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.
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.
CIM Group and Strada Investment Group announced earlier this week that construction is over for the 16-story residential building at 1150 Clay Street in Downtown Oakland. Residential move-ins will begin imminently, adding 288 new apartments to the market.
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.