The Pleasanton City Council has approved an agreement with the U.S. Department of Housing and Urban Development (HUD) that releases the federal government's interest in the 50-unit Kottinger Place senior housing property at 240 Kottinger Drive, enabling the first phase of a new 185-unit, affordable-priced housing development for seniors to proceed on the 3.5-acre site.
With the site now owned by the city of Pleasanton, work will get underway next month on the long-awaited project after 11 years of planning. To be called Kottinger Gardens, new cottage apartments and units in a new three-story building will be built in phases with the garden apartments coming first.
Seniors now living in Kottinger Place, some in their 90s, will have their belongings packed up free of charge and relocated to a similar facility, possibly in Livermore or Dublin, while those apartments are constructed. Then they'll be moved back into the new units, compliments of Foster City-based MidPen Housing Corp., the developer. They'll also have priority to move into the three-story apartment building if they choose after it gets built in a following project phase.
Work on Pleasanton Gardens, across Kottinger Drive, will be the final phase of MidPen's housing development, which again will require demolition of the existing 1960s-era buildings. At that time, the street will be narrowed at that location, speed bumps added and special pedestrian walkways installed between the two new properties.
This new development best meets the objectives to increase subsidized senior housing in Pleasanton while retaining the existing site character, achieving financial efficiency and sustainability and developing a site plan that is complementary to the surrounding residential neighborhoods.
Final approval of HUD's control of Kottinger Place and the property it occupies came with a disposition agreement the federal agency signed. Under terms of the agreement, the city paid HUD $1 for the the site, thereby transferring ownership to the city so that a single development with centralized management could be established. The $60 million development will be funded primarily through federal tax dollars with a contribution of $13.7 million from Pleasanton's lower-income housing fund.
Rather than search for new land for the development, the Kottinger Place Redevelopment Task Force that labored through scores of meetings since 2004 determined that it would make sense to tear down the old buildings and keep everything on the current site. Located near First Street, the site is also close to parks, grocery stores, pharmacies and public transit.
MidPen will operate the housing development with a 30-year lease that is renewable. The city of Pleasanton will own the land.