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Previous proposal for 40 Airport Boulevard aerial view with 100 Produce and 124 Airport projects illustrated, image courtesy Bella Vista Development

Construction Loan Secured For Alexan Icon, South San Francisco

5:00 am on July 31, 2025 By Andrew Nelson

Kennedy Wilson has provided a $183 million construction loan for Alexan Icon, a large residential development set to rise at 1587 and 1588 San Mateo Avenue in South San Francisco, San Mateo County. The project is looking to add nearly five hundred units across two seven-story structures. Hanover Company is the project developer.

100 Produce Avenue and 124 Airport Boulevard, rendering by TCA Architects

Housing Plans Move Forward for 100 Produce Avenue, 124 Airport Boulevard, South San Francisco

5:00 am on November 16, 2021 By Andrew Nelson

The South San Francisco Planning Commission unanimously voted in favor of a massive new residential development at 100 Produce Avenue and 124 Airport Boulevard. If approved by the city council, the project could build 480 new rental homes by the city center and Caltrain station. Hanover Company is responsible for the development.

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