Plans to level the Out of The Closet thrift store complex on the southeast corner of Polk and California and develop a 7-story building with 63 condos over 8,000 square feet of new retail space and an underground garage for 41 cars were approved back in 2016.
But the Polk Gulch project has yet to break ground.
Instead, new plans are now being drawn for an 8-story building to rise up to 87 feet in height on the 1567 California Street site, with 100 units of housing over 10,000 square feet of retail space and zero (0) off-street parking spots.
In order to surpass the current 80-foot height and 93-unit density limits for the site as zoned, the project team is planning to invoke California’s Density Bonus Law for the seven extra feet and units and waive the bulk building restrictions (which resulted in the terraced 7-story design above) and parking requirements (which in principle would require a garage for 100 cars) for the site.
That being said, we’ll note that the project team has yet to file any paperwork to get the actual permitting, versus entitlement, process underway. We’ll keep you posted and plugged-in.