By Judy Peterson
jpeterson@community-newspapers.com
POSTED: 12/17/2014 11:48:40 AM PST0 COMMENTS| UPDATED: ABOUT 19 HOURS AGO
Plans to develop the last large parcel of land in Los Gatos moved ahead Tuesday night when the town council voted to certify the environmental impact report that was completed for the project.
The North 40 is approximately 44 acres of land bordered by highways 17 and 85, Lark Avenue and Los Gatos Boulevard.
Most of the land is owned by the Yuki family, who have contracted with Grosvenor Americas to develop their property into a mixed-use shopping center with commercial office space, and housing geared toward seniors and young adults without children.
However, Grosvenor has not submitted a formal development proposal because the town council first needs to approve a North 40 Specific Plan.
David
How do you develop for Seniors and Young Adults without children? That’s like mixing oil with water.
Jak
Hi David,
I think the definition of a “young adult” would need to be made. In this case, I think the young adults are able to afford the “millennial housing”, so I am guessing that at best, they’re older than 28 to even have the down payment, with there being more in their 30’s and 40’s………..old enough to be almost as old as my kids. I live in a neighborhood that has morphed from an “old people’s” neighborhood when I moved in, to now more dominated by those in their late 30’s to late 40’s. I have become the old guy in the neighborhood, but we all seem to get along fine. I think the problem you might be describing could be related to the stereo-typed cranky old people, or the stereo-typed immature young people. They wouldn’t get along well anywhere. I think there are a lot of people my age that prefer the vibrancy of many ages. Hopefully I have some wisdom to impart, and they likewise have energy to share. There are those in my age range who do not care for the mix, but I would presume they would not move to a development like this, nor would any “millenials” that prefer not to associate with people in their 60’s to 80’s. If this development does happen, I would prefer a mix of ages rather than all old people, or all young people.
Jak