Arn Cenedella

San Carlos to enter into negotiations with Silverstone for Wheeler Plaza Development

San Carlos announces:

On Monday, February 9, 2009, the City Council directed staff to begin negotiations with Silverstone Communities to enter into an agreement with the City. Once the agreement is completed and approved by the City Council, Silverstone Communities will develop designs and plans to redevelop Wheeler Plaza and to partner with the City on an extensive public participation process on this site.Wheeler Plaza is located one block west of El Camino Real, immediately southwest of the intersection of San Carlos Avenue and Laurel Street and includes a parking lot and 2 adjacent parcels – a retail building on one side, and a six-unit rental housing development on the other.

Silverstone Communities recently has built a large condominium development on El Camino Real in Los Altos called Peninsula Real.

This entry was posted on Tuesday, February 10th, 2009 at 7:23 am and is filed under San Carlos issues, San Carlos Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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