Rezoning
762 San Antonio Road, Palo Alto, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Rezoning
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-17
Jurisdiction
Palo Alto, CA
Days on record
12 days
01Investment highlights
Why this deal matters
- Rezoning in Palo Alto, CA · Multifamily / Residential
- Bedrock impact score 5 of 5 — Prime signal
- Builder's Remedy invocation lets the applicant bypass Palo Alto's non-compliant zoning, signaling a live, large-scale multifamily entitlement path in one of the Bay Area's most supply-constrained markets
- And a direct precedent for similar plays on commercial sites citywide.
- On the municipal record 12 days (filed 2026-08-17)
02Deal summary
The rationale
Builder's Remedy invocation lets the applicant bypass Palo Alto's non-compliant zoning, signaling a live, large-scale multifamily entitlement path in one of the Bay Area's most supply-constrained markets — and a direct precedent for similar plays on commercial sites citywide.
Palo Alto City Council public hearing on a Major Architectural Review application to demolish three existing commercial buildings and construct an 8-story, 228-unit multi-family rental building at 762 San Antonio Road, filed under California's Builder's Remedy (Gov. Code §65589.5(d)(5)), with a CEQA Addendum prepared to a previously certified EIR.
03Deal facts
The filing record
- Jurisdiction
- Palo Alto, CA
- Action type
- Rezoning
- Asset class
- Multifamily / Residential
- Status
- On municipal record
- Filed
- 2026-08-17
- Days on record
- 12 days
04Location
Where this sits
762 San Antonio Road, Palo Alto, CA
37.41861, -122.10165
Street view
At street level
Property record
Parcel & ownership
- APN / Parcel
- 14705102
Parcel data · Santa Clara County
Area demographics
Santa Clara County
1,924,379
Population
$130,890
Median HH income
635,314
Households
$2,271
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
20 Schools
20 Dining
1 Grocery
1 Banks
17 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-1712 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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