Planning permits have been filed for a potential residential addition to the recently sold apartment complex at 81 Mayhew Way in Pleasant Hill, Contra Costa County. The project would add 149 apartments to the existing 418-unit senior housing community. Bridge Investment Group Holdings and Bridge Workforce Funding are the property owners after purchasing the site for $101 million this July.
George Avalos for the Bay Area News Group first reported on the commercial translation in late July this year. Avalos detailed that the new Utah-based is focused on providing affordable housing for workforce residents, with units to be priced as affordable to households earning less than 80% of the area’s median income.
Additional reporting by Hannah Kanik of the San Francisco Business Times identified Boswell Alliance Construction as the previous owner. Boswell Alliance Construction was responsible for building up the residential neighborhood in the mid-1960s.
81 Mayhew Way, image via Google Street View
Full build-out is expected to result in 567 units across the 23-acre property. Future residents will be close to the Iron Horse Regional Trail and a nearby strip mall. The Pleasant Hill Contra Costa Centre BART station is a mile away, 20 minutes away on foot or five minutes by bicycle.
The developer is seeking to use Senate Bill 330 to streamline the approval process. Additional details about the project have yet to be shared.
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