Business & Real Estate

Taylor Morrisons 6Sixty units exceed $1 million

Megan V. Winslow/Town Crier
Thirty-seven new townhomes in Mountain View are on the market, listed at $1.3 million and up. The 6Sixty complex on Tyrella Avenue replaced 52 single-family and multifamily apartments. Project developer Taylor Morrison helped with the Tenant Relocation Assistance process, required by city ordinance.

Thirty-seven new townhomes in Mountain View, which builder Taylor Morrison Homes marketed as “affordable” at the Jan. 12 grand opening of the models, are listed at $1.3 million and up.

The three-story 6Sixty complex at 660 Tyrella Ave. replaces 52 single-family and multifamily apartments and eight heritage trees, all razed to make way for the new development.

A Taylor Morrison press release touted 6Sixty’s four “thoughtfully designed” 1,122- to 1,783-square-foot floor plans, as well as the opportunity for “unique,” “luxurious” and “beautiful living.” The complex features 2- to 4-bedroom units with up to 3.5 baths, “open concept living spaces with neighborhood amenities … within walking distance of Google’s Quad Campus” at Fairchild Drive and Whisman Road, the release stated. Advertised, too, is the 5-mile proximity of other major high-tech hot spots, such as Google’s headquarters and Apple, Symantec, LinkedIn and Intuit offices.

6Sixty is in the Mountain View Whisman School District and the Mountain View Los Altos High School District, whose test scores, Taylor Morrison’s representatives point out, exceed state averages.

Conforming to ordinances

The Mountain View City Council approved the 1.84-acre development in 2016. Public records indicate that the single-story apartment complex previously on the property, the Westwood Garden Apartments, was built in 1962.

The original proposal for 6Sixty did not meet the council’s Minimum Residential Densities in Multiple-Family Zoning Districts policy, which requires a minimum of 80 percent of the maximum allowable residential density on parcels of one acre or more. When the project was initially submitted in 2015, it included 31 residential units – less than the 80 percent minimum. Mountain View city staff worked with the developer to modify the proposal to meet the policy and address access, tree removal minimization, parking and adjacent single-family use impacts.

City staff said the majority of the residential units were unoccupied at the time permits were approved in 2016, but representatives from 21 households attended an on-site community meeting about the project in October 2015.

Taylor Morrison helped with the Tenant Relocation Assistance process, required by city ordinance. Thirty-one households applied for a Tenant Relocation Ordinance payment, and all but one household were deemed eligible. By the time the council approved the project, nine of the units had been vacated after tenants were financially compensated. The developer included an extra $2,500 moving assistance payment to tenants who did not qualify for TRO payments to “help offset the moving costs associated with finding a new residence,” staff said in the council report.

The final design for 6Sixty also featured 20 new large trees to replace the canopy provided by the lost heritage trees.

According to city staff calculations, after all of the 6Sixty units are sold, the city will collect an estimated $70,000 in taxes annually. The city previously benefited from in-lieu payments, equal to 3 percent of the project’s sale price, because the complex did not meet Mountain View’s Below Market Rate Housing Ordinance, which requires that 10 percent of a project’s units are offered at an affordable price. The estimated in-lieu payment to the city totaled $1.4 million.

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