Governor Gavin Newsom sanctioned a $12 billion bill to tackle the housing affordability crisis. On July 19, 2021, in Sonoma County, Newsom highlighted his California Comeback Plan’s investments to propel the plans to construct affordable housing, helping tens of thousands of affected people in California.
Residential home builders Landsea Homes, announced today the acquisition of 182 homesites at the Alameda Marina master-planned community in Alameda, California. The project proposed at the site will offer townhomes for sale in two different neighborhoods. The city specifically designated Alameda Marina LLC for mixed-use redevelopment as well as multifamily housing.
Cypress Equity and Equity Residential have announced the residential launch of the AERO Apartments, located at 2000 Ardent Way in the Alameda Point Waterfront District. The development is part of a master plan which expects to draw $1 billion of development at the 68-acre former Naval Air Station in Alameda. Move-ins are expected by the second quarter of this year.
Equity Community Builders have applied to receive an entitlement for the mixed-use Alameda Wellness Center at 1245 McKay Avenue, West Alameda. The project will provide fifty medical beds and patient care, and residential amenities to connect with an existing senior housing building and is being developed alongside permanent supportive housing, though under separate permits. Alameda Point Collaborative is the property owner.
New building permits have been filed for a seven-unit residential building at 2841 Tradewind Court in Alameda’s Bay37 development. The 7-plex will contribute to as many as 400 units on a waterfront 22.8-acre property site looking over Oakland’s Jack London Square. Pulte Homes is responsible for the development.