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That is the reason for the ABAG housing mandates. It's why Palo Alto capped commercial office space. It's why residents of Cupertino think that 2 million square
by scharfstevenm 10y ago
That is the reason for the ABAG housing mandates. It's why Palo Alto capped commercial office space. It's why residents of Cupertino think that 2 million square feet of office space at Vallco is short-sighted.
If you look at ABAGs desired jobs/housing ratios, on which they base their mandates, it's clear that it's insane to build so much office space since there is no land on which to build sufficient housing to offset the office space. But of course that's not the problem of the developer of the office space, it's the problem of the city, and the problem doesn't happen for years, or even a decade or two, after the office space is occupied.
It's all short-term planning done by city councils that are owned by developers.