349 1st Street Residential Project

The 349 1st Street Residential Project in Los Altos, California, involves the demolition of an existing two-story commercial building to be replaced by a six-story residential condominium building. The new structure will feature 19 units with a maximum height of 84 feet, 11.5 inches, and will designate 21 percent of the units as below market rate housing for low-income households. The development includes a rooftop terrace, bicycle parking, and a parking garage utilizing both at-grade and basement-level automated systems. Additionally, the project encompasses utility and frontage improvements at the intersection of First and Whitney Streets. Proposed under the Builder's Remedy pursuant to Government Code Section 65589(d)(5), the project is granted a statutory exemption under State Code PRC 21080.66 due to its urban setting and compliance with local zoning and plans. The City of Los Altos is the approving agency for the project, which is classified under NAICS code 236116. Notably, the project is not subject to prevailing wage requirements as it is not a 100 percent affordable housing project and remains under the 85-foot height threshold.