The units would be divided among three new buildings on the same property as the existing Peninsula Glen and Woodcreek apartments on Hostmark Street.
More parking and landscaping will be added, according to a notice of application published Nov. 11.
The apartment owners also are seeking to combine the two lots through a boundary line adjustment. The 10-acre property is zoned residential high.
Both Peninsula Glen and Woodcreek recently sold and are now managed by Pacific Living Properties.
The full notice is posted below: