Construction for the billion dollar 5M is progressing quickly, with the largest building already near topping out sixteen months after groundbreaking in SoMa, San Francisco. The project will produce six structures, three new, three historic restorations. This includes the former headquarters of the San Francisco Chronicle newspaper, owned by Brookfield Properties’ partner for the development, Hearst. The master plan is by SITELAB Urban Studio, guided by the stated mission to create a privately funded arts- and community-oriented mixed-use district. Recently captured pictures by SF YIMBY reveal how the project has progressed.
Ventas has purchased the recently completed Genesis Office Complex for $1 billion. The project, which features two sleek glass towers, will add considerable depth to the companies growing portfolio of properties. The project wrapped up…
Permits have been filed for a large multifamily project at 242 Hahn Street in Sunnydale, San Francisco. Plans for the site call for a 167-unit multifamily structure as part of the Sunnydale HOPE SF project, for the projected cost of $80 million. 242 Hahn will contribute to the 1,770 new apartments expected for the sprawling mid-density development.
This week’s big little permits take away is its uptick in ADU filings. Even with Indigenous Peoples’ holiday providing a lull on Monday, planners picked up the pace for the rest of the week. This article covers over 128 new units of apartments and ADUs across the Bay Area plus Sacramento, as well as twenty-one single-family houses. Our map shows how widespread the permits were across the city of San Francisco, no more than a few in any one neighborhood. Some unusual and significant little permits include a large wine storage building in Santa Clara County and additional classrooms filed for the Athenian School in Danville.
A large, affordable housing project is planned for 2330 Monroe Street in the city of Santa Clara. The building, rising two to three floors, will contain 65 apartments. Units will range in size from studios to three bedrooms, twenty percent of which will be set aside for people with developmental disabilities. Freebird Development company is responsible for the development.