Critical PriorityDevelopmentopen

Woodland Park Euclid housing project amendment

Summary

Sand Hill wants changes to its deal to build 550 units (160 rent-stabilized) on Euclid, including paying $12M toward Ravenswood School District's 430-unit affordable teacher housing instead of building 78 off-site units. Council wants a better price before approving.

At a glance

Total mentions
2
Last 30 days
0

Last discussed Jul 21, 2026.

Impact analysis

💰Financial impact

The project would add roughly $1 million a year in net property tax to the city, but the housing obligation is discounted from about $23 million to $12-17.4 million under the options.

✅Who benefits

Displaced Woodland Park tenants awaiting right of return, future residents, the school district, and the city's housing goals.

⚠️Who could be affected

Critics say the discounted options shortchange the community on affordable housing and risk losing rent-stabilized units.

Mentions & discussions (2)

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