Fremont Officially Approves Lennar as Master Developer for Warm Springs/South Fremont Community Plan

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The good news is that Buyers will get a lot more choices as this area is developed over the next 8 years. The bad news is that the new school they are building for elementary will only accommodate 750 elementary students. If you are building 4000 units in total, you can expect around 8000 students eventually. Though those lucky enough to go to the new school will be happy, the ones that get displaced farther north to a school with available space will be unhappy. Additional the middle and high school will be Walters Jr. and Kennedy High, much farther north, which negates the reason people buy in Warm Springs which is for an easy commute to the South Bay.

 

The City and the School District have not put together a desirable school plan. Also the additional congestion will make it even harder to pass through south Fremont. I am not sold on this plan. Vinnie Bacon seems to be the only voice of reason on the city Council.

 

From the Registry.

http://news.theregistrysf.com/fremont-officially-approves-lennar-as-master-developer-for-warm-springssouth-fremont-community-plan/

In a 4-1 vote tonight, the city of Fremont officially approved the Planning Commission’s recommendation for a master plan and development agreement with Miami-based Lennar Corporation to develop 2,214 residential units and approximately 1.4 million square feet of commercial/industrial use in the East Bay city. The only member of the city council that rejected the 111-acre property development was council member Vinnie Bacon, who said, “This is really nothing but a pure housing development. People here have the right to ask for more, and I share that sentiment.”

 

- Sunil Sethi

SUNIL SETHI REAL ESTATE

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