Construction is expected to start by mid-July of this year on the eight-story affordable housing project at 600 7th Street in SoMa, San Francisco. The expanded plans now produce 221 new affordable homes, over half of which will be for formerly homeless adults and families. Mercy Housing is responsible for the development as the property owner.
Presidio Bay Ventures, a leading Bay Area commercial real estate development firm, has announced plans to construct a Research & Development and Life Sciences building at 777 Industrial Road in San Carlos. The project proposal includes the redevelopment of the former Primo Honda San Carlos dealership into a four-story research campus. Stanton Architecture and DES Architects & Engineers have partnered up to design the project.
Brookfield’s 5M is officially open. The ribbon-cutting event was held yesterday, with San Francisco Mayor London Breed and other speakers in attendance. For over a decade, the project has been in the works to replace four acres of surface parking with the city’s newest office tower, a 302-unit apartment complex, a park, and adaptive reuse of historic buildings. 5M, named for the adjacent intersection of 5th and Mission Street in SoMa, is a joint development with Brookfield and Hearst.
New development permits have been filed for the proposed six-story senior housing project at 3135 San Pablo Avenue in West Oakland. The application will create 73 affordable units built by Satellite Affordable Housing Associates. Saint Mary’s Center is the property owner, filing through 967 32nd Street Associates LLC.
A new mixed-use project has been proposed at 2131 16th Street in Sacramento. The project proposal includes the development of a five-story mixed-use building consists of residential and retail spaces.
