Helping to Build New Housing Near a Transit Hub

We represented a public agency in negotiating a long-term ground lease with a developer so new housing can be constructed near a transit hub.

The 65-year ground lease option agreement will allow the developer to acquire two parcels of real estate on seven acres for transit-oriented development. As part of the agreement, the developer is obligated to construct 135 units of market rate housing and certain parking improvements. The buildings are also required to include commercial space to benefit transit users and residential occupants alike.

Twitter/X Facebook LinkedIn


Jump to Page

We use cookies on this website to improve functionality, enhance performance, analyze website traffic and to enable social media features. To learn more, please see our Privacy Policy and our Terms & Conditions for additional detail.