The San Francisco Planning Department is scheduled to review an updated development agreement with Prado Group and SKS Partners for the residential redevelopment of 3333 California Street in Laurel Heights. The developer hopes to replace the former UCSF campus with 744 homes, retail, and public open space. The most significant change to the 2019-approved agreement is the potential for a new financing plan.
UC Berkeley has published the notice of preparation for the Berkeley Space Center in the NASA Ames Research Center in Mountain View, Santa Clara County. The university is working with NASA to create a $2 billion 36-acre research campus of academic and research facilities in the heart of the historic Moffett Field. UC and San Francisco-based SKS Partners have entered a joint venture, Moffett Partners LLC, to pursue development.
While San Francisco’s hotel occupancy rates recover, one developer has filed plans to extend the approval period of the 35-story hotel right across from the Transbay Transit Center. The 2015-filed project would replace three low-slung commercial buildings at 555 Howard Street in SoMa with four hundred hotel rooms and a rooftop POPOS. The application is a joint venture between Pacific Eagle and SKS Partners.
The City of Sunnyvale Planning Commission is scheduled to review plans for a mixed-use development at 1154 and 1170 Sonora Court in Sunnyvale, Santa Clara County. The buildings will create nearly three hundred homes and office space directly across from Caltrian’s Lawrence Station. SKS Partners and A&F Properties are joint developers.
The 22-story office tower at 350 California Street in San Francisco’s Financial District has been sold for $61 Million, less than a quarter of the initial asking price. The property was sold by Mitsubishi UFJ Financial Group to the joint venture of Swig Company and SKS Partners.
