Total
Units* Studios %
Studios 1BRs % 1BRs 2BRs % 2BRs 3BRs % 3BRs Estimated
Residents** Stories Parking
Stalls
Parking
Ratio
Anticipated City
Funding
Request***
City Funds
per Unit
A. Current Proposal 122 0 0% 55 45% 34 28% 33 27% 315 6 65 0.53 20,325,000$ 166,598$ B. 5-Story Building
Without Studios 102 0 0% 47 46% 29 28% 26 25% 260 5 65 0.64 19,425,000 $ 190,441$ C. 5-Story Building
With Studios 110 24 22% 30 27% 28 25% 28 25% 262 5 65 0.59 19,425,000 $ 176,591$ D. 1:1 Parking Ratio 110 0 0% 28 25% 54 49% 28 25% 305 6 110 1.00 23,675,000 $ 215,227$ 295 S Mathilda Proposal Comparison
* Proposal alternatives are in the initial design stage and final unit counts may be subject to minor changes. ** Estimates based on average occupancy data from non-age-restricted MidPen projects in Sunnyvale. *** Amount includes previous City Housing Mitigation Fund commitments of $7,325,000 for property acquisition and $1,500,000 for predevelopment expenses.
Attachment 4