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Hundreds of affordable homes are proposed near East Bay BART stop

Housing is being eyed on empty land at key intersection

Warm Springs Apartments, a 240-unit affordable housing at 45021 Warm Springs Boulevard in Fremont, concept. 
(AO Architects)
(AO Architects)
Warm Springs Apartments, a 240-unit affordable housing at 45021 Warm Springs Boulevard in Fremont, concept. (AO Architects)
George Avalos, business reporter, San Jose Mercury News, for his Wordpress profile. (Michael Malone/Bay Area News Group)
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FREMONT — An affordable housing project that could produce hundreds of homes is being eyed on empty land near a BART station in Fremont, city documents show.

The housing development, which would consist of apartments, is being proposed on a vacant parcel alongside the Warm Springs BART station.

Vacant land at the corner of Warm Springs Boulevard and South Grimmer Boulevard near the Warm Springs BART station in Fremont, shown within the outline. Boundaries are approximate. (Google Maps)
Vacant land at the corner of Warm Springs Boulevard and South Grimmer Boulevard near the Warm Springs BART station in Fremont, shown within the outline. Boundaries are approximate. 

If built, the project would produce 240 units in what is being described as a “100% affordable, multifamily building” at the corner of Warm Springs Boulevard and South Grimmer Boulevard, according to the city documents.

Maracor Development, a San Francisco-based real estate firm, has proposed the project, which would rise on a 2.9-acre site at 45021 Warm Springs Blvd.

At present, a San Ramon-based group headed up by Joseph DePaoli owns the site.

The housing would be developed in a six-story building with a parking garage and parking area. Three courtyards, a lobby and leasing office are also expected to be included in the building if it is constructed.

“Maracor Development acquires and develops residential, commercial and retail properties in targeted market areas,” the company states on its website.

The real estate firm has proposed and completed several apartment projects in the Bay Area.

Empty land at the corner of Warm Spring Boulevard and South Grimmer Boulevard in Fremont. The Warm Springs BART station is visible in the background. (Google Maps)
Empty land at the corner of Warm Spring Boulevard and South Grimmer Boulevard in Fremont. The Warm Springs BART station is visible in the background. 

“The Maracor team specializes in all aspects of real estate development, including institutional quality office towers, retail, mixed-use, residential, complex sustainable master-planned communities that include programs to address brownfield remediation, military base conversion, and urban redevelopment of underutilized areas,” the company states on its website.