In the past, (about 2011) developers proposed a high density residential development at the junction of Shannon Rd and Los Gatos Blvd. Home prices are currently projected to start in the low one millions. Home sizes are currently planned from 1600 square feet to one at 2300.
Across the street, another new development is being proposed with 22 homes on approximately 2 acres. Currently located on this lot is a now vacated building. Across the street is the former Honda car dealer. Residents who travel south on Los Gatos Blvd. towards town or the Hwy 9 entrance to the freeway will deal with Los Gatos Blvd. where it funnels down from 4 lanes to 2. If they travel north on Los Gatos Blvd, they will run incur the additional traffic from the new development at Swanson Ford, plus another development proposed at Blossom Hill at Hwy 17.
Traveling north another mile or so, they will arrive at Lark where they will then run into potentially another estimated 4000 cars trips per day generated by the North 40 project.
One concern of the Honda(s) projects it that they will take away property that has been commercial property that generates dollars for the cities budget.