Plans for a new twenty seven-story development at 469 Stevenson Street have recently been brought to the public’s attention by an informational presentation to San Francisco’s Planning Commission. The tower will rise 274 feet high in SoMa. Inside, over half a million square feet will bring 495 new houses to market. San Francisco-based BUILD is responsible for the development.
995 East Santa Clara Street has been purchased by the Bay Area-based First Community Housing residential developer for $5.5 million. The East Bay Times reports that the purchase brings FCH a step closer to realizing a 125-unit affordable housing structure on an 18,300 square foot parcel near downtown San Jose. The project benefits from San Jose’s General Plan 2040 Urban Village zoning.
Permits have approved a new construction on 2312 Vicente Street, Sunset Boulevard, San Francisco. The project site is 54.5 feet by 75 feet rectangular lot located on a block bounded by Vicente Street 35th Ave, Ulloa Street, and 34th Ave. Currently, the plot holds a 1-story church built in 1950. The proposed project would demolish the existing church, subdivide the lot into two 2,043.75 square feet parcels and construct a 3-unit building on each lot. Schaub Ly Architects is managing the project.
CIM Group and Strada Investment Group announced earlier this week that construction is over for the 16-story residential building at 1150 Clay Street in Downtown Oakland. Residential move-ins will begin imminently, adding 288 new apartments to the market.
Permits have been filed for demolition and remodeling on 3452 and 3456 Sacramento Street, San Francisco. The project includes the complete renovation and expansion of an existing residential and commercial building. The proposal consists of a one-story vertical addition and horizontal developments to accommodate three additional dwelling units. The project also proposes to demolish an existing detached garage structure at the rear of the property and create a four-car garage on the basement floor through excavation. The proposed residential area is 8,183 square feet. John Lum Architecture is managing the project.
