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Sunnyvale’s AI Housing Boom | Real Estate News

Sunnyvale’s planning commission just approved a major housing project: 137 new townhomes on Kifer Road, replacing an old industrial building. Designed to meet the soaring demand from Silicon Valley’s AI boom, the development includes 13 three-story buildings and a central green space—with 28 units reserved for affordable housing targeting first-time buyers, downsizers, and qualifying families. The site, once owned by Fortinet, is part of a broader trend of redeveloping underused commercial land. With a state mandate to deliver nearly 12,000 new homes by 2031—including many affordable—this…

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