Tam Ridge Residences is more dense than it needed to be, due to incorrect numbers from ABAG on required housing units. By the time those numbers were corrected, it was too late to downsize the project Future developments in Corte Madera will not be this dense, now that we have learned that such density is actually not required While the project eases pressure on Corte Madera to build more residences in the immediate future, it's a poor excuse for affordable housing, with a mere 10% of units discounted—and still very expensive Once the apartments are fully occupied, the Town should conduct a traffic study to compare the actual impact with the development's forecasted impacts The Tam Ridge Res
In September of 2006, the Town of Corte Madera purchased the Park Madera shopping center on Tamalpais Drive for $10 million. The reasons for acquiring this property in the heart of town were many: with housing prices on the rise nationwide, real estate seemed like a sound investment; it was the ideal location for a future community center; and until that community center could be built, rent from the shopping center's tenants would provide the Town with a non-tax source of revenue. There was only one problem: the property had been appraised just four months earlier, at a value of $5.9 million. This inexplicable misuse of taxpayer dollars can only be described as disturbing. What happened? Ho
