Articles by Andrew Nelson

505 Brannan Street, rendering courtesy Heller Manus Architects

Singaporean REIT Purchases 505 Brannan Street & 510 Townsend Street

5:00 am on November 17, 2020 By Andrew Nelson

Singapore’s Ascendas Real Estate Investment Trust, or Ascendas REIT, recently purchased two buildings in San Francisco for $572 million. Alexandria Real Estate Equities (ARE) and TMG Partners are on the other end of the move, parting with their partnered ownership of 505 Brannan Street and 510 Townsend Street in the SoMa neighborhood. This transaction follows the pair’s recent success in selling the 945 Market Street mall to Ikea. The deal marks Ascendas’ introduction to the Bay Area real estate market.

469 Stevenson Street, rendering by Solomon Cordwell Buenz

Renderings Revealed for 27-story 469 Stevenson Street, SoMa, San Francisco

5:30 am on November 16, 2020 By Andrew Nelson

Plans for a new twenty seven-story development at 469 Stevenson Street have recently been brought to the public’s attention by an informational presentation to San Francisco’s Planning Commission. The tower will rise 274 feet high in SoMa. Inside, over half a million square feet will bring 495 new houses to market. San Francisco-based BUILD is responsible for the development.

995 East Santa Clara Street, development by First Community Housing designed by David Bark Architects via the East Bay Times

995 East Santa Clara Street Purchased by First Community Housing, Roosevelt Park, San Jose

5:00 am on November 16, 2020 By Andrew Nelson

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.

1150 Clay Street, design by Kennerly Architecture

CIM Group & Strada Open 1150 Clay Street, Downtown Oakland

5:30 am on November 15, 2020 By Andrew Nelson

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.

619-621 West Grand Avenue front facade, drawing by the Architect Office

Permits Filed for 619-621 West Grand Avenue, Downtown Oakland

4:30 am on November 15, 2020 By Andrew Nelson

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.

35 Belgrave Avenue looking southwest, design by John Maniscalco Architect

Renderings Revealed for 35 Belgrave Avenue, Clarendon Heights, San Francisco

5:00 am on November 14, 2020 By Andrew Nelson

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.

106 Turanian Court, Spanish Colonial design, rendering courtesy Toll Brothers

Toll Brothers File Permits for Iron Oak at Alamo Creek in Danville, Contra Costa County

4:30 am on November 14, 2020 By Andrew Nelson

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.

598 Brannan Street with phase two to the right of the rendering, by Mitsui Fudosan

Phase Two for 598 Brannan Street, SoMa, San Francisco, Goes to Planning Commission

5:30 am on November 13, 2020 By Andrew Nelson

Authorization for the second and final phase for Brannan Square in SoMa, San Francisco, is heading to the city’s planning commission. The second phase will include the construction of 211,600 square feet of office space and 11,050 square feet for retail with light industrial use in one of three planned new buildings. Tishman Speyer is responsible for the development.

Northlake overview, via Northlakelife.com

Permits Filed for New Housing at Northlake Development in North Natomas, Sacramento

4:30 am on November 13, 2020 By Andrew Nelson

Permits for seven single-family houses have been recently filed as part of the Northlake suburban development in Natomas, Sacramento. The units will range in size from 2,100 and 2,360 square feet, with 447 square feet garages, porches, and water-efficient landscaping. Lennar Homes of California Inc. with Integral Communities are responsible for the development.

6733 Foothill Boulevard, rendering by AO Architects

Renderings Revealed for Affordable Housing at 6733 Foothill Boulevard, Havenscourt, Oakland

5:30 am on November 12, 2020 By Andrew Nelson

New development permits have been filed for 6733 Foothill Boulevard in Havenscourt, Oakland. The over 100,000 square foot parcel will add 539 affordable apartments in the mid-rise project beside the Eastmont Town Center shopping mall. AMG & Associates are responsible for the development.

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Articles by Andrew Nelson

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