The Austin Group has been granted a $28.15 million construction loan for the eight-story residential infill at 2440 Shattuck Avenue in Downtown Berkeley, Alameda County. The loan was secured by Highland Realty Capital, the same firm that secured $3 million for pre-development costs for the Austin Group. The project has already broken ground, with completion expected by 2024.
Construction has topped out for phase two of IDENTITY Logan Park, an eight-story residential infill at 2370 Shattuck Avenue in Downtown Berkeley, Alameda County. While crews work to build the 69-unit structure, leasing has started for the 135 units in phase one, including the replacement Chase Bank at the corner of Shattuck and Durant Avenue. The Austin Group and CA Ventures are the project developers.
The City of Martinez has approved plans for a six-structure apartment complex dubbed the Amáre Apartment Homes in Martinez, Contra Costa County. The auto-oriented development will span six acres, creating 183 new homes between Arnold Drive and Highway 4. The Austin Group is the project developer.
Construction has started for the Lair, an eight-story mixed-use project at 2440 Shattuck Avenue in Downtown Berkeley, Alameda County. Demolition has already cleared the former single-story structure, with crews working to create the forty new homes and retail adjacent to several new and proposed projects. The Austin Group is the project developer.
New renderings have been revealed for a proposed eight-story mixed-use building at 2440 Shattuck Avenue in Downtown Berkeley, Alameda County. The project, named The Lair @ Haste, uses the State Density Program to build a total of 40 new homes, ten more than base zoning would permit. Bill Schrader of the Austin Group is the project developer. The project will be reviewed later today by the city’s Design Review Committee.
