Construction permits were filed seeking approval of a mixed-use residential building with 500 dwelling units on 555 Bryant Street in the South of Market district, San Francisco. The project proposal includes constructing a residential building with 125 accessory parking spaces, three basements, and some retail space.
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.
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.
