CoCo supervisors eye 384-unit residential development

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By Tony Hicks, Bay City News Foundation

CONTRA COSTA COUNTY, CA — The Contra Costa Board of Supervisors will hold a public hearing Tuesday into a proposed 384-unit, seven-acre residential development in unincorporated Bay Point.

Supervisors will decide whether to formally approve a master development agreement between the county and the developer, Pacific West Communities, on county-owned property located between State Route 4, Bailey Road, East Leland and Ambrose Park.

The project would also include a county-owned library and approximately 11,558 square feet of commercial retail space, built in three phases.

The first phase would involve the county selling 3.3 acres of the property for the development of 150 residential rental units and an approximately 20,000 square foot library as part of the first phase of the development, which would involve a loan of $1,796,875 to the promoter.

The three phases of the land have been valued at $4.6 million.

The county acquired the property as a real estate asset acquired using the Low and Moderate Income Housing Fund (LMIHF) from the former Contra Costa County Redevelopment Agency, from an increase in capital tax and capital tax allocation obligations.

The seven-acre site will be developed under the Master Development Agreement assembled by the former Contra Costa County Redevelopment Agency, to which the county is the housing successor.
The site is part of the Pittsburg/Bay Point BART Station Area Specific Plan and is designated as a high-density transit-oriented development.

Almost all units will be classified as extremely low (38 units at 30% of the area’s median income), very low (38 units at 50%) and low (230 units at 60%) and low (74 units at 80% of the surface). median income).

The Contra Costa County Board of Supervisors meets at 9 a.m. Tuesday in the board room of the county administration building at 1025 Escobar Street in Martinez. The meeting can be viewed remotely at https://cccounty-us.zoom.us/j/… or at www.contracosta.ca.gov.


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