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City of San Jose
Meeting:
City Council Study Session - Cost of Residential Development in San Jose
Meeting Time: November 01, 2022 at 2:00pm PDT
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Closed for Comment November 01, 2022 at 1:45pm PDT
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Agenda Items
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The Panel will share their perspectives regarding Residential and Mixed-Use Real Estate Development Economics. a) Drew Hudacek, Sares Regis b) Nevada Merriman, MidPen Housing c) Elizabeth Libby Seifel, Seifel Consulting d) Eric Tao, L37 Partners and AGI Avant
2. Staff Presentation
a) Introduction, context, background of the report on the Cost of Residential Development b) Findings of the report on the Cost of Residential Development c) Increases in construction costs since start of COVID-19 pandemic d) Impact of City taxes and fees on residential development e) Review recent San José multifamily construction f) Cost of Affordable Housing
3. City Council Discussion/Q&A
• Public Comment
• Adjournment
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