Urbal Architecture

Fourth Street Market Hall pedestrian view, rendering by Urbal Architecture

Fourth Street Market Hall No Longer Tallest Proposal in Marin County

The formal development application has been submitted for an eight-story senior living facility at 924 Third Street in downtown San Rafael, Marin County. The Fourth Street Market Hall and Residences proposal has been significantly reduced in scale since the preliminary application filed earlier this year, shifting from a skyline-defining 24-story tower to a midrise complex. Goldstone Management is responsible for the application.

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3355 Almaden Expressway Completed Structure, image via SRM Development

Firm Purchases Newly Completed Senior Living Complex at 3355 Almaden Expressway in San Jose

A recently opened senior living community at 3355 Almaden Expressway in San Jose was sold last week to a new real estate firm. George Avalos of the Mercury News reported that Welltower Inc, a major healthcare-focused group, purchased Novelle Senior Living for just under $100 million in cash. The site is a recent construction, opening it’s doors just last year. As of now, it is unclear why the original developers, Columbia Pacific Advisors and SRM Development, chose to sell it so soon after completion.

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