Permits have been approved for the eight-story residential infill at 2538 Durant Avenue in Southside, Berkeley. The filing comes as the developer shares with YIMBY that construction could start as early as November this year. The Studio KDA-designed infill will create around 83 homes above commercial retail.
Funding has been secured for a new eight-story student housing project at 2538 Durant Avenue in Southside, Berkeley. ACRES Capital, a national real estate lender, is providing the $10.5 million loan. Valiance Capital is the project developer.
The pre-application has been filed for a new eight-story residential infill at 2538 Durant Avenue in Southside Berkeley, just south of the UC Berkeley Campus. The project would replace the existing four-story apartment building with 83 homes, using the State Density Bonus Program and Senate Bill 330. Valiance Capital is responsible for the application.