The City of San Francisco has officially opened the 2021-built apartment complex as a permanently affordable supportive housing facility at 333 12th Street in SoMa. The project was developed by Panoramic Interests and grabbed headlines as the first in San Francisco to utilize the State Density Bonus program. The city purchased the development last summer, less than a year after opening.
Lenders have taken over property ownership of 500 Kirkham Street in West Oakland, Alameda County. Back in 2019, the city approved plans by Panoramic Interests for a mixed-use complex with 1,032 units plus retail across a 32-story tower and two mid-rises. However, the developer struggled to get financing for the project during the pandemic and defaulted on its $6.25 million loan for the city earlier this year.
Construction has officially started on 39 affordable homes with a groundbreaking ceremony at 1367 University Avenue in North Berkeley, Alameda County. The project will create housing for formerly homeless individuals, giving access to amenities, on-site services, and close access to the North Berkeley BART Station. San Francisco-based Panoramic Interests is the developer while Building Opportunities for Self Sufficiency will manage the property and leasing.
New renderings have been published alongside a final design review application for 1752 Shattuck Avenue in North Berkeley, Alameda County. The seven-story residential infill is poised to replace a vacant single-story vehicle service building with 68 homes and retail. Panoramic Interests is the project developer.
Panoramic Interests has shared new renderings with YIMBY for the 17-story residential tower expected to rise at 2274 Shattuck Avenue in Downtown Berkeley, Alameda County. The infill will replace the shuttered 91-year-old theater while retaining the historical facade for the lobby entrance and cafe. Trachtenberg Architects is responsible for the design.