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580-home San Luis Ranch project gets planners’ OK — now it’s on to the City Council

This rendering offers a bird’s eye view of the proposed San Luis Ranch project bordering Madonna Road and Oceannaire Drive in San Luis Obispo.
This rendering offers a bird’s eye view of the proposed San Luis Ranch project bordering Madonna Road and Oceannaire Drive in San Luis Obispo.

The San Luis Ranch housing proposal for 580 homes along with commercial, office and hotel space is now in the City Council’s hands.

The Planning Commission unanimously recommended the project to the City Council on Wednesday night.

The proposal off Madonna Road in San Luis Obispo would develop 40 acres of the 131-acre site, with an additional nine acres for roadways and 60 acres for agriculture and open space.

Supporters say it would provide much-needed workforce housing, but opponents believe it would add impacts such as traffic while taking away prime agricultural land.

The housing units would range in size from 250-square-foot apartments to a 2,200-square-foot homes, with the homes on small lots (the largest would be 3,200 square feet, half the size of the city’s current standard lot). Costs in today’s dollars would range from about $350,000 to $600,000.

The City Council will hear discussion on the proposal on July 5, and possibly continue the hearing to July 18.

 

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San Luis Obispo County's median home price rose to $530,000 in April 2017, up 3.9 percent from April 2016, according to CoreLogic. Here's a closer look at San Luis Obispo's housing market, by the numbers.

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