Project profile permits have been filed to reassign planned retail into office space on the upper floors of 100-120 Stockton Street, located at the busy eastern edge of San Francisco’s Tenderloin neighborhood. Macys sold the property in 2016 to Morgan Stanley and Blatteis & Schnur for $250 million. The duo is responsible for the current eight-story adaptive reuse. Construction is already well underway.
The City Planning Commission has approved amended plans for a new life sciences research building for 1450 Owens Street in Mission Bay, San Francisco. The approved project will bring over 175,000 square feet onto the 1.13-acre lot, rising 109 feet above street level. The busy Alexandria Real Estate Equities (ARE), the largest real estate investment trust (REIT) for life science real estate in the USA, is responsible for the development.
Recent permits show activity for the fifteen-story mixed-use project at 777 Harrison Street, also known as 725 Harrison Street in SoMa, San Francisco. The project is led by Boston Properties, the same developers behind the Salesforce Tower. They were joint owners with Barrett Block Partners before completing an acquisition in June of 2020 for $140.1 million. The city unanimously approved 777 Harrison in late 2019, making way for over three-quarters million square feet of office space and 144 affordable housing units.
Pre-application permits have been filed for a mixed-use structure at 4311 MacArthur Boulevard between Laurel and Redwood Heights, Oakland. This resurrects hope for developing the vacant lot by AMG & Associates. The firm had pursued a smaller project in March 2010, though it withdrew in 2016. New permits describe a 197-unit mixed-use affordable housing development to qualify for Senate Bill 35 (SB35) to expedite approval.
The Sobrato Organization is planning a 295-foot office building for 282 South Market Street in Downtown San Jose. The project is in the news following the Environmental Impact Report (EIR) publication, with updated numbers and positive indications for its development. Sobrato’s plans would transform the parking lot in the city center into an active hub for the growing city.
