Midas Apartments
Rocklin
Description
A 281-unit, 100% affordable four-story apartment project on 7.1 acres was continued to a date uncertain after the council asked for more analysis on unit reduction and Midas Avenue access.
Impact summary
Would bring hundreds of affordable units and roughly 1,350 daily vehicle trips to a congested two-lane corridor near a rail crossing and fuel pipeline — neighbors say it's too much for the location; the applicant says it's far less than state law would allow.
Applicant
- Name
- Waterford Property Company / Cypress Equity Investments
- Address
- Northwest corner of Midas Avenue and Pacific Street, Rocklin, CA
At a glance
- Hearings
- 2
- Public comments
- 30
- Total mentions
- 2
Last vote · City Council
Discussed at 1 meeting in the last 60 days; most recently Oct 13, 2026.
Meeting timeline (2)
City Council - Oct 13, 2026
A 281-unit, 100% affordable, four-story apartment complex on 7.1 acres continued to a date uncertain. The applicant added 25 parking spaces (406 total) and offered an emergency-vehicle-only option for the Midas Avenue exit, but the council wants more analysis first.
City Council - Aug 25, 2026
A 281-unit, 100% affordable multifamily project on 7.1 acres with three four-story buildings, 381 parking spaces, and a lot line adjustment. The council continued the hearing to October 13 after hours of testimony.
Related issues (2)
Midas Apartments affordable housing project
A 281-unit, four-story 100% affordable apartment complex proposed at Midas Avenue and Pacific Street has divided the community. Neighbors fear traffic, train-crossing backups, and pipeline safety risks; supporters say Rocklin needs housing for young workers priced out. The council continued the decision to study more options.
Midas Avenue traffic and school busing
Residents repeatedly said Midas was never built for the traffic it carries, worsened by school drop-offs at Springview Middle School. Mayor Bass asked staff to write the school district requesting restored busing to take cars off Midas.
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
The weekly brief for Rocklin
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.