Less than a week after the official groundbreaking ceremony, JLL announced a $310 million construction loan brokered with Longfellow Real Estate Partners for Avia Labs, located at 210 Adrian Road in Millbrae, San Mateo County. Excavation has already started for what will become the six-story life sciences project across from Millbrae Station. Otera Capital has provided the loan.
Renderings have been published for the eight-story apartment infill at 2037 Durant Avenue in Downtown Berkeley, Alameda County. The multi-family project will replace a single-story auto-oriented building with 74 homes within walking distance of UC Berkeley and BART. Studio KDA is the project applicant and sponsor.
Two mixed-use projects have been proposed for lots adjacent to the Lawrence Caltrain Station in Sunnyvale, Santa Clara County. Both 1154 and 1170 Sonora Court will rise seven stories tall with nearly three hundred new rental apartments above commercial office space. SKS Partners is the project applicant, sponsoring the owner, A&F Properties.
A mixed-use project has been approved for development at 435 East 3rd Street in San Mateo. The project proposal includes the construction of a five-story mixed-use building offering spaces for office and residential uses. Windy Hill Property Ventures is responsible for the development as the property owner. ARC TEC, with offices in California and Arizona, is responsible for the design.
Construction has reached the fifth floor of the 330-unit apartment complex at 2359 Harrison Street in Northgate-Waverly, Oakland. The project, led by Holland Partner Group, has already demolished surface parking and low-slung commercial structures. The tower is rising across from Vespr, another project by the same developer.
