Samuel Merritt University has secured a $139 million bond for constructing their proposed ten-story central campus at 525 12th Street in Downtown Oakland, Alameda County. Along with the bond, SMU is investing $120 million. The over quarter billion dollar investment keeps SMU on schedule for groundbreaking later this year, having received approval in November. Strada is the project developer.
The San Francisco Planning Commission will review a request to modify plans for the 55-story mixed-use tower at 10 South Van Ness Avenue in The Hub. Floor areas have been adjusted so that the residential capacity can increase from 966 to 1,012 apartments by adjusting the exterior design or height. Crescent Heights is the project sponsor.
The preliminary project application has been filed for a 46-story residential tower at 636 4th Street in SoMa, San Francisco. The proposal uses the State Density Bonus to include 522 new homes above retail. Detailed renderings have yet to be released.
New plans shared with YIMBY reveal that 1998 Shattuck Avenue has again become the tallest proposed tower for Downtown Berkeley, Alameda County. The 28-story project is now two floors higher, 40 feet taller, covers two additional parcels, and, most significantly, residential capacity has doubled to 599 apartments. NX Ventures is the project developer.
The plan for a three-tower development in Downtown San Jose is up for public review at a Planning Director’s Hearing tomorrow, December 14th. The meeting comes after the publication of the initial study for the residential infill. The 474-unit project is a joint development with Nabr, a new direct-to-consumer housing startup, and the established local developers at Urban Community.
