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.
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.
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.