New permits have been filed as developers plan groundbreaking next year for the 24-story mixed-use tower proposed for 27 South 1st Street in Downtown San Jose. Alterra Worldwide, the project developer, has stated they will use blockchain to raise funds. If built, Tower 27 will add 374 apartments, parking, and retail to the city’s urban core.
A new 17-story student-oriented development has been proposed for 2128 Oxford Street through 2132-2154 Center Street in Downtown Berkeley. The mixed-use proposal would fill in the low-density college-town skyline with 285 new units geared on top of ground-level retail. Core Spaces and Core Berkeley Oxford LLC are responsible for the development.
New plans have been published regarding Cambrian Park Plaza, an 18.13-acre mixed-use development in Willow Glen, San Jose. The proposal will replace a 168,460 square feet commercial strip mall and surface parking with housing, commercial space, and open parks heavily inspired by several Italian cities. The new updates include new illustrations, preservation of the carousel at Cambrian Park Plaza, and shifting the location for townhomes. Weingarten Realty Investors is responsible for the development as the property owner.
The proposal for 21267 Stevens Creek Boulevard expects to add 267 new apartments into the Silicon Valley housing market in Cupertino, Santa Clara County. Recent reporting by the Bay Area News Group has revealed that the project expects to break ground by the Fall of this year and would replace a retail center with new market-rate and affordable housing for seniors living in the hometown to the Foster + Partners-designed Apple headquarters. KT Urban and The Pacific Companies is responsible for the development.
Developers have completed and submitted the preliminary project assessment letter, or PPA, for the $2 billion Freedom West project around 710 McAllister Street in San Francisco’s Filmore District. In the letter, San Francisco’s Planning Department staff expressed support for Freedom West to build 2,305 new apartments with affordable housing across four city blocks. PPA is the initial process that evaluates moderate to large proposals before development applications are filed.
