The City of San Jose has approved plans for a new seven-story affordable housing development at 143 South Third Street in the downtown neighborhood. The project will convert an existing surface-level parking lot into 168 units of new housing, to be made accessible to low-income and very low-income residents. Sobrato Organization and Pacific Companies are responsible for the site’s development.
New demolition permits were filed for the site located at 2500 Mariposa Street in San Francisco. The site is part of the SFMTA Potrero Yard Redevelopment to convert a large transportation site into an updated facility and new housing. SF YIMBY first reported on the project in 2020, when the project was only conceptual. However, the new site demolitions will mark a significant physical milestone for the project.
San Francisco’s Planning Commission will meet tomorrow and discuss proposed plans for a new 7-story apartment building located at 2051 Market Street. The project is a re-submission by Sak Design & Build, who were previously approved for a different project on the same site. The only significant changes to the project will be it’s re-entitlement under the Housing Choice San Francisco program. However, the planning commission will still review the project and hear public comment before allowing it to proceed.
The Walnut Creek Planning Commission will meet today to discuss the design review aspects of a proposed project at 1532 Mount Diablo Boulevard. Likely areas of discussion will include how the eight-story project would bring a large amount of new housing to a high-demand area, but that its scale is significantly larger and out of sync with the surrounding buildings. The project is being sponsored by Align Real Estate, who have notably proposed several similarly scaled-up projects throughout the Bay Area.
A recently opened senior living community at 3355 Almaden Expressway in San Jose was sold last week to a new real estate firm. George Avalos of the Mercury News reported that Welltower Inc, a major healthcare-focused group, purchased Novelle Senior Living for just under $100 million in cash. The site is a recent construction, opening it’s doors just last year. As of now, it is unclear why the original developers, Columbia Pacific Advisors and SRM Development, chose to sell it so soon after completion.
