The City of San Francisco has officially opened the 2021-built apartment complex as a permanently affordable supportive housing facility at 333 12th Street in SoMa. The project was developed by Panoramic Interests and grabbed headlines as the first in San Francisco to utilize the State Density Bonus program. The city purchased the development last summer, less than a year after opening.
Urban Catalyst has purchased the final parcel needed for the Icon/Echo master plan in Downtown San Jose. The sale comes just over a month after the developer revealed plans to change the office component to housing, increasing the potential housing capacity from a few hundred to over one thousand units. New renderings shared by Urban Catalyst provide a preliminary glimpse at the design.
An official groundbreaking ceremony has been held for the new mixed-income residential project across from Tamien Station in San Jose. The 555-unit project is the first development from the Valley Transit Authority in two decades, with half a dozen more in the pipeline. VTA is partnering with Core Companies and Republic Urban Properties.
The Sunnyvale Planning Commission has recommended approval for plans to replace surface parking next to a two-story office complex with housing at 1150 Kifer Road by Lawrence Station. The eight-story proposal will add over two hundred apartments to a growing hub in Sunnyvale and Santa Clara along Kifer Road and around the Lawrence Caltrain Station. Prometheus Real Estate Group is the project applicant.
Crews are wrapping up construction for the six-story apartment complex at 1095 Rollins Road in Burlingame, San Mateo County. The infill has replaced a single-story restaurant overlooking Highway 101 with 150 apartments, including some affordable units. The Hanover Company is the project developer.
