Construction is expected to start soon for the eight-story residential infill named The Valiant at 2538 Durant Avenue in Southside, Berkeley. Two local developers, Martin Group and Valiance Capital, have added Canyon Partners Real Estate to a new joint venture with the goal of an imminent groundbreaking. The team closed on a construction loan from the Beverly Hills-based Kennedy Wilson.
Construction has officially started for 2550 Irving Street, an affordable housing project in San Francisco’s Sunset District. The mid-rise complex aims to bring 90 units to the historically low-density neighborhood, close to the Sunset Super grocery store and a block from Golden Gate Park. The Tenderloin Neighborhood Development Corporation is responsible for the application.
While the San Francisco Giants are settling into the new baseball season, they have been welcoming another crowd just across McCovey Cove. The team, in partnership with Tishman Speyer and other stakeholders, celebrated the official opening of China Basin Park yesterday morning, two days after announcing that leasing has started for the Studio Gang-designed residential tower, aptly named Verde. Construction is nearly over for the first phase of the city’s mixed-use Mission Rock master plan.
The Berkeley Planning Commission is scheduled to review plans for an eight-story residential project at 2462 Bancroft Way in Berkeley’s Southside neighborhood. The plan would add dozens of new homes overlooking the UC Berkeley campus. San Leandro-based Zengs Berkeley LLC is listed as the property owner.
Construction has topped out less than a year after the groundbreaking for the seven-story affordable senior housing complex at 4200 Geary Boulevard in San Francisco’s Richmond District. The project will add nearly a hundred homes to the busy neighborhood. The Tenderloin Neighborhood Development Corporation is the project developer.
