The developers for 600 South First Street have secured enough funding for the development of a mixed-use tower in Downtown San Jose. Recent reporting by George Avalos of the Bay Area News Group confirms Scape, the international company focused on student and market-rate housing, has been loaned as much as $182 million by Madison Realty Capital. The proposal is expecting to create 336 new homes.
Articles by Andrew Nelson
The Environmental Impact Report has been published 800-803 Belmont Avenue, an affordable housing proposal for Belmont in San Mateo County. The project would create 125 new apartments, adding to the housing-starved city. ROEM Development Corporation is responsible for the project.
The seventh tallest tower in the Bay Area built or planned is 345 California Street, a mixed-use skyscraper in the heart of San Francisco’s Financial District. The building opened in 1986, adding office space to the commercial market, and the Mandarin Oriental hotel once occupied the top eleven floors. When completed, it was the third tallest in the Bay Area with a rooftop height of 725 feet.
The San Francisco Planning Commission is scheduled to vote on plans for 3055 Clement Street later today. The project is expected to add seven new homes and two retail spots in the city’s Outer Richmond neighborhood. Design Consultants Group is the project architect and sponsor.
Plans for a new tower have been revealed for Downtown Oakland. Ellis Partners has submitted a preliminary application to review plans for a 375-foot office building at 1919 Webster Street, located in the urban center of Oakland. If built, the proposal would replace an existing surface parking lot and a vacant six-story building.