Downtown San José Can’t Afford to Tolerate Blight
The Big Picture A vacant lot at 605 S. Second Street in San José’s SoFA District has become the latest example of a growing problem facing downtown: blight. The site was once approved for a 29-story affordable housing tower, but today it sits overgrown with weeds, surrounded by a damaged fence, and subject to city […]
New affordable housing project breaks ground in San Francisco
San Francisco Affordable Project Lands $78M in Financing – Multi-Housing News The Big PictureA major affordable housing development known as “Marvel in the Mission” (also called La Maravilla) has officially broken ground in San Francisco’s Mission District after years of delays, financing challenges, and community debate. The multi-phase project will ultimately deliver about 382 fully […]
Project would replace downtown San Jose parking lot with affordable homes
Affordable homes may sprout on a downtown San Jose surface parking lot The Big Picture A surface parking lot in the core of San Jose could become 173 units of housing, with 171 designated as affordable. The proposal, led by The Sobrato Organization and Pacific West Communities, targets a 1.3-acre site near the Hammer Theatre […]
State Housing Law Could Transform Campbell Overnight
State housing law could reshape Campbell’s small city vibe with up to 40,000 new homes – Local News Matters The Big Picture A sweeping state law, Senate Bill 79, could dramatically reshape Campbell by allowing dense housing near transit without local zoning limits. With three VTA light rail stations in a city of just 6.5 […]
Bay Area City Begins Construction of 23-Story Tower Transforming Skyline
Bay Area City Begins Construction of 23-Story Tower Transforming Skyline | Global Student Living The Big Picture Construction is underway on a 23-story student housing tower at UC Berkeley, a project that will become the tallest building in Berkeley and add more than 1,600 student beds near the campus core. Located at Bancroft Way and […]
First affordable housing development for artists coming to San Francisco
First affordable housing development for artists coming to San Francisco – CBS San Francisco The Big Picture San Francisco is moving forward with a 14-story affordable housing development designed specifically for artists at Market and Gough streets. The project, called Artists Hub on Market, will provide below-market apartments reserved for certified working artists along with […]
San Jose housing towers owner preps sales of residential units
Landmark San Jose housing tower owner preps sales of residential units Big Picture The owners of 188 West St. James, a pair of long-troubled residential towers near San Pedro Square, are making a decisive push to sell hundreds of unsold condominium units and reset the project’s future. New ownership under Machine Investment Group, with Centurion […]
Palo Alto City Council praises Town & Country’s growing housing proposal
City Council praises Town & Country’s growing housing proposal – Palo Alto Online vBig Picture The Palo Alto City Council is signaling a real shift by welcoming a sizable housing proposal at Town & Country Village, one of the city’s most established retail centers. The plan would add roughly 160 apartments on existing surface parking […]
Court rules against Los Gatos’ interpretation of builder’s remedy law
Court rules against Los Gatos’ interpretation of builder’s remedy law – The Mercury News The Big Picture A Santa Clara County judge rejected the Town of Los Gatos’ attempt to narrow California’s builder’s remedy law, siding with the state’s housing agency and developers. The ruling makes clear that developers can repeatedly resubmit incomplete builder’s remedy […]
Major San Jose housing development takes big step with real estate deal
Major San Jose housing development takes big step with real estate deal The Big Picture A major North San Jose housing project moved materially closer to construction with the $45 million all-cash purchase of a nearly 10-acre site along River Oaks Parkway. The new ownership group, backed by large institutional investors, now controls land that […]