Landsea Homes has announced the opening of Alameda Marina, a new townhome development along the Alameda waterfront facing Oakland. The project is part of a master plan that has reshaped the 43-acre area of former low-slung buildings and surface parking with townhomes, an apartment complex, and new public open space. Landsea has launched sales, with units starting under a million dollars.
New permits have been filed for a two-story residential care facility at 261 Broad Street in Oceanview, San Francisco. The plan will replace a single-family home with a 12-bedroom center. Merced Residential Care is the project applicant.
A 100% affordable housing project has been approved and is making progress at 121 East 12th Street in Merritt, Oakland. The project proposal includes the development of a six-story building offering 91 residential units, retail, and parking spaces. Oakland-based East Bay Asian Local Development Corporation is the developer. PYATOK Architects is responsible for the designs. DCI Engineers is consulting on structural engineering, Sandis is the civil engineer, and Jett is the landscape architect.
Increased plans have been filed for a 16-story apartment complex at 955 Sansome Street on Telegraph Hill, San Francisco. The updated plan has grown six floors above the last proposal by the same developer, this time increasing residential capacity to 102 apartments. Aralon Properties is responsible for the application.
The 22-story office tower at 350 California Street in San Francisco’s Financial District has been sold for $61 Million, less than a quarter of the initial asking price. The property was sold by Mitsubishi UFJ Financial Group to the joint venture of Swig Company and SKS Partners.
