Affordable Housing

5M over-view, image courtesy Brookfield Properties

Final Steel Beam Installed On Top 415 Natoma street, plus New Renderings of 5M, SoMa, San Francisco

5:30 am on February 17, 2021 By Andrew Nelson

Brookfield Properties has officially marked the ceremonial topping out of 415 Natoma Street, the largest office building to do so in San Francisco this year. The 395-foot structure is the largest of six planned buildings in the mixed-use 5M Development in SoMa. Three buildings will be newly constructed, while the other three are adaptively reused historic renovations. Once complete, 5M will create 856 new homes, of which 245 will be affordable, 853,000 square feet of Class A office space, 49,000 square feet of new public open space, and an array of retail spots. Brookfield is developing the project in partnership with Hearst.

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45-53 Third Street aerial view, rendering by SOM

Renderings Revealed for 45-53 Third Street, SoMa, San Francisco

5:30 am on February 16, 2021 By Andrew Nelson

Development plans are currently under review for a modern mixed-use skyscraper at 45-53 Third Street in SoMa, San Francisco. Recently uncovered renderings show in greater detail than previously reported the sculptural design by SOM. Overlooking the Yerba Buena gardens, the project will provide affordable and market-rate housing, luxury hotel space, offices, retail, public area, and an art market, all in one 600-foot structure. The development is being co-sponsored by the Hearst family and JMA Ventures.

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Middle Plaza at 500 El Camino Real view of the plaza, design by DES Architects

Construction Update for Middle Plaza at 200-500 El Camino Real, Menlo Park, Silicon Valley

5:30 am on February 14, 2021 By Andrew Nelson

A recent site visit by SFYIMBY reveals that construction is well underway for the mixed-use development at Middle Plaza in Menlo Park, Silicon Valley. The project will bring 215 new apartments beside 10,000 square feet of retail, a new public park, and 276,610 square feet of new office space within walking distance from a Caltrain station. Stanford University is sponsoring the development.

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