[CPEO-BIF] Stanford press release on University Terrace project, Palo Alto, California

[Lenny Siegel <lsiegel@cpeo.org>]

University Terrace project’s remaining environmental issues addressed
The state Department of Toxic Substances Control is satisfied that Stanford's plans to mitigate TCE exposure at the University Terrace housing development are sufficient to ensure no significant health risk to residents. The finding enables construction work on much-needed faculty housing to continue.

	
BY KATE CHELSEA
Stanford News Service (CA)
April 19, 2016

A positive finding from the California Department of Toxic Substances Control (DTSC) means that Stanford has cleared one of the last remaining hurdles to the continuation of construction of new homes in the University Terrace development on California Avenue.

That’s welcome news for eligible faculty members and their families who have been stymied in home purchases by the Bay Area’s challenging housing market. At this point, there is interest in the housing from more than 180 faculty families, according to Jan Thomson, director of faculty and staff housing. The homes will be offered for sale, based on an order decided by lottery, at prices discounted by ground-lease restrictions.

When built out, Stanford’s University Terrace project will provide much-needed housing for faculty members and their families. (Image credit: Transparent House)

University Terrace, which is bordered by the College Terrace neighborhood to the west, Peter Coutts townhouses to the south and the Stanford Research Park to the east and north, will comprise 180 new homes, including single-family homes, duplexes and condominiums. The first homes will be available to faculty in mid-2017.

…

For the entire release, see
https://news.stanford.edu/2016/04/19/university-terrace-projects-remaining-environmental-issues-addressed/

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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