Preliminary permits have been filed for an eight-story residential infill at 2036 Bancroft Way in Downtown Berkeley, Alameda County. The project aims to bring 87 apartments to the narrow parcel, including four units of affordable housing. Vindium Real Estate is the project sponsor.
The 85-foot-tall structure will yield 80,340 square feet, including 70,900 square feet for housing. Four of the new dwellings will be designated as affordable to very low-income households earning less than half of the Area’s Median Income. Parking will be included for 19 cars and 63 bicycles.
Rhoades Planning Group is consulting on land use and urban planning. An existing commercial retail building will need to be demolished. Two residential complexes with eight units will be moved to a separate location. The Broad Building, an Eastlake-style Victorian at 2032 Bancroft Way, will be moved to 2428 Milvia Street as pursued through a separate permit.
Studio KDA is the project architect, though illustrations have yet to be shared. The estimated cost and timeline for construction have yet to be established.
The property is located along Bancroft Way between Milvia Street and Shattuck Avenue. The Downtown Berkeley BART Station is just three blocks away. The site is next door to 2028 Bancroft, a 37-unit apartment complex developed by Vindium Real Estate.
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