Updated plans have shifted a potential apartment complex from predominately market-rate to fully affordable housing at 860 West San Carlos Street in San Jose, Santa Clara County. The updated plans include a slight unit increase compared to the prior 12-story application. The project is a joint venture by Swenson and Republic Urban Properties.
The City of El Cerrito and project developer Related California have been awarded $39.1 million in state funding for the El Cerrito Plaza Transit-Oriented Development in Contra Costa County. The financing will allow the team to start construction on the first affordable housing building in phase one, which is expected to start next year.
Alongside the Tuesday ribbon cutting atop Verde, my recent site visit to Mission Rock gave me an opportunity to document the completion of phase one of the ambitious master plan along the San Francisco waterfront. Construction has replaced about half of the 28-acre surface parking lot with over five hundred homes, more than half a million square feet of commercial real estate, new internal streets, shops, and a public park across from Oracle Park. The project has been a joint venture with Tishman Speyer and the San Francisco Giants.
The Palo Alto Architectural Review Board is scheduled to meet this morning to discuss plans to convert a vacant movie theater into office space within the Palo Alto Square office campus. The property, at 3000 El Camino Real, had been occupied by the CinéArts at Palo Alto Square Theater until it permanently shuttered in 2021. Hudson Pacific Properties is the project client.
Tishman Speyer and the Giants gathered the project team and elected officials yesterday afternoon to celebrate the ribbon cutting of Verde, the 23-story residential addition in San Francisco’s Mission Rock master plan. The green tile-clad tower is the fourth and final structure in phase one of the multi-phase redevelopment of the Giant’s 28 acres of surface parking. The building offers 254 apartments alongside 59 units of affordable housing.
