New Apartments Proposed at Wellesley and College

An article in Friday’s Palo Alto Weekly describes a new apartment building proposed for the corner of Wellesley and College Avenue in College Terrace. The project by San Francisco-based Cato Investments would house 24 units in a three-story apartment building on two side-by-side lots at 2239 and 2241 Wellesley St. Today, both lots contain single-family homes.

The developer is applying under Palo Alto’s Planned Home Zoning (PHZ) designation, which allows developers providing affordable housing to request exceptions to development standards. Eligible developments must offer at least 20% of the project to below-market-rate units. The project would also require exemptions for parking, height, and setback requirements.

A project website – WellesleyHousing.com – lays out the developer’s vision to provide missing middle housing in a walkable neighborhood close to public transit, in a part of College Terrace that already contains multi-family housing. The developers plan to hold a community meeting before the City’s formal pre-screening of the project, although there is no date set for that community meeting yet. There is also a link on the website for a community survey, but it isn’t active yet either.

We’ll keep you posted as more information becomes available. In the meantime, we recommend reading the articles in the Weekly and San Jose Inside, as well as the project website.

Around the Terrace: January 15, 2021

Here are some recent announcements and news stories of interest to College Terrace and the surrounding area.

Country Sun Open Again
After a brief closure last week, Country Sun is now open with shorter than their usual hours: Monday-Saturday 10am-6pm and Sunday 9am-5pm.

California Avenue Tree Trimming
The City Urban Forestry staff will be teaming up with an arborist from West Coast Arborists (WCA) to prune the trees on California Avenue beginning Tuesday, January 19th. They expect that this will be completed in 1 or 2 days and will necessitate a few No Parking signs. Following that, they will be doing some pruning on Cambridge, most likely 4 -5 days of work. Any questions? Ask Derek Sprout, Project Manager in the City’s Urban Forestry Section; his email is Derek.Sproat@CityofPaloAlto.org.

College Terrace Centre Sold to New Investor
The building that houses the new Real Produce International Market, First Republic Bank, and other businesses, was sold in late December to new investors for just over $100 million. The previous owners, investment firms Blox Ventures and Angelo Gordon, purchased the property in June 2018 for $78.5 million.

Real Produce International Market is Open!

Finally, some good news to end 2020: Real Produce International Market is now open at the corner of El Camino and Oxford Street. This is the market that replaces Khoury’s Market and the College Terrace Market.

Unlike those previous markets, this one has large, colorful signs in the windows and huge bins of beautiful produce out front. Inside you’ll find more produce (including organic), a deli, meat counter, and a wide variety of items you won’t find at other grocery stores in Palo Alto.

Celebrate the New Year by shopping and supporting our new local market!