995 East Santa Clara Street has been purchased by the Bay Area-based First Community Housing residential developer for $5.5 million. The East Bay Times reports that the purchase brings FCH a step closer to realizing a 125-unit affordable housing structure on an 18,300 square foot parcel near downtown San Jose. The project benefits from San Jose’s General Plan 2040 Urban Village zoning.
CIM Group and Strada Investment Group announced earlier this week that construction is over for the 16-story residential building at 1150 Clay Street in Downtown Oakland. Residential move-ins will begin imminently, adding 288 new apartments to the market.
Permits have been filed to double the residential capacity of 619-621 West Grand Avenue in Downtown Oakland. The proposal will add 2,370 square feet to an existing duplex for a total of 4,440 square feet. Lillian Rafii is listed as the site owner.
New building permits have been filed for a four-level residence at 35 Belgrave Avenue, in the Clarendon Heights neighborhood of San Francisco. The proposal would replace an existing single-family dwelling with a larger single-family home and ADU across 8,600 square feet. Adam Forste of Bay Grove is listed as responsible for the development through the 35 Belgrave LLC.
Permits have been filed for seven of ninety-five single-family residences within the Iron Oaks at Alamo Creek development in Danville, Contra Costa County. The project will add a new addition of multi-million dollar units to one of the Tri-valley area’s affluent and low-density-zoned cities. The Toll Brothers will be responsible for the development.
