The Sunnyvale Planning Commission has reviewed updated plans for the Moffett Park Specific Plan. The proposal could bring between 16,000 to 20,000 new residential units and millions of square feet of new office space to 1,156 acres beside the Moffett Federal Airfield and Moffett Field golf course. The proposal would impact land primarily owned by Google, Jay Paul Co., and Lockheed Martin.
Construction has started for Phase One of the Mission Rock development in Mission Bay, San Francisco. The land has been graded with foundations for the road network already visible and the steel superstructure for The Canyon on Parcel A rising over 3rd Street. Phase One includes two residential buildings, two offices, and the waterfront China Basin Park. Tishman Speyer is responsible for the development in partnership with the city’s major league baseball team, The Giants, and the Port of San Francisco.
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.
