CBRE has secured $52 million of funding for the Comstock Realty Partners and the Dune Real Estate Partners to redevelop the five-structure Maclac Building site in the Mission District of San Francisco. The project includes 192-198 Utah Street and 151-191 Potrero Avenue. Adaptive reuse and new construction will soon transform the site for state-of-the-art light industrial uses in an industrial corner of the city.
New permits have been filed to revise plans for 2116 Brush Street in Ralph Bunche, West Oakland. The mixed-use proposal will now create 105 apartments, up from earlier plans to build 95 units as per our last coverage. Residents will find themselves just across from Interstate 980. The 19th Street BART Station is less than fifteen minutes away by foot. Oakbrook Partners is responsible for the development, dubbed Villa Oakland.
Site Permit Application has been submitted for a new residence at 2136 Great Highway in Sunset District, San Francisco. The project proposal includes the demolition of an existing residence and the construction of a new three-story single-family home. A Project Review Meeting will be held to further discuss the project. Juniper Architecture is managing the design concept and construction.
Strada has filed a preliminary project assessment permit for a 347-foot tall mixed-use tower with affordable housing at 395 3rd Street in SoMa, San Francisco. The application comes as breaking news for a previously unreported project. If approved as is, Strada would add 559 new units to the city’s housing market. According to planning documents, construction is estimated to cost $200 million.
Developers submitted a Preliminary Project Assessment application for renovation of the existing building at 2107 Van Ness Avenue in Nob Hill, San Francisco. The project proposal includes the renovation of the five-story building to construct thirty-two residential units. The scope of the renovation will include major upgrades to the mechanical and plumbing systems, updated egress, and exterior improvements.
Natoma Architects is managing the design concept and construction. Yue Yue LLC is the project sponsor.