Will Palo Alto's first Builder's Remedy project succeed?
7
28
170
Dec 31
40%
chance

On April 3rd, Palo Alto received its first Builder's Remedy project, 300 Lambert Ave, with 45 condo units, 9 of which are designated low-income. The building would be 65 feet, bypassing Palo Alto's 50-foot height limit. It will replace an auto shop.

Will this project be approved by the city to have at least 40 units and be over 60 feet before 2025?

https://padailypost.com/2023/04/03/palo-alto-gets-first-builders-remedy-application-that-bypasses-city-zoning/#comment-25529

Get Ṁ200 play money
Sort by:
bought Ṁ10 of NO

How does this market resolve if a court forces Palo Alto to approve the project?

@KevinBurke As long as Palo Alto approves it, whether by injunction, mandamus, or voluntarily, it resolves YES.