Development permits have been filed seeking the approval of a mixed-use project at 505 Brannan Street in South of Market, San Francisco. The project proposal includes the addition of residential units on top of a mixed-use structure offering retail and office spaces.
Construction work has topped out with facade installation nearly complete for the four-story life science project at 777 Industrial Road in San Carlos, San Mateo County. The project rose quickly since our prior coverage in June last year when demolition had finished for everything but a single floor for adaptive reuse. Presidio Bay Ventures is the project developer, and W.L. Butler is the general contractor.
Renderings have been published for an office and restaurant structure at 500 Brannan Street in SoMa, San Francisco. The site is currently occupied by Marlowe, a popular 13-year-old American bistro. Canopy Project Management is sponsoring the project for an anonymous property owner listed as 590 4th Street LLC.
Amidst a struggling commercial real estate market, Mission Rock has proven a bright spot for San Francisco. Phase one of construction is wrapping up now in Mission Bay, which Tishman Speyer credited to Visa’s decision to move their global headquarters into Building G, and the team announced five new retail tenants secured last month. Now, the podium office space in The Canyon has been leased to Capgemini America, the US arm of the France-based global technology company.
Construction has started with excavation work well underway for a new six-story life sciences complex at 405 Industrial Road in San Carlos, San Mateo County. The project, now named Portal 405, is one of several life science projects rising along Industrial Road, contributing to a new life sciences hub in the San Francisco Peninsula market. Menlo Equities and Beacon Capital Partners are joint venture partners for the project.
