Santa Cruz and Santa Clara are considering high-rise residential buildings as a solution to their housing market challenges. Santa Cruz's plan faces opposition due to concerns over the impact on the city's character. Meanwhile, Santa Clara plans to add over 1,000 residential units and commercial space to its downtown area. The looming shortage of office space is leading to discussions about converting vacant office spaces in San Francisco into housing. The potential conversion of office real estate to housing could impact up to one-third of office space, according to reports.
The city of Santa Clara's downtown plan includes adding up to 1,071 residential units and more than 729,000 square feet of commercial space to the 25-acre area. https://t.co/g9zHUosvJm
Santa Cruz is California’s least-affordable housing market. Are high-rises a solution? @ucsc #affordablehousing https://t.co/OFJiMShDNw
The 70-foot-tall Giant Dipper wooden roller coaster has been one of Santa Cruz’s tallest structures. A new housing plan might allow high-rise apartments roughly five stories taller. Great housing fix? Or death of Santa Cruz cool? @ucsc #affordablehousing https://t.co/OFJiMShDNw
Up to one-third of office real estate could be wiped out, due to emptying downtowns, per CNBC.
Downtown San Francisco's vacant office space rate is currently at an all-time high of 35 percent. Here's a timeline and blueprint experts gave for turning those office spaces into housing. https://t.co/YV43zXePIr https://t.co/YV43zXePIr
We know about offices, but another sector of commercial real estate is in for a reckoning: multi-family residential buildings https://t.co/PGIG6kIU3f
The looming office space real estate shortage. Yes, shortage https://t.co/WZqWDPubOe
The city of Santa Clara's downtown plan includes adding up to 1,071 residential units and more than 729,000 square feet of commercial space to the 25-acre area. https://t.co/xQxpJ1hoZt
Rent-free pop-ups breathe new life into Downtown San Francisco https://t.co/9aTiF5c3g5
Not here. Not there. Not really anywhere. A fight over where new apartments should go in Santa Cruz. Is 12 stories too high? @ucsc #affordableHousing https://t.co/OFJiMShDNw
High-rise buildings in funky Santa Cruz? The city says that’s the best way to cope with one of the worst housing markets in California. Some locals are fighting the plan. https://t.co/OFJiMShDNw
Santa Cruz plans high-rise living as a fix for sky-high housing costs — and meets opposition https://t.co/jKCnQZ0GRE