Permit
Sunnyvale, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Permit
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-07-13
Jurisdiction
Sunnyvale, CA
Days on record
19 days
01Investment highlights
Why this deal matters
- Permit in Sunnyvale, CA · Multifamily / Residential
- Bedrock impact score 5 of 5 — Prime signal
- A 1.04-acre bank demolition cleared for 110-unit 100% affordable podium construction signals an active entitled affordable site
- Competitors or JV partners should move fast, and nearby land owners should note the affordability-driven density precedent being set.
- On the municipal record 19 days (filed 2026-07-13)
02Deal summary
The rationale
A 1.04-acre bank demolition cleared for 110-unit 100% affordable podium construction signals an active entitled affordable site — competitors or JV partners should move fast, and nearby land owners should note the affordability-driven density precedent being set.
Sunnyvale Planning Commission is reviewing a Special Development Permit and Tentative Map to demolish a 10,038 SF bank building and construct a 110-unit, 100% affordable five-story multi-family development (109 affordable + 1 manager's unit) with podium parking on four parcels totaling 1.04 acres.
03Deal facts
The filing record
- Jurisdiction
- Sunnyvale, CA
- Action type
- Permit
- Asset class
- Multifamily / Residential
- Status
- On municipal record
- Filed
- 2026-07-13
- Days on record
- 19 days
04Location
Where this sits
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 jurisdiction2026-07-1319 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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