


SARATOGA — A developer purchased several acres of land in Saratoga where the real estate firm has proposed hundreds of homes through a streamlined planning process.
Acting through an affiliate, a group of South Bay business executives paid $30.6 million for a property near the corner of Chester Avenue and Allendale Drive, according to documents filed on June 20 with the Santa Clara County Recorder’s Office.
Bellicitti Family Partnership sold the Saratoga site to Thomas J. Wilson, Dustin T. Mannina, Sachneel Patel and Jeffrey Bader, according to real estate records. The real estate allies are planning to develop a 231-unit residential project known as Vineyard One on an 11.6-acre site, city planning documents and a post on the development website show.
The proposed development would consist of 85 townhomes, 84 residential flats, 24 single-family detached units, and 38 attached accessory dwelling units, a letter posted by the Saratoga Planning Department shows.
Saratoga city planners are reviewing the project.
The real estate alliance also obtained a $23.3 million loan from West Coast Community Bank at the time of the purchase, county real estate records show.
The next major step in the city’s process for the project is to allow the public to review the development’s environmental impact report, according to Wilson.
“We are going through the EIR process now,” Wilson said in an interview with this news organization. “The EIR is where the community can provide input about the development and the EIR. We are just taking it step by step to go through the process.”
The developers are using a builder’s remedy approach for the project. Cities that do not have a state-approved housing element cannot deny approval of qualifying projects even if the proposals are inconsistent with the city’s general plan or zoning laws.
The city website stated that developers have proposed 22 projects in Saratoga that are pursuing a builder’s remedy gambit.
The development group asserts the project is poised to benefit Saratoga.
“Leveraging California’s Builder’s Remedy guidelines, Vineyard One demonstrates how thoughtful development can address housing needs while enhancing neighborhood character,” the development group states on its website. “Through careful planning and community engagement, we’re creating an inclusive community.”