Senator Josh Becker’s legislation, SB 457, which aimed to place certain limits on builder’s remedy projects, failed in committee recently. Senator Becker stated that the primary motivation behind the bill was the proposed project at the Sunset Magazine site in Menlo Park. This proposed project includes a 37-story building, a hotel and thousands of square feet of commercial space.
Several local legislators, including Senator Dave Cortese, expressed concerns that the bill might enter a legal gray area by applying retroactively to projects like the Sunset Magazine development. Others noted the existence of previously approved legislation establishing density caps on builder’s remedy projects. However, Becker conveyed his disappointment that several unintended consequences of housing accountability would still proceed.
Menlo Park advocates are hoping to halt the project through an upcoming vote by the State Historical Resources Commission, currently scheduled for May 9, 2025.
Source: Palo Alto Online
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