Permit
295 South Mathilda Avenue, Sunnyvale, CA
4/ 5
High impact
Bedrock impact score
Action type
Permit
Asset class
Multifamily / Residential
Status
Agenda Ready
Filed
2026-06-29
Jurisdiction
Sunnyvale, CA
Days on record
33 days
01Investment highlights
Why this deal matters
- Permit in Sunnyvale, CA · Multifamily / Residential
- Bedrock impact score 4 of 5 — High impact
- A city-owned downtown site is being entitled for 110 affordable units with CEQA cleared
- Signals the city's willingness to fast-track infill housing in DSP-16, making adjacent and comparable downtown parcels prime targets for similar density plays.
- On the municipal record 33 days (filed 2026-06-29)
02Deal summary
The rationale
A city-owned downtown site is being entitled for 110 affordable units with CEQA cleared — signals the city's willingness to fast-track infill housing in DSP-16, making adjacent and comparable downtown parcels prime targets for similar density plays.
MidPen Housing Corporation is seeking a Special Development Permit to demolish an existing 10,038 SF bank building and construct a 110-unit, five-story affordable multifamily development (109 affordable + 1 manager's unit) on 1.04 acres across four parcels consolidated via Tentative Map in Sunnyvale's Downtown Specific Plan Area, with a Class 32 CEQA Categorical Exemption already in place.
03Deal facts
The filing record
- Jurisdiction
- Sunnyvale, CA
- Action type
- Permit
- Asset class
- Multifamily / Residential
- File number
- #26-0658
- Parcel · APN
- 165-13-051, 165-13-052, 165-13-053, 165-13-064
- Applicant
- MidPen Housing Corporation
- Status
- Agenda Ready
- Filed
- 2026-06-29
- Days on record
- 33 days
04Location
Where this sits
295 South Mathilda Avenue, Sunnyvale, CA
37.36900, -122.03600 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Santa Clara County
1,924,379
Population
$130,890
Median HH income
635,314
Households
$2,271
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
20 Schools
20 Dining
9 Grocery
11 Banks
10 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-06-2933 days on record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
- Current statusAgenda ReadyLive municipal record
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