Articles by Andrew Nelson

The Maxwell, rendering by WRNS Studio

Over Quarter Billion Dollars in Funding Secured for 1330 South Bascom Avenue, San Jose

Construction funding has been secured for 1330 South Bascom Avenue, a large eight-story multi-family building in west San Jose. The development team received $284 million from an Australian pension and retirement fund to build The Maxwell, the nearly six hundred unit apartment component of the transit-oriented South Bascom Gateway Station masterplan. Newmark announced in a press release that construction is expected to start by the end of the month.

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333 12th Street exterior view during the day, image courtesy Panoramic

City Considered Buying 333 12th Street For Family Housing in SoMa, San Francisco

The City of San Francisco is considering purchasing 333 12th Street, an eight-story residential development recently built in SoMa, San Francisco. The move is symbolically significant, as 333 12th Street was the first proposal in the city to use the State Density Bonus Program, increasing its residential capacity by 35%, with 200 multi-family units. Now, the building may become part of the city’s mission to end family homelessness. The City and County of San Francisco Department of Homelessness and Supportive Housing would become the property owners.

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Brooklyn Basin aerial rendering, image courtesy Planning Document

New Rendering with Third Tower for Brooklyn Basin, Oakland

A new rendering has been published ahead of tomorrow’s meeting with Oakland’s Design Review Committee for Brooklyn Basin, a waterfront master-planned development. The request would expand the development’s residential capacity to hold 3,700 apartments, with over a hundred more boat slips. Oakland-based Signature Development Group is developing the project, with joint financing from Signature, Zarsion Holdings Group, and Reynolds & Brown.

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