Housing
County’s Hopes for an Innovative Proposal to Split Marin City Affordable Housing Between 150 Shoreline Hwy. in Tam Junction & 825 Drake Ave. in Marin City Hits Another Significant Snag
Caleb Roope, chief executive officer of the Pacific Companies, the project’s developer. “That isn’t how we see it.” Roope said the bonds were issued long ago and purchased by Citibank. He said the ruling has failed to shake Citibank’s confidence in the project. “Everybody takes for granted that you’re not going to be able to unwind approvals that have already happened,” Roope said. “The ruling doesn’t have an effect on what we’re doing and our ability to proceed.” Roope said his company owns the land in Marin City and has all of the needed approvals.
Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of November 4
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Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 27
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Read MoreMarin IJ: San Rafael Planners Release Final Mall Redevelopment EIR
Like the draft report, the final EIR, or FEIR, examines three other project alternatives, including a “no-project” option. In conclusion, the report says the “reduced residential alternative” — which proposes 63 fewer homes than what developers are seeking — would be the “environmentally superior alternative.” The option would “slightly reduce” the effects on air quality, emissions, energy, noise and vehicle trip generation, the report says. However, the report maintains that a list of required construction and mitigation measures would need to be followed to minimize disruptions. The report says the reduced residential alternative would meet the stated project objectives just with 63 fewer homes.
Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 21
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Read MoreThe Redwoods, A Community of Seniors in Mill Valley, Touts Environmental & Cost Reduction for Residents: Participation in Marin Municipal Water Program Has Reduced Water Usage by 33%!
The Redwoods, Mill Valley’s Community of Seniors, has been working to reduce its water usage through participation in Marin Water’s “Cash for Grass” program that offers rebates to homeowners and businesses that replace grass with drought tolerant landscapes. Since completing the project in August, The Redwoods, home to over 300 low- and moderate-income seniors, has achieved a reduction of water usage by a third over last year.
Read MoreRotary Club of MV Hosted an Informative City Council Candidate Forum, Featuring Five Candidates Seeking One of 3 Seats on the Council – MV Chamber and League of Women Voters Provided Support
Rotary Club of MV Hosted an Informative City Council Candidate Forum, Feat. Five Candidates Seeking One of 3 Seats on the Council – MV Chamber and League of Women Voters Provided Support
Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 14
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Read MoreCounty’s Hopes for an Innovative Proposal to Split Marin City Affordable Housing Between 150 Shoreline Hwy. in Tam Junction & 825 Drake Ave. in Marin City Hits a Legal Hurdle
What remains murky, however, is what the practical effect will be on the project, if Freccero sticks with his tentative ruling. “I had lots of questions before, and I still have them,” Freccero said. “I’m trying to understand what happens next.” Over $30 million dollars in tax-exempt bonds to finance the project have already been sold. Save Our City, an advocacy group, filed suit in May 2023 to void the Marin County Board of Supervisors’ 3-2 decision in March 2023 to approve the issuance of up to $40 million in tax-exempt revenue bonds for use in underwriting the planned building at 825 Drake Ave.
Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 7
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