A proposal to build multiple townhomes off Thornton Avenue was approved Thursday night.
The Fremont Argus reports that the city council’s vote to is Newark’s first housing building for more than a decade.
Proposed is the construction of three-story buildings, that all include three-bedroom homes, on 0.66 acres of land located on the 6200 block of Thornton Avenue. The lot – which lies nearly 600 feet west from Newark Boulevard – is currently vacant.
More from The Fremont Argus’ report:
Khurram Iqbal of Eden Homes LLC, the project's San Jose-developer, hopes the units -- with individual sizes ranging from 1,550 to 2150 square feet -- each will be sold for a price between $400,000 and $500,000.
Once the city issues a building permit, the project likely will break ground next spring and, barring unforeseen circumstances, construction would be completed by summer 2014, said Michael Ma, the development's Cupertino-based architect.
Newark primarily has been a single-family residence area since it incorporated in 1955, but new developments of high-density housing would be an exciting change, said Terrence Grindall, the city's community development director.
The complex approved Thursday might be just the beginning, as another project — the — calls for 500 new high-density homes to be built on the western edge of town.
Read the full Argus article here.
What do you think of city council’s vote to build new townhouses? Do you think it indicates a turnaround of the housing market? Share your thoughts in our comments section below.
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