Trumark Homes has purchased nearly seven acres of the freeway-adjacent Borel Property farmland from East Bay Parks for $32 million at 3020 Fostoria Way in Danville, Contra Costa County. Trumark plans to develop less than half of the 17-acre former Walnut Ranch with plans to build over a hundred townhomes. The remaining ten acres will become a learning park run by the East Bay Regional Park District.
Increased permits have been filed for a dense residential infill at 550 O’Farrell Street in the Tenderloin, San Francisco. The application will now reach 17 floors, four additional levels, and thirty units more than previously filed plans. Sandhill O’Farrell LLC is the project sponsor.
Jemcor Development Partners and Pacific Housing have partnered together to pursue a 300-unit affordable housing development at 950 West Julian Street in San Jose. The project aims to develop an acre-wide site with new homes close to SAP Center and Diridon Station. Late last week, the team reached a milestone after paying around $11.7 million for the site.
Berkeley’s Landmark Preservation Commission has voted to protect the United Artists Theater’s facade at 2274 Shattuck Avenue but not the rest of the structure. The decision will be reviewed by the City Council in a public meeting next Tuesday. After that, the developer, Panoramic Interests, is expected to have a clear pathway to start construction for the 227-unit tower once funding is secured.
New entitlement permits have been filed to construct several hundred apartments at 2433 Mariner Square Drive in Alameda, Alameda County. The plan would replace low-slung commercial buildings with an eight-story infill and provide future residents with views of Jack London Square and Downtown Oakland. The Martin Group is the project developer.