Three proposals received for downtown Parking Plazas

Published on February 09, 2026

Three development teams submitted proposals in response to the City’s request for proposals (RFP) to develop housing and other uses on Parking Plazas 1, 2 and 3, the City-owned downtown surface parking lots. The proposals from Alliant Communities, Presidio Bay Ventures and Related California and Alta Housing would provide between 345 to 500 new homes, and each includes potential strategies for replacing at least 556 public parking spaces.

City Council will receive an informational item at its Feb. 10 meeting. It includes more about the proposals and a tentative schedule for public feedback and City Council review. More information on the meeting is available on the City webpage.

Visit the Downtown Development webpage to stay informed about future updates, including the date and time of a community open house tentatively planned for March 2026.