Oct 28, 2013, 2:42pm PDT

7 things to know about Santa Clara entertainment hub near 49ers stadium

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Via city of Santa Clara

This map shows the Montana/Lowe project proposed for the Tasman Parcels just north of Levi's Stadium. Above that is the first phase of Related California's City Center project, dubbed Parcel 4. The other three parcels would be built out later.

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Nathan Donato-Weinstein

Real Estate Reporter- Silicon Valley Business Journal

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After months of waiting for more details on two high-profile, mixed-use projects just north of the new 49ers stadium, we finally got some details on Friday.

Developer Related California disclosed in broad terms what it's thinking about for a 230-acre chunk of city-owned land that's currently a golf course and BMX track. And the Joe Montana-fronted Montana Property Group, along with new partner Lowe Enterprises, also shared the latest details on its proposal.
About 36 hours after our first story hit the Web, here are a few more takeaways now that I've had some time to sleep on things. What stands out to you? Let us know on Twitter, with an email or in the comments section below.
1: Not much housing — for now. As envisioned, the first phase of Related California's proposal, an 80-acre parcel dubbed City Place Santa Clara, would include a little more than 500 units of housing. That is less than the 830 or so units (rental and condo) at Federal Realty's fantastically successful Santana Row in San Jose, even though that project is about half the size (42 acres).
Why? It comes down to land-use guidelines, Related California President Bill Witte told me. Most of the golf course is on landfill, and state regulators are reluctant to let housing rise on it. So far, Related is considering placing its residential component on land closest to the neighboring Montana/Lowe development, which is not landfill. Still, the developer would like to see more, and is considering ways to make that happen. Especially because having on-site residents helps inject a built-in source of life into the center on nights and weekends. Stay tuned.

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Nathan Donato-Weinstein covers commercial real estate and transportation for the Silicon Valley Business Journal.

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