Rezoning

762 San Antonio Road, Palo Alto, CA

On municipal recordPalo 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

Satellite view of the parcel — pan, zoom, and switch layers.Esri World Imagery
762 San Antonio Road, Palo Alto, CA
37.41861, -122.10165
Street view

At street level

Street view of 762 San Antonio Road, Palo Alto, CA
Google Street View · nearest outdoor imagery
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

  1. Filed with jurisdiction
    2026-08-17
    12 days on record
  2. Scored by Bedrock
    Relevance 5 / 5
    Automated land-use signal
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