Projected Success is not without Risks
- Source local materials and contractors to reduce transport exposure - Pre-purchase long-lead items (HVAC, transformers, appliances) - Consider modular or off-site construction to control costs and speed up delivery
Construction Costs
Phased Delivery
- - -
Premium product (diverse retail)
Incentive of 1 free month
Absorption
- Partner with local employers for relocation housing and preferred leasing agreements (healthcare, logistics, technology) - Unit mix to include smaller, more affordable units (studios, micro-units) - Leverage Public Financing (TIFIA / Tax Exempt Bonds) - CPACE for energy efficiency, water conservation and renewable energy projects - Engage with City of San Leandro and BART - Align with city’s Housing Element, TOD, and General Plan policies. - Build early to support with community - Leverage SB 35, AB 2011, or density bonuses
Financing
Political & Entitlement
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