Tuesday 25 June 2019

Stanford proposes $3.4B investment in new housing. It still may not be enough.

After suing its local county board over affordable housing requirements in December, Stanford University has emerged with a new proposal to mitigate the impact of its expansion on the nation’s most expensive housing market. But officials say they aren’t satisfied. The university’s latest offer includes a $3.4 billion investment in housing and another $1.1 billion in transportation improvements, the Wall Street Journal reported. Stanford plans to construct up to 2.275 million square feet of new […]



source https://therealdeal.com/national/2019/06/25/stanford-proposes-3-4b-investment-in-new-housing-it-still-may-not-be-enough/#new_tab

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