Santa Cruz CA · Recently acquired
Driftwood Flats
Project overview & gallery · 2 images
About the project
CRP has entered into an agreement with a market-rate developer who will contribute the land value to the project before the construction loan closing, fulfilling the inclusionary housing requirements for another development they are undertaking in the same area. The proposed development is located within Santa Cruz’s planned Downtown Expansion Area, which is currently experiencing, and is expected to continue experiencing, significant commercial and residential redevelopment.