Strada Investment Group

Piers 30-32 redevelopment with Seawall Lot 330 Housing visible in the center of the image, rendering by Steelblue for Strada Investment Group

Path Forward for Piers 30-32, SoMa, San Francisco

The San Francisco Port Commission has paved the path for Strada Investment Group and Trammell Crow to develop Piers 30-32 in SoMa, San Francisco. The Port commission granted of right for exclusive negotiating to the joint development team and gave a four-month window for them to drop the project without a fee. The development is expected to raise $1.18 billion in private investment for construction, which excludes the cost of funding for the 150-unit affordable residential building.

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2 Stockton Street, Street View

Permits Filed for Office Conversion at 2 Stockton Street, Tenderloin, San Francisco

Development permits were submitted for approving office space conversion at 2 Stockton Street in Tenderloin, San Francisco. The project proposal includes a three-story vertical above the fourth floor, including an outdoor terrace at the fifth and roof levels. Strada Investment Group is the project sponsor. Gensler is managing the design concept and construction.

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1629 Market Street (left) and 1 Brady Street (right) from Market and Brady, design by Kennerly Architects

Permits for Cranes filed for 1629 Market Street, SoMa, San Francisco

New permits have been filed to approve bringing cranes to construct the five-structure mixed-use development 1629 Market Street in SoMa, San Francisco. The two-acre-wide project has already broken ground, with the site protected by composite wood fencing. San Francisco-based Strada Investment Group and the UA Local 38 Plumbers & Pipefitters Union Hall have signed a development agreement, with Strada credited as the property owner.

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555-585 Bryant Street elevation, drawing by Solomon Cordwell Buenz

$200 Million Assessment Permits Filed for 555 Bryant Street, SoMa, San Francisco

Preliminary Project Assessment permits have been filed for a 160-foot mixed-use development between 555-585 Bryant Street in SoMa, San Francisco. Construction is estimated to cost at least $200 million. Plans drafted by Solomon Cordwell Buenz show the an infill with set-backs to afford more direct sunlight to the asphalt. The assessment permit calls for merging seven lots between Bryant and Welsh Street to create a single 33,000 square foot parcel. If approved, the project will bring five hundred new residencies to the city, of which twenty percent will be affordable.

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