Mountain View may have a housing shortage, but on Tuesday the City Council is going to begin considering several proposals for office and hotel development on 6.7 acres of city-owned land.
There is no lack of interest from developers for the site at 750 Moffett Blvd., bordered by Highway 101 and the Stevens Creek Trail, where the city could see new buildings up to four stories tall.
With a goal of raising money for city services, the City Council decided in November to request proposals for office and hotel use for the site, bought from the county for $9.5 million several years ago. The city received 12 proposals from developers, none of them with housing. On Tuesday, the top four proposals will be presented.
Developers in the running include: Broadreach Capital Partners of San Francisco; Hines Interests LP of Houston; R.D. Olson Development of Irvine; and T2 Hospitality of Newport Beach. Texas-based Huntington Hotel Group withdrew its application and is no longer part of the top five.
Proposals include hotel buildings with 125 to 400 rooms, up to 5,000 square feet of retail and two include office buildings of 135,000 to 225,000 square feet, which is room for 625 to 2,250 office employees, calculated at 100 to 200 square feet per employee.
"All the development concepts include either mixed hotel and office uses or a hotel" by itself, said Alex Andrade, the city's economic development director.
"The intent was always to market the site as a revenue generation strategy," Andrade said, explaining why the council passed on an opportunity to meet demand for housing on the site, potentially requiring that it be reasonably priced.
City officials previously reported that the site could have between 150,000 and 300,000 square feet of office space, but a closer look at the city's general plan revealed that the limit would likely be 225,000 square feet. The general plan limits buildings to four stories and a 1.85 floor area ratio, 0.5 of which is allowed for office space.
Andrade and communications director Shonda Ranson withheld details of the proposals, with Andrade saying, "it's not public information mostly because council has not had an opportunity to negotiate (with the developers)."
The details of the proposals will be presented to the public in the first hour of the June 10 closed session about the property at 4:30 p,m., before the council begins closed-door negotiations.
The meeting will be held at City Hall, 500 Castro St.