Palo Alto Economic Development Strategies
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RECOMMENDATIONS<br />
Grow the market by enabling<br />
residential development in select areas<br />
of Downtown <strong>Palo</strong> <strong>Alto</strong> and California 10<br />
Avenue.<br />
ACTIONS<br />
1. Consider increasing allowable height and floor<br />
area ratio (FAR) to accommodate residential in<br />
mixed-use projects..<br />
2. Allow exclusively residential projects, including<br />
the ground floor where currently restricted in the<br />
California Avenue district.<br />
3. Prioritize residential development on underutilized<br />
property as identified in the 2023-31 Housing<br />
Element.<br />
CHAMPION<br />
Planning &<br />
<strong>Development</strong><br />
Services<br />
DISTRICTS<br />
Downtown<br />
<strong>Palo</strong> <strong>Alto</strong><br />
SUPPORT<br />
Office of <strong>Economic</strong> <strong>Development</strong><br />
Property Owners<br />
California<br />
Avenue<br />
Neighborhood<br />
Centers<br />
ESTIMATED TIME + COST<br />
Short (5 years)<br />
High (>$100k)<br />
Low (
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