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Coronet Motel to Become 76-Unit Tower | California News

Coronet Motel to Become 76-Unit Tower | California News

Published 15 hours ago
Description

A developer is racing against the clock to build a six-story apartment complex on the former Coronet Motel site in Palo Alto — the first project to leverage new state housing laws. Senate Bill 79, now active, lets developers build taller and denser near transit, while a local ordinance set to take effect in two weeks could undo those benefits. Bayhill Ventures is moving fast, aiming to submit a full application in 180 days, with 12 affordable units included. The project also benefits from Senate Bill 330, locking in approvals and shielding it from future local changes. This is just one of several housing pushes along El Camino Real — a key corridor the city has been targeting for years to boost density near Caltrain.

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