Construction is expected to begin soon for 1500 S Street, a six-story mixed-use development in Downtown Sacramento. After $59 million has been secured, developers are expected to add 137 new homes to the city. Anthem Properties is responsible for the development.
New renderings have been published for a proposed three-story residential addition to 186-198 Leland Avenue in San Francisco’s Visitacion Valley neighborhood. The development will build two new commercial spaces and four apartments. Stanley Lee is listed as the property owner and project applicant.
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.
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.
