The first phase of the transformative Treasure Island redevelopment has officially finished with the opening of 490 Avenue of the Palms. The six-story apartment complex has added 148 condominiums to San Francisco’s rapidly changing man-made island in the heart of the bay. The project has been co-developed by the Treasure Island Development Group, a partnership with Lennar Corporation, Stockbridge Capital Group, and Wilson Meany.
City officials and the project team recently gathered to celebrate the grand opening of 78 Haight Street in San Francisco’s Hayes Valley. The seven-story affordable housing project has added 64 units to a parcel along the former Central Freeway corridor, demolished after the Loma Prieta Earthquake. Tenderloin Neighborhood Development Corporation is the project’s developer, and Guzman Construction Group and Suffolk formed a joint venture to oversee construction.
Construction has officially started for La Maravilla, a nine-story permanent supportive housing development at 2970 16th Street in San Francisco’s Mission District. The complex will eventually provide over a hundred affordable housing units, on-site services, and community-focused amenities overlooking the busy 16th Street BART Station. Mission Housing and Mission Economic Development Agency are jointly responsible for the project.
Significant construction progress has been made for the nine-story affordable housing project at 160 Freelon Street in SoMa, San Francisco. Concrete has surpassed the halfway point, with completion expected by mid-2027 for the 86-unit complex. Related Companies and the San Francisco Housing Development Corp are sponsoring the development. Construction is being led by a joint venture with Cahill Contractors and Guzman Construction Group.
Significant construction progress has been made for the nine-story affordable housing complex at 1515 South Van Ness Avenue in San Francisco’s Mission District. The full-concrete frame is close to topping out, with facade installation yet to start. Chinatown Community Development Center and the Mission Economic Development Agency are jointly responsible for the project.
