Commercial

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Preliminary Review Complete for 46-Story Tower at 636-648 4th Street in SoMa, San Francisco

The SF Planning Department has published initial feedback for the 46-story residential tower proposal at 636-648 4th Street in SoMa, San Francisco. The structure would replace a two-story commercial building a block away from the San Francisco Caltrain Station with 513 new rental homes, slightly reduced from 522 units earlier this year. The document provides the developer, Solbach Property Group, with the first comments from the San Francisco Planning Department about the project features and design before filing an official application.

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AVIA Labs exterior view from the Eikon Campus, rendering by Flad Architecture

Construction Financing Secured for Avia Labs in Millbrae, San Mateo County

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.

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435 East 3rd Avenue aerial perspective, rendering by Arc Tec

Mixed-Use Project Approved At 435 East 3rd Avenue In San Mateo

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.

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