$6.5 billion mega-project approved near Levi’s Stadium

Levi’s Stadium can bring some money into the local economy, but this kind of development project is where the real money is at.

Santa Clara is getting some serious investment in the coming years. The city council voted to unanimously approve a $6.5 billion private development project for the area next to Levi’s Stadium. The mixed-use project will go on a 240 acre site that currently includes a golf course and dirt-bike track. Construction is expected to begin in late 2017, and rolled out in phases.

A real estate firm involving Joe Montana was originally the lead on a development plan. They are no longer leading it, but will still be involved, and it sounds like there will potentially be a…