Construction financing has been secured for the 189-unit residential development at 85 Cleaveland Road in Pleasant Hill, Contra Costa County. The project has received $94.3 million arranged by JLL Capital Markets with Gemdale USA, Bank OZK, and AvalonBay Communities.
New building permits are filed for a four-story residential infill at 500 Leisure Lane in North Sacramento. The Leisure Lane Apartments would create 121 market-rate apartments on the former Woodlake Hotel property. AG Spanos Companies is the developer operating for property owner Columbia Pacific Management.
Development permits have been filed seeking the approval of a new residential project proposed at 1354-1356 York Street in Mission District, San Francisco. The project proposal includes the construction of a new residential building with total three units. Plans call for the demolition of the existing industrial building.
The Draft Environmental Impact Report has been published for a mixed-use infill at 1881 West San Carlos Street in Burbank, San Jose. The project will feature apartments, senior care beds above the courtyard, and ground-level retail. The proposal is from San Jose Real Estate Investors Association CEO Lori Greymont, operating through Oak Glen Ventures LLC.
A new residential project has been approved by the Oakland Planning Commission for development at 2311 San Pablo Avenue in Oakland. The project proposal includes the construction of a five-story building offering market rate and affordable units. Dinar & Associates is responsible for the design concepts.
