Watermarke Sandpointe Mixed-Use Development

At a glance

  • What: Density Bonus Agreement No. 2026-03 for mixed-use development at 200 East Sandpointe Avenue: 400 residential units (20 affordable to extremely low-income households) and 13,887 sq ft of commercial space.
  • Where it stands: Continued from July 7, 2026 meeting. Council voted to continue on 2026-08-04 for further review rather than approve.
  • Next: Further review required; no date set.

The proposal

A 400-unit rental residential development with:

  • 20 affordable units (5% of total) restricted to extremely low-income households
  • 55-year affordability covenant
  • 13,887 sq ft of commercial space
  • Located at 200 East Sandpointe Avenue, APNs 411-111-07, 411-111-09, 411-111-10, 411-111-11
  • Applicants: CM Sandpointe LLC, GH Sandpointe LLC, VMT Sandpointe LLC, QC Sandpointe LLC

Decision on 2026-08-04

Council voted to continue the item rather than approve, with 5 voting to continue, 1 abstaining, 1 absent. The motion indicates the council wanted further review before final approval.

Sources

Log

2026-08-04 - City Council

Continued for further review. 5-0-1-1 (Phan abstained, Lopez absent). Moved by Vazquez, seconded by Hernandez.

July 7, 2026

Item continued from earlier City Council meeting.