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333 12th Street exterior view during the day, image courtesy Panoramic

City Opens Permanently Affordable Housing at City Gardens, SoMa

The City of San Francisco has officially opened the 2021-built apartment complex as a permanently affordable supportive housing facility at 333 12th Street in SoMa. The project was developed by Panoramic Interests and grabbed headlines as the first in San Francisco to utilize the State Density Bonus program. The city purchased the development last summer, less than a year after opening.

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Icon Residential tower in the updated Icon/Echo plan, rendering by Urban Catalyst

New Renderings for Residential Iteration of Icon/Echo, Downtown San Jose

Urban Catalyst has purchased the final parcel needed for the Icon/Echo master plan in Downtown San Jose. The sale comes just over a month after the developer revealed plans to change the office component to housing, increasing the potential housing capacity from a few hundred to over one thousand units. New renderings shared by Urban Catalyst provide a preliminary glimpse at the design.

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1150 Kifer Road aerial view, rendering by Jones and BDE Architecture

Planning Department Approves 1150 Kifer Road in Sunnyvale

The Sunnyvale Planning Commission has recommended approval for plans to replace surface parking next to a two-story office complex with housing at 1150 Kifer Road by Lawrence Station. The eight-story proposal will add over two hundred apartments to a growing hub in Sunnyvale and Santa Clara along Kifer Road and around the Lawrence Caltrain Station. Prometheus Real Estate Group is the project applicant.

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500 Kirkham Street phase three tower, rendering by BDE Architecture and SiteLab Urban Studio

Lender Takes Site of 32-Story Proposal in West Oakland

Lenders have taken over property ownership of 500 Kirkham Street in West Oakland, Alameda County. Back in 2019, the city approved plans by Panoramic Interests for a mixed-use complex with 1,032 units plus retail across a 32-story tower and two mid-rises. However, the developer struggled to get financing for the project during the pandemic and defaulted on its $6.25 million loan for the city earlier this year.

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