‘Commons At Mt. Burdell’ Commons Collaborative Meeting with San Marin Neighbors – 7PM, March 2nd, Novato, Marin

Common at Mount Burdell and FFIC Current Facility
Common at Mount Burdell and FFIC Current Facility
The following announcement was sent by San Marin Improvement Association, inviting residents to participate in a meeting with ‘Commons Collaborative’, concerning the

‘Commons at Mt. Burdell’ Project.

 

 

 

 

 

 

Time: 7pm, Monday, March 2nd
Meeting Objective: 
 
The proposed Commons at Mt. Burdell mixed-use development would eventually add approximately 750,000 square feet to an existing the 710,300 square foot Fireman’s Fund site (3 four-story office buildings). 
 
Phase 1 of new development would convert existing surface parking on the east side of the site to a 170 room hotel with a sports club and spa, first-floor retail space with 150 apartments above, and parking structures. 
Phase 2 eventually would add two new 250,000 square foot office buildings to the west end of the site, plus a day care center facility, community center, underground parking, and playing fields.  For more information, see:   http://www.ci.novato.ca.us/Index.aspx?page=829
 
The Commons at Mt. Burdell site is located on the northwest corner of the Atherton San Marin off ramp from Highway 101.  A SMART (Sonoma Marin Area Rail Transit) train station is planned adjacent to the east end of the site.  Environmental credentials for the proposed development are significantly enhanced by the carbon neutral design, including onsite wastewater treatment, biodigesters to convert restaurant waste into fuel, photovoltaic panels, composting, and other green building features.
 
American Assets, Inc, (AA) the owner and developer, is just beginning the official City land use approval process. During the past year American Assets has met with a variety of local stakeholder groups.  Beginning in July 2008, representatives of numerous community groups formed the Commons Collaborative to work with the developer, AA, and the City, to ensure that the Commons maximizes advanced green design and affordable housing opportunities in this extraordinary smart growth location.  
 
Representatives of the following groups currently participate in the Commons Collaborative:
Sustainable Novato
 
The Commons Collaborative is distinct from other advocacy groups in that it does not seek to achieve its goals by applying pressure on decision makers and community leaders.  Instead, its approach involves listening to all stakeholders and looking for solutions which advance a number of complementary goals. contact a real estate agent

_______________________________________________

Sylvia Barry, Realtor, ePRO
Marin Realtor for Marin Real Estate
Marin, San Francisco North Bay
Frankk Howard Allen Realtors
website: www.SylviaSellsMarin.com
Blog: www.AllAboutMarinHomes.com

 MARIN, SONOMA, S.F. BAY AREA REAL ESTATE – Beveldere, Corte Madera, Greenbrae, Kentfield, Larkspur, Marinwood, Mill Valley, Novato, San Anselmo, San Rafael, Sausalito, Tiburon; Cotati, Penngrove, Petaluma, Rohnert Park, Santa Rosa. Starter Home to Luxury Property. REO (Bank Owned), Short Sale, View Homes, Architecural Distictive Homes. Investment, 1031 Exchange. Chinese Realtor.

Make Dreams Real – Rotary Club of Novato Sunrise Youth Services 

Novato Real Estate Market Overview, July 23rd, 2008

Another positive trend since July 9th, 2008 statistics.  Total inventory dropped by 11 while pending sales units remained the same! 

Big change in percent pending is the starter single family homes, with a drop of 8%.  My theory is that Locaton, Location, Location.  SFR in desirable location, shows nicely and priced right are moving still.  However, many starter homes that sit on the market for a while can have a few problems such as location (next to freeway, in flood zone), a big one), , unless priced extremely low, the buyers are shy away from them. ”

Big gain in pending sales is in the low to median price range and people who used to not being able to purchase, are looking at such option now; hence a healthy increase in pening sales for this price range. 

Check with your trusted Realtor about inventory on the market and what’s the best house for your needs and wants!  

category

 

Total Units/ In Escrow

 

% Active

 

% Pending

% +/- since 5/28

All SFD’s and CID’s

 

444/124

 

72%

 

28%

+1%

SFD’s

 

335/81

 

76%

 

24%

+0%

CID’s

 

109/43

 

61%

 

39%

+3%

$0 -$500K SFD

 

56/23

 

59%

 

41%

-8%

$500,001-$600K

 

33/9

 

73%

 

27%

-2%

$600,001 – $700K

 

61/21

 

66%

 

34%

+8%

$700,001 – $800K

 

40/9

 

77.5%

 

22.5%

+2.5%

$800,001 – $999,999

 

52/9

 

83%

 

17%

+3%

$1M – $1.25M

 

35/6

 

83%

 

17%

-1%

$1.25M – $1.5M

 

24/2

 

92%

 

8%

-4%

$1.5M+

 

34/2

 

94%

 

6%

-5%

  • Buyer’s Market  < 25%
  • Neutral                25% – 40%
  • Seller’s Market   > 40%