Information on the Target

The residential development site located at 3100–3118 Patrick Henry Drive in Santa Clara, California, spans 2.52 acres and is strategically positioned near Levi’s Stadium, home to the San Francisco 49ers. Recently acquired for $12.5 million by an affiliate of JEMCOR Development Partners and Scaled Projects, the site is zoned for high-density residential development, potentially accommodating between 100 to 149 units per developable acre with a permitted maximum height of 160 feet.

This parcel lies within the Patrick Henry Drive Specific Plan Area, envisioned as a vibrant, transit-oriented mixed-use neighborhood. The development will introduce new residential, retail, and public open-space amenities, further contributing to the city's growth and livability.

Industry Overview in Santa Clara

Santa Clara is situated in the heart of Silicon Valley, a region renowned for its innovation and technology sector. The area has seen significant economic growth and development over the past decades, with major employe