San Francisco’s Yerba Buena Island, in the water halfway between the city and Oakland, is being redeveloped with over two hundred apartments. Commuters on the Bay Bridge will have already noticed The Bristol Residences, a newly-clad apartment complex facing the East Bay. Now, groundbreaking has occurred and construction is underway for the Townhomes and the Flats residences.
At full build-out, Yerba Buena will add 266 new residential units to the housing market. Of that, 14 below-market-rate homes for sale. These include two studios, six one-bedroom units, five two-bedroom units, and a three-bedroom home. Prices will range from $139,631 to $511,530 without parking, or $254,631 to $626,530 with parking. The City is taking applications now between now and Wednesday, November 10th at 5 PM. For information about how to apply, see the pamphlet here.
News broke in late September that crews broke ground for the Townhomes and the Flats. Now, The Bristol, located at 301 Macalla Court, is readying for move-ins by early 2022. The building includes two floors of below-grade parking and five floors for 124 residential units spanning a quarter of a million square feet.
The Flats is a series of luxurious buildings featuring fewer than ten units each, with a total of seven-nine boutique whole-floor residences The Townhomes will include 31 private residences spanning 2,100 to 4,200 square feet each.
The Courtyard Townhomes will be a series of townhome-style structures with central courtyards starting at over 3,000 square feet. Last but not least, the Estate Homesites feature five special lots designated for mansions. Prices for each of the five lots start around $6 million. Buyers are encouraged to work with an architect of their choosing for a custom design.
Beyond the new housing, construction is affording pedestrian and cycling trails for a once inaccessible island, with 72 acres of parks and green space, trails, and access to a sandy beachfront. There will be a dog park, island club, and a 10,000 square foot private community gathering place designed by Aidlin Darling Design. Crews are also adding a new east-facing observation deck looking toward Oakland.
The project will also benefit from its proximity to the mixed-use district development by the same firms on Treasure Island, a man-made extension to Yerba Buena Island. Construction has already started on a few of the many structures that will populate Treasure Island, the Bay Area’s largest single development project with as many as eight thousand new apartments, hotel rooms, shops, and acres of public land.