Campbell Project Becomes California’s First Development Approved Under SB 684

CAMPBELL, CA — A six-townhouse development in Campbell has made history as the first project in California approved and set to be delivered under Senate Bill 684 (SB 684) — a groundbreaking state policy designed to streamline approvals for small-scale subdivisions and expand access to attainable housing across the state.

What is SB 684?
Signed into law in 2023 and effective as of July 2024, SB 684 simplifies the approval process for “missing middle” infill housing projects, typically between 2 to 10 lots. By reducing regulatory hurdles, the legislation aims to accelerate the development of neighborhood-compatible housing and address California’s pressing housing shortage.

AlphaX Leads the Way
The Campbell project is being developed by AlphaX, a vertically integrated real estate investment and development firm specializing in infill housing communities. With six carefully planned lots, the project embodies SB 684’s mission: creating homes that are attainable, sustainable, and thoughtfully designed.

“At AlphaX, we’re honored to pioneer this important milestone for California housing,” the company said in a statement. “This project reflects our commitment to delivering housing solutions that meet the needs of diverse buyers while supporting smarter, more inclusive growth.”

The firm also expressed gratitude to state legislators and local leaders whose support for forward-thinking housing policy has allowed developers to bring legislative intent to life.

Looking Ahead
Beyond SB 684, AlphaX is actively exploring future opportunities under SB 1123, another recently passed state measure aimed at expanding small-scale housing development.

Contact & More Information
To learn more about AlphaX’s Campbell project or other developments, email info@alphax-capital.com.
For investment opportunities, schedule a 1-on-1 meeting with AlphaX’s expert team: Book here.