering.
This property has had a complicated development history. Until 2016, it was for many years a senior assisted living facility, until an abrupt sale was followed by forced evictions. A later buyer planned to upgrade and reopen the facility, but several years of work stopped after ~2021. After (presumably) another sale, the current proposal for a multi-family residential development was submitted and received planning approval.
Will the project ever happen? We'll have to watch and see. Whether it happens or not, it's a two-year delay, part of the slowdown previously noted here (Changes #134). Below is the city notice for the upcoming public hearing, with the design permit extension on the consent agenda (no public comments).
