Here's one view of the proposed Village @ 1500 Newell, a new four-story, 39,946-square-foot, mixed-use development proposed for the corner of Newell Avenue and South Main Street. It will include 49 condominium units--some flats, some townhomes, and some affordable--and shops on the ground floor, and two levels of underground parking.
Notably, it will feature a "pedestrian promenade" along Las Trampas Creek (the view you're seeing here), and the developer will improve the Main Street bridge pedestrian crossing. For creating this "Creek Walk," which qualifies as a new park area, and bridge improvements, the developer, Essex Trust, will get out of paying $200,000 in fees.
This project will replace that big, white, eight-story office building (that was once decorated with a peace sign), and, sigh, that lovely retail building with the 7-Eleven.
The Planning Commission is going to talk about this project at its meeting tonight at 7 p.m. You can read more about it in the Community Development Department's staff report.