Residential Developer Envisions Recent Acquisition As Luxury Condominiums
LOS ALTOS, CA: Dutchints Development, LLC, an established Silicon Valley development firm, has declared its plans for a recent real estate acquisition in the heart of Downtown Los Altos.
Acquired in late 2018, 444 and 450 First Street currently house a 10,000-square-foot, 12-suite commercial office building. Ciyavash Moazzami, VP of Land Acquisitions for Dutchints, indicates that the plan is to entitle and build a 26-unit luxury condominium project, taking advantage of the site’s prime location in the downtown corridor.
“The proposed project will be a big upgrade for Downtown Los Altos,” says Moazzami. “We are proposing to reduce curb cuts by sharing a driveway with the neighboring project (444 First Street), thereby reducing curb cuts and shifting the focus along First Street to the pedestrian.”
Dutchints is currently mid-way through the entitlement process and anticipates breaking ground in Q2 of 2020. If approved, the proposed four-story, 40,000-square-foot building will include a mix of residential condos ranging from one to three bedrooms and 750 to 2,150 square feet.
The project proposes substantial improvements to the pedestrian environment along the First Street corridor. The street frontage will be activated with a combination of door yards, public benches, and landscaping, including new trees, to convey a pleasing residential scale and ‘sense of address.’
Other planned features include a welcoming lobby, fitness center, and rooftop deck for social gatherings. The project is being planned with a proposed neighboring development, and will share an entry to the underground garage.
Designed by PLATFORM, a local architecture and planning firm, the building’s character is designed to blend with the surrounding context of mid-century buildings. Showcasing clean lines and warm natural materials, the design integrates historic qualities with the contemporary character of Downtown Los Altos.
To learn more about Dutchints Development and their other forays into Bay Area real estate, visit Dutchints.com.
About Dutchints Development, LLC: Dutchints Development is a private development firm geared towards creative real estate solutions. Its principal and partners have been involved in real estate development since 2004, and have built a mature platform that blends industry-leading innovation with community-centric sensibilities. Though local single-family homes have always been at the heart of Dutchints Development’s work, the firm has recently expanded to include multi-family housing throughout Silicon Valley and beyond.
About PLATFORM: PLATFORM is a design partnership focused on infill housing and commercial development in the Bay Area. Specializing in projects on challenging sites requiring creative design and entitlement solutions, PLATFORM seeks to seamlessly blend smart site-planning and a fresh approach to architecture that is ‘of its place.’