Construction is expected to start soon for the eight-story residential infill named The Valiant at 2538 Durant Avenue in Southside, Berkeley. Two local developers, Martin Group and Valiance Capital, have added Canyon Partners Real Estate to a new joint venture with the goal of an imminent groundbreaking. The team closed on a construction loan from the Beverly Hills-based Kennedy Wilson.
New permits have been filed to increase the scale of a mixed-use development at 2154 MacArthur Boulevard in the Dimond District of Oakland. The residential component has increased by a floor and a substantial increase in unit count. Redwood City-based Dollinger Properties is responsible for the application.
Pre-application permits have been filed for a new life science development at 600 Bancroft Way in Southwest Berkeley, Alameda County. The waterfront property was sold to Invesco Real Estate in 2021 for $39.4 million. Burlingame-based Woodstock Development is the project applicant.
Development permits have been approved for the five-story affordable infill proposed at 4655 Steele Street in Oakland, Alameda County. The approval comes just under a year after plans for the site first surfaced with a pre-application last year. Eagle Environmental Construction is the project sponsor.
The Berkeley Zoning Adjustment Board is scheduled to review plans for the seven-story residential infill at 2300 Ellsworth Street in Southside, Berkeley. The project will replace twelve apartments with 69 new residences, including ten affordable units. Riaz Capital is responsible for the application.
