Plans have surfaced for a potential increase to the active construction site at 3637-3657 Sacramento Street in Presidio Heights, San Francisco. The documents look into invoking the city’s Family Zoning Plan to increase the floor count and residential capacity. Sacramento Locust Associates is the project sponsor, with San Francisco-based Litke Properties responsible as the property owner.
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Recent permit activity has been spotted for a previously dormant nine-story proposal at 321 Florida Street in San Francisco’s Mission District. The application is now being pursued by a joint venture with DM Development and Thompson Builders. The filings come in the wake of reporting by J.K. Dineen for the San Francisco Chronicle that the project team hopes to start construction as early as this Fall.
The Walnut Creek Planning Commission will meet today to discuss the design review aspects of a proposed project at 1532 Mount Diablo Boulevard. Likely areas of discussion will include how the eight-story project would bring a large amount of new housing to a high-demand area, but that its scale is significantly larger and out of sync with the surrounding buildings. The project is being sponsored by Align Real Estate, who have notably proposed several similarly scaled-up projects throughout the Bay Area.
The Santa Clara Planning Commission is scheduled to review plans tonight to annex a portion of 451 El Camino Real into Santa Clara, Santa Clara County. The move would carve out nearly an acre from San Jose to allow for the development of 408 apartments overlooking the city’s Caltrain Station to occur without crossing city borders. Newport Beach-based Bixby Land Company is the project developer and applicant.
A recently opened senior living community at 3355 Almaden Expressway in San Jose was sold last week to a new real estate firm. George Avalos of the Mercury News reported that Welltower Inc, a major healthcare-focused group, purchased Novelle Senior Living for just under $100 million in cash. The site is a recent construction, opening it’s doors just last year. As of now, it is unclear why the original developers, Columbia Pacific Advisors and SRM Development, chose to sell it so soon after completion.
