The Chicago-based Oxford Capital Group has an extensive portfolio of hotels across the country, including San Francisco’s ornate Sir Francis Drake Hotel. Now, the firm has announced they are increasing their presence in the Bay to nine properties following the purchase of three hotels in San Francisco, one in Palo Alto, and another in Los Gatos. Details about the sales are not released, and public records are not updated.
Planning permits have been approved for a new eight-story hotel at 730 I Street in Downtown Sacramento, along with the rehabilitation of a Mid-Century modern office structure. The development, dubbed ‘The Hardin,’ would open a 179-key AC Hotel Marriott two blocks from the Golden 1 Center sports stadium and six blocks from the State Capitol. The American Hospitality Services and Sacramento-based Miry Development through 730 I Street Investors LLC are responsible for the project.
Alteration permits have been filed to refurbish an existing structure to bring forty-five new units at 622 14th Street, Downtown Oakland. The project would bring additional activity to the static site that’s just three and a half blocks from the 12th Street BART Station. Vaughn Management Group is listed as responsible for the development.
Santa Clara County Superior Court has upheld approval for KT Urban to build the 19-story Moxy Hotel at 8 Almaden Boulevard in downtown San Jose. The development will add 272 new hotel rooms with retail to the urban core of Silicon Valley, packing inside the high-rise. The 225-foot tower will yield 146,282 square feet, with a Floor Area Ratio of 16.7. Guest rooms will occupy floors three to eighteen, while the ground level includes an open lounge and a restaurant with a bar. Guests and visitors alike will also have access to a bar on the 19th floor with skyline views.
Developers are planning for a new hotel to rise at 447 Battery Street in San Francisco’s Financial District. Sponsored by 447 Partners LLC, the proposal will take a three-story commercial building, retain its historic brick facade, and build an 18-story mixed-use tower. It will be primarily used as a hotel, though nine residential units and ground-floor retail will be included. The proposal will be going to the city’s Historic Preservation Commission at 12:30 pm today, with streaming online options.
