Construction continues at Wheeler Plaza
Construction continues at Wheeler Plaza; parking solutions available just in time for busy holiday season
If you’ve driven by San Carlos Avenue between Walnut and Cherry, you’ll see that KB Homes is really making headway on its Wheeler Plaza project. And while construction continues, so do the questions we receive from our clients… questions about parking or completion, even how to purchase one of the 109 condominiums.
So, we caught up with our friend Laura Teutschel, an expert in land use projects and spokeswoman for KB Homes, the project’s builder. She brought us up to speed on all of the exciting details.
According to Laura, the project, which has been under construction for about a year now, is progressing very well. First approved by the city in June 2015, demolition took place September of last year. The first portion of the project that is under construction is the public parking garage, which will net 252 public parking places – a net increase of 65 parking places for San Carlos. This number does not include parking places that are earmarked for residents.
The parking structure will have one underground level for the residents’ spaces, one level at grade and one level above grade level, all of which should be completed by the first quarter of next year. Good news for residents is that the parking structure will be open while the rest of the project is completed.
However, in the meantime, as we enter the busy shopping season, there are many options that KB Homes has worked into the plan to keep residents in the downtown corridor. Many know of the valet assist lot at 616 Laurel St., adjacent to the old Foodville. KB Homes also has a rental agreement for free parking in the SamTrans building lot across San Carlos Avenue at Laurel Street. Residents can park for free for three hours at the top level of the parking structure.
Confused by this? Don’t be – check out this video that Laura created:
About the project, Laura said, “This project changes the face of downtown San Carlos and creates a beautiful gateway for residents. With its design, this project continues to create a walking environment as you can walk through it.”
Once completed, the project, which encompasses 2.65 acres at San Carlos Avenue, Walnut and Laurel streets, will consist of 109 new condominium units. Many wonder the price point and floor plan of the condos, but according to Laura, the condos will be varying sizes and floor plans, all of which are not public at this time. KB Homes will sell the condos directly and there will be no waiting list or presales and priced at median market rate.
If you wonder who’s inquiring about these units, Laura said most are local older adults looking to downsize.
The project will also feature for 10,000 square feet of new commercial space along San Carlos Avenue and will allow for pubic access throughout the site. The ground floor commercial space not be preleased either, Laura said.
For continuous updates on this project, visit http://wheelerplaza.com. This site has been created strictly to keep residents abreast of the project. So have a look periodically and in the meantime we will continue to identify other projects that are increasing the charm of our mid-Peninsula … and we’ll bring you up to speed so you are in the know.
Happy Thanksgiving to you and yours!