“Star Wars” creator George Lucas has submitted plans to the Marin County (Calif.) Development Agency to build 224 units of affordable workforce and senior housing on 52 acres at Grady Ranch.
This proposal is the latest broadside in an ongoing battle between Lucas and residents of this affluent neighborhood who, in the past, have blocked Lucas’s efforts to expand his production company, Lucasfilms. Two years years ago, Lucas also encountered opposition to his plan to sell land at Grady Ranch to a developer for affordable housing.
Lucas, who has owned land in Marin County since 1978 (that property is called Skywalker Ranch), said he would build the housing himself, but that project lost its financial backing in 2013. The Marin Independent Journal reported at the time that the costs for the project would fall somewhere between $120 million and $150 million.
Now, Lucas—whom Forbes estimates is worth $5.1 billion—says he will finance 100% of the housing project, according to Gary Giacomini, former county supervisor and an attorney for Skywalker Properties.
The initial reactions to Lucas’s latest proposal have been mixed, with one local supervisor worrying about the “cumulative impact” of a project that large on the community. Other supervisors see the proposal as an opportunity to make a dent in the county’s shortage of affordable housing. Thomas Peters, CEO of the Marin Community Foundation, called Lucas’ plan an “extraordinary offer” that underscores the filmmaker’s commitment to the housing needs of the vibrant workforce that drives the region’s vitality. (Ironically, the Foundation was the financial backer that bailed on Lucas’s housing plans two years ago.)
Lucas’s proposal call for 120 two- and three-bedroom workforce rental homes in one four-story cluster and two two-story clusters. There would also be 104 one- and two-bedroom residences for seniors in a four-story cluster, according to the Independent Journal. Zoning at Grady Ranch allows for up to 324 homes at this site, which is where Lucas had originally intended to expand his studio facilities.
The architect for this project is Robert W. Hayes of Sausalito, and the project is being coordinated and managed by PEP Housing of Petaluma, which developed Toussin Senior Apartments, an affordable complex that Hayes had designed.
Applicants for the workforce housing need to be earning less than 80% of the market’s median household income. The seniors applying for housing need to fall within 30% and 60% of that median. Quoting Census estimates, the Washington Post reports that 7.7% of the county’s residences live below its $90,839 median income level.
Related Stories
Adaptive Reuse | Mar 15, 2024
San Francisco voters approve tax break for office-to-residential conversions
San Francisco voters recently approved a ballot measure to offer tax breaks to developers who convert commercial buildings to residential use. The tax break applies to conversions of up to 5 million sf of commercial space through 2030.
Apartments | Mar 13, 2024
A landscaped canyon runs through this luxury apartment development in Denver
Set to open in April, One River North is a 16-story, 187-unit luxury apartment building with private, open-air terraces located in Denver’s RiNo arts district. Biophilic design plays a central role throughout the building, allowing residents to connect with nature and providing a distinctive living experience.
Affordable Housing | Mar 12, 2024
An all-electric affordable housing project in Southern California offers 48 apartments plus community spaces
In Santa Monica, Calif., Brunson Terrace is an all-electric, 100% affordable housing project that’s over eight times more energy efficient than similar buildings, according to architect Brooks + Scarpa. Located across the street from Santa Monica College, the net zero building has been certified LEED Platinum.
MFPRO+ News | Mar 12, 2024
Multifamily housing starts and permitting activity drop 10% year-over-year
The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year.
Affordable Housing | Mar 11, 2024
Los Angeles’s streamlined approval policies leading to boom in affordable housing plans
Since December 2022, Los Angeles’s planning department has received plans for more than 13,770 affordable units. The number of units put in the approval pipeline in roughly one year is just below the total number of affordable units approved in Los Angeles in 2020, 2021, and 2022 combined.
MFPRO+ Special Reports | Mar 6, 2024
Top 10 trends in senior living facilities for 2024
The 65-and-over population is growing faster than any other age group. Architects, engineers, and contractors are coming up with creative senior housing solutions to better serve this burgeoning cohort.
Multifamily Housing | Mar 4, 2024
Single-family rentals continue to grow in BTR communities
Single-family rentals are continuing to grow in built-to-rent communities. Both rent and occupancy growth have been strong in recent months while remaining a financially viable option for renters.
MFPRO+ News | Mar 2, 2024
Job gains boost Yardi Matrix National Rent Forecast for 2024
Multifamily asking rents broke the five-month streak of sequential average declines in January, rising 0.07 percent, shows a new special report from Yardi Matrix.
MFPRO+ News | Mar 1, 2024
Housing affordability, speed of construction are top of mind for multifamily architecture and construction firms
The 2023 Multifamily Giants get creative to solve the affordability crisis, while helping their developer clients build faster and more economically.
Multifamily Housing | Feb 29, 2024
Manny Gonzalez, FAIA, inducted into Best in American Living Awards Hall of Fame
Manny Gonzalez, FAIA, has been inducted into the BALA Hall of Fame.