The Draft Environmental Impact Report has been published for Icon-Echo, a mixed-use development to reshape 2.1 acres by San Jose City Hall with housing and office space. The document provides local neighbors in Downtown San Jose with an opportunity to provide input about the project. Urban Catalyst is responsible for the proposal.
Alexandria Real Estate Equities has secured a future long-term headquarters for Eikon Therapeutics. The new HQ will be in the Millbrae Offices and Life Sciences campus, currently under construction across from the Millbrae Train Station. The company will be moving to San Mateo County from its current location in Hayward.
Construction is expected to start next year for Orchard Workspace, a 20-story office proposal at 300 South 1st Street in Downtown San Jose. The news comes from the publication of the Draft Environmental Impact Report and the start of a public review period. The project aims to replace the 2.8-acre Valley Title lot with over a million square feet of office space and a large public market.
Construction funding has been secured for 1330 South Bascom Avenue, a large eight-story multi-family building in west San Jose. The development team received $284 million from an Australian pension and retirement fund to build The Maxwell, the nearly six hundred unit apartment component of the transit-oriented South Bascom Gateway Station masterplan. Newmark announced in a press release that construction is expected to start by the end of the month.
Construction is wrapping up for Modera Lake Merritt, a new rental apartment complex at 1940 Webster Street in Downtown Oakland. The project is opening with 173 new rental units, ranging between studios and two-bedroom homes, with prices starting over $2,500 per month. Mill Creek Places is responsible for the development and leasing.