Lane Partners has sold the vacant parcel at 500 South Almaden Boulevard in Downtown San Jose to Satellite Affordable Housing Associates for $1.3 million. The sale brings SAHA closer to building dozens of new dwelling units for the San Jose housing market, directly across from the future construction sites of 253 and 280 Woz Way.
Preliminary site development permits have been filed regarding a 20-story mixed-use building at 420 South 3rd Street in Downtown San Jose. The project would create 152 new residential units on top of 44,200 square feet of ground-level retail. Urban Community is the property owner after a $13 million sale this April.
Public notices are circulating for the four-story mixed-use building at 474-484 Haight Street in San Francisco’s Lower Haight neighborhood. The project will replace a property with vacant retail space with a new child-care facility and residential housing. Tommy Lee of Merced Residential Care is listed as the property owner, operating through Haight Tower LLC.
Construction has officially started on the Potrero Power Station development in Dogpatch, San Francisco, following yesterday’s groundbreaking ceremony. With Mayor London Breed in attendance, the event marks the beginning of a 29-acre redevelopment that will open up a portion of the city’s eastern waterfront to the public with 5.3 million square feet of offices, housing, and retail around public parks and transit featuring designs by Foster + Partners and Herzog & de Meuron. California Barrel Company of Associate Capital is responsible for the development.
The 31st tallest building in the Bay Area planned or built is 333 Bush Street, a 495-foot tall mixed-use building in San Francisco’s Financial District. The project is two blocks away from the Montgomery Street BART Station. Opened in 1986, Skidmore, Owings & Merrill is the project architect.
