The developers for 600 South First Street have secured enough funding for the development of a mixed-use tower in Downtown San Jose. Recent reporting by George Avalos of the Bay Area News Group confirms Scape, the international company focused on student and market-rate housing, has been loaned as much as $182 million by Madison Realty Capital. The proposal is expecting to create 336 new homes.
The seventh tallest tower in the Bay Area built or planned is 345 California Street, a mixed-use skyscraper in the heart of San Francisco’s Financial District. The building opened in 1986, adding office space to the commercial market, and the Mandarin Oriental hotel once occupied the top eleven floors. When completed, it was the third tallest in the Bay Area with a rooftop height of 725 feet.
The San Francisco Planning Commission is scheduled to vote on plans for 3055 Clement Street later today. The project is expected to add seven new homes and two retail spots in the city’s Outer Richmond neighborhood. Design Consultants Group is the project architect and sponsor.
The City of Mountain View’s Environmental Planning Commission is scheduled for a public review of the Google North Bayshore Masterplan. The development is expected to redevelop 127 acres with thousands of housing units, offices, shops, and public parks. Google is responsible for the proposal, with Lendlease managing development.
A new residential project has been proposed at 165 Jefferson Drive in Menlo Park. The project proposal includes the development of an eight-story multi-family apartment building featuring commercial and office spaces. Plans call for the demolition of existing office and industrial buildings on the site. Greystar is the project developer. Menlo Park Flats Venture, LLC is the project applicant. Heller Manus Architects is responsible for the design concepts.
