One of the first stories covered by SFYIMBY was the announcement that IKEA’s parent company, Ingka Centres, purchased 945 Market Street in SoMa for over a quarter billion dollars. Now, the property owners has filed a request for a project review meeting with the City of San Francisco. The application reveals new detail on the most significant real estate development in the Bay Area expected for 2021.
New renderings are out for 2015 Blake Street after the development team resubmitted plans for the multi-structure residential project on Downtown Berkeley’s edge. The seven-story and three-story buildings yield 168 units with parking and open space on-site. Laconia Development LLC is responsible for the project.
Today’s headline story is a project review of one of the more substantial urban developments in the Bay Area. KT Urban plans to build a 1.8 million square foot office building at 280 Woz Way in downtown San Jose, the heart of Silicon Valley. The project will bring two 297-foot conjoined towers, replacing a handful of single-family houses and extending the city’s burgeoning skyline further south.
Demolition permits have been filed to build a four-building complex at 825 6th Avenue in Merritt, Oakland. The four three-story buildings will produce a total of fifteen town-house units surrounding a landscaped courtyard. Riaz Capital is responsible for the development.
Construction is moving quickly on the 26-story tower at 30 Otis Street in SoMa, San Francisco. Since SFYIMBY’s update in late September, the concrete structure has topped out, and the curtain wall glass facade is just a handful of stories from the peak. Once complete, the project will produce 418 new residential units in the ‘The Hub,’ a rezoned district as part of the city’s master plan. Align Development is responsible for the design.
