The Davis Chamber of Commerce Board of Directors voted in support of the proposed Sterling Housing project that is slated to be reviewed and voted on by the City Council on April 18, 2017. This is the public statement that the chamber board approved in April 2016 and updated in March 2017 .
The Davis Chamber of Commerce Board of Directors supports The Dinerstein Companies Sterling student housing project proposed at 2100 Fifth Street. Based on the project as presented, the Davis Chamber Board of Directors supports the current design at expected density or higher.
The Dinerstein Companies is the largest builder/developer of off-campus student housing in the country and the leading green developer with $1.91 billion in LEED Gold apartment product completed or currently in development.
The Sterling project is slated to include 203 market rate units with an additional 41 affordable housing units (Note: the revised project proposes 160 market-rate units, a separate parcel and apartment building for 38 affordable units). The plan incorporates a dense, compact design to make the best use of the site space available. The Sterling project will help to provide much need supply to the housing market for the influx of students that UC Davis expects to add over the next three years.
Housing Supply The Davis Chamber of Commerce generally supports the goals and policies of the Davis General Plan’s Housing Element which promotes an adequate supply of affordable ownership and rental housing for local employees, students, low income and disabled persons, and seniors (2001 General Plan Goals 6.1 and 6.2). Specifically, the chamber supports the city standards and actions which implement these goals and policies, including:
• Providing a range of unit sizes and a mix of housing types, densities, designs, prices,
• Providing a buyer’s selection process for low, moderate, and middle income ownership units which gives the highest priority to households with a member of the local workforce (General Plan Policy 4.3); and
• Encouraging a variety of housing types and care choices for seniors of all income levels (General Plan Policy 1.8).
The mission of the Davis Chamber of Commerce is to promote, support and advocate on the general economic vitality of its membership and the quality of life for the community.
For additional details on the project, please visit http://cityofdavis.org/city-