Development plans are under consideration for the adaptive reuse of 48 Stockton Street, i.e., the Barneys Building, in Tenderloin, San Francisco. The proposal is to convert the existing retail hub to part-retail and part-offices across from 2 Stockton, 100 Stockton, and Union Square. Strada Investment Group is the sponsor responsible for the development.
New building permits have been filed for a mixed-use building at 3636-3657 Sacramento Street in Presidio Heights, San Francisco. The project will add 18 new apartments with ground-level retail and a second-level medical office. Sacramento Locust Associates are the project sponsor, with San Francisco-based Litke Properties responsible as the property owner.
Cypress Equity and Equity Residential have announced the residential launch of the AERO Apartments, located at 2000 Ardent Way in the Alameda Point Waterfront District. The development is part of a master plan which expects to draw $1 billion of development at the 68-acre former Naval Air Station in Alameda. Move-ins are expected by the second quarter of this year.
Brookfield Properties has recently presented an updated pitch to the public about the redevelopment of the Stonestown Mall property, located south of the Sunset District and about as far from downtown San Francisco while still being in the city limits. The proposal calls for a mixed-use neighborhood-anchoring project that will make a significant contribution to addressing California’s housing crisis.
The San Francisco Planning Department will review plans for the new 900 Innes Avenue Park in Hunters Point, San Francisco. The new 3.6 acres of public park space will feature a welcome center inside a historic cottage, a food pavilion, and a boathouse extending from Innes Avenue to the Bay. The project is led by the property owners, San Francisco Recreation & Park Department. The Trust for Public Land, a nonprofit organization, is a project representative.
