A New York City-based private equity firm has purchased the 13.3-acre property at 3905 Freedom Circle in Santa Clara. Greystar, the former owner, has secured approval for a 1,075-unit residential development across the property. Cerberus Capital Management, the new owner, is a multibillion-dollar investment firm chaired by a former US Vice President.
Just over a year after the official groundbreaking ceremony, crews have topped out the five-story affordable educator housing development at 1360 43rd Avenue in San Francisco’s Sunset District. The Shirley Chisholm Village has replaced a former school and outdoor yard with the low-rise apartment infill designed by BAR Architects with G7A. MidPen Housing is the project developer, and Cahill is the general contractor.
The Redwood City Planning Commission has approved a five-story life science proposal at 1 Twin Dolphin Drive in the city’s Redwood Shores neighborhood. The plan replaces two low-slung office buildings directly across from the former Oracle Headquarters. Prince Street Partners is the project developer.
New plans have been drafted for a 94-home suburban expansion along Hanson Lane in Brentwood, Contra Costa County. The single-family sprawl will redevelop 20 acres between Hanson Lane and Lone Tree Way along Marsh Creek. Meritage Homes Corporation is the project developer.
Demolition permits have been filed for the two-story apartment building at 2435 Haste Street in Southside, Berkeley. Once removed, there are plans to build an eight-story infill with three dozen homes. Kenneth Ent is listed as the property owner.
