Lenders have taken over property ownership of 500 Kirkham Street in West Oakland, Alameda County. Back in 2019, the city approved plans by Panoramic Interests for a mixed-use complex with 1,032 units plus retail across a 32-story tower and two mid-rises. However, the developer struggled to get financing for the project during the pandemic and defaulted on its $6.25 million loan for the city earlier this year.
The City of San Jose has published the initial environmental study for a 23-story student housing tower at 100 North 4th Street in Downtown San Jose, Santa Clara County. The property would create 1,424 beds near the San José State University campus. Investor Brent Lee is responsible for the application, and Republic Urban is the developer.
New project permits have been filed to replace the soon-to-close Safeway grocery store within the Valley Fair shopping mall with a surface parking lot. Demolition will be required for the strip mall-style structure at 3071 Stevens Creek Boulevard in Santa Clara. Westfield is the mall owner and manager.
Concrete has passed the halfway point for the new affordable housing complex rising at 600 7th Street in SoMa, San Francisco. The project, named 7th and Brannan, is among the biggest active sites in the city, with over 221 units to be opened once complete. Mercy Housing is the project developer.
The project team and city officials gathered last week to celebrate the grand opening of Kapuso at the Upper Yard, a nine-story affordable housing project at 2340 San Jose Avenue in San Francisco’s Outer Mission neighborhood. The project has created 131 low- to moderate-income family homes on public land owned by BART and developed in partnership with Related and the Mission Housing Development Corporation. State Senator Scott Wiener, author of Senate Bill 35, which provided Kapuso a clear path for approval, attended the event.
