The Registry San Francisco has reported that Strada Investment Group purchased the site for their proposed residential tower at 555 Bryant Street in SoMa, San Francisco. Strada reportedly closed on the property for $44.9 million. The proposed building is expected to create 500 new rental units, including some affordable housing.
Several public transit agencies in the Bay Area have announced promotions for September, offering reduced or free fares. The adjusted prices are being provided by BART, Caltrain, AC Transit, VTA, and County Connection. Discounts vary from 50% reductions to free fares to promote the systems, thank existing commuters, and court new riders into the wonderful world of buses and trains.
Permits have been filed seeking the approval of a residential project at 316 12th Street in downtown Oakland. The project proposal includes the redevelopment of a residential building with three additional levels above a double-story building. oWow Development is responsible for the design concepts and construction.
New renderings have been revealed alongside the Draft Environmental Review for 1101-1123 Sutter Street in Polk Gulch, San Francisco. The project will rise 14 stories to create 221 residential units, including affordable housing, on top of retail and child care facilities. 1101 Sutter Affordable, LP is the project sponsor and developer.
A new affordable housing project has been proposed at 15101 Washington Avenue in San Leandro. The project proposal includes the development of an apartment complex on a vacant lot near Greenhouse Marketplace. Abode Communities is the project developer.