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Affordable Housing in Stanford Research Park

by SRP on June 29, 2017

Since its earliest days, Stanford Research Park has strived to be a vital center of innovation, jobs, and services. Meeting this objective requires that the Research Park evolves along with changes in the greater community. One such change is the well-documented affordable housing shortage in the Bay Area. It was therefore with great excitement that, in June 2017, we opened the doors to Mayfield Place, a 70-unit affordable housing community at 2500 El Camino Real.

The 1.8-acre site in the Stanford Research Park offers apartment homes to low- and moderate-income residents so that a diverse range of community members are able to live in Palo Alto. Mayfield Place features one-, two-, and three-bedroom apartments from 650 to 1,200 square feet, and eligible residents must have incomes no greater than 60 percent of the area median income. Property amenities include covered parking, a fitness center, a picnic area with barbecue, a community room with kitchen, laundry room, and bike storage rooms on every floor.

With close proximity to Caltrain, local VTA transit, and jobs and services along California Avenue and El Camino Real, Mayfield Place provides residents with options to minimize reliance on automobile use. To further encourage use of public transit, all Mayfield Place residents receive free VTA Eco Passes, which allow unlimited travel on Santa Clara Valley Transportation Authority buses and light rail.

In addition to providing affordable housing for individuals and families, ground-floor spaces at Mayfield Place are leased to Vista Center for the Blind and Visually Impaired and to Fambrini’s Café, allowing them to continue serving the community.


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