Parcel Projects and McCormack Baron Salazar have proposed a visionary seven-story mixed-use building at 2301 Telegraph Avenue in Northgate, Oakland. The plan will create a multi-faceted cultural anchor led by several local organizations and 58 affordable housing units. Architectural design is a collaboration with Parcel Projects and Mithun.
Construction financing has been secured for the 189-unit residential development at 85 Cleaveland Road in Pleasant Hill, Contra Costa County. The project has received $94.3 million arranged by JLL Capital Markets with Gemdale USA, Bank OZK, and AvalonBay Communities.
New building permits are filed for a four-story residential infill at 500 Leisure Lane in North Sacramento. The Leisure Lane Apartments would create 121 market-rate apartments on the former Woodlake Hotel property. AG Spanos Companies is the developer operating for property owner Columbia Pacific Management.
The Draft Environmental Impact Report has been published for a mixed-use infill at 1881 West San Carlos Street in Burbank, San Jose. The project will feature apartments, senior care beds above the courtyard, and ground-level retail. The proposal is from San Jose Real Estate Investors Association CEO Lori Greymont, operating through Oak Glen Ventures LLC.
The City of Oakland has approved steps to constructing two affordable housing buildings at 101 East 12th Street in Merritt, by Downtown Oakland. The decision comes months after rejecting a mixed-income project co-sponsored by UrbanCore and the East Bay Asian Local Development Corporation. Now, EBALDC and Satellite Affordable Housing Associates are expected to develop the lot with 100% affordable housing.
