District

5M over-view, rendering by Steelblue courtesy Brookfield Properties

Grand Opening for San Francisco’s Newest Mixed-Use Development with 5M in SoMa

Brookfield’s 5M is officially open. The ribbon-cutting event was held yesterday, with San Francisco Mayor London Breed and other speakers in attendance. For over a decade, the project has been in the works to replace four acres of surface parking with the city’s newest office tower, a 302-unit apartment complex, a park, and adaptive reuse of historic buildings. 5M, named for the adjacent intersection of 5th and Mission Street in SoMa, is a joint development with Brookfield and Hearst.

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Compilation of projects that will either start or finish construction across the Bay Area, by SFYIMBY

Bay Area Development Activity To Expect in 2022

People across the Bay Area have been told to expect an impressive onslaught of construction to start or finish during this new year. From Treasure Island to Mission Bay, Diridon Station to Downtown Oakland, crews are planning to break ground on skyscrapers and apartments, open a new light-rail subway, and start work on the Silicon Valley BART extension. The following is a list of the highlights we at SFYIMBY hope to share with our readers between now and 2023.

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Sequoia Station aerial perspective, rendering courtesy HOK

Lowe Buys Land for Sequoia Station Redevelopment, Redwood City

Development plans are moving forward for Sequoia Station, a six-structure mixed-use proposal to reshape the downtown of San Mateo County’s third-largest city. The Los Angeles-based private real estate company, Lowe, has spent $73 million acquiring the second half of the block around 1057 El Camino Real in Redwood City. The firm looks to construct three million square feet of housing and offices, parking, and public open space.

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