Development plans are currently under review for a modern mixed-use skyscraper at 45-53 Third Street in SoMa, San Francisco. Recently uncovered renderings show in greater detail than previously reported the sculptural design by SOM. Overlooking the Yerba Buena gardens, the project will provide affordable and market-rate housing, luxury hotel space, offices, retail, public area, and an art market, all in one 600-foot structure. The development is being co-sponsored by the Hearst family and JMA Ventures.
Articles by Andrew Nelson
The San Francisco Port Commission has paved the path for Strada Investment Group and Trammell Crow to develop Piers 30-32 in SoMa, San Francisco. The Port commission granted of right for exclusive negotiating to the joint development team and gave a four-month window for them to drop the project without a fee. The development is expected to raise $1.18 billion in private investment for construction, which excludes the cost of funding for the 150-unit affordable residential building.
A new rendering has been released for a large mixed-use development at 147 East Santa Clara Street, located across from city hall in Downtown San Jose. The details come from Urban Catalyst, who earlier this year launched the Urban Catalyst Opportunity Zone Fund II LLC, or “Fund II.” Fund II will focus on building multi-family rentals and office buildings in Downtown San Jose over a ten-year timeline with a minimum investment of $250,000.
New renderings have been released for a storage building with agriculturally productive landscaping at 2285 Jerrold Avenue, in the northern corner of Bayview, San Francisco. The 65-foot structure will offer nearly 300,000 square feet for commercial and self-storage. The project is owned by Marin County-based Flair Diversified Properties, a company tied to the private real estate investment firm Nestory Park.
A recent site visit by SFYIMBY reveals that construction is well underway for the mixed-use development at Middle Plaza in Menlo Park, Silicon Valley. The project will bring 215 new apartments beside 10,000 square feet of retail, a new public park, and 276,610 square feet of new office space within walking distance from a Caltrain station. Stanford University is sponsoring the development.