Construction is underway for the five-structure mixed-use development at 1629 Market Street, on the western corner of SoMa, San Francisco. The project will create 579 new apartments across two construction phases along with retail and a new home for the UA Local 38 Plumbers & Pipefitters Union Hall. Strada is the property owner and managing the development, operating through Strada Brady LLC.
A project introducing a seven-story office space makes progress; new renderings have been published for 2 Stockton Street in Tenderloin, San Francisco. The project proposal includes the vertical expansion of an existing four-story retail building by adding two floors of office space and a small penthouse office-level inclusive of outdoor terrace space. Strada Investment Group is the project sponsor. Gensler is managing the design concept and construction.
The new condo reference application has renewed attention on the multi-structure residential development planned around 853 Jamestown Avenue in Bayview, San Francisco. The project aims to build 122 new residential condominiums across a strip of land spanning 6.87 acres straddling Bayview Park. San Francisco-based real estate private equity firm, Strada Investment Group, is responsible for the development.
The City of Oakland’s Planning Department is scheduled today to review the preliminary development plans and receive public comment about the mixed-use proposal around the Lake Merritt BART Station in Downtown Oakland. The proposal would reshape two city blocks at 51 9th Street and 107 8th Street with apartments, office space, retail, open space, and community amenities. The prolific Strada Investment Group and the Oakland-based East Bay Asian Local Development Corporation are responsible through a joint venture.
Strada has filed a preliminary project assessment permit for a 347-foot tall mixed-use tower with affordable housing at 395 3rd Street in SoMa, San Francisco. The application comes as breaking news for a previously unreported project. If approved as is, Strada would add 559 new units to the city’s housing market. According to planning documents, construction is estimated to cost $200 million.
