BERKELEY, CA—With sites at a premium, creative approaches that merge much-needed housing with other vital commercial space such as retail are winning combinations. One project underway on the UC Berkeley campus aims to accomplish that goal and includes affordable units as a nice bonus.
Upon completion, The Nexus at 2539 Telegraph will be a class-A six-story student housing complex with a total of 70 units and 238 beds in 59,000 square feet. Six of the units and 20 beds will be designated as affordable units. It is to include modular two-bedroom micro-suites organized around a central courtyard, GlobeSt.com learns. The courtyard will provide natural light and ventilation for the interior-facing bedrooms.
The 4,755 square feet of ground floor retail space will include a neighborhood grocer. Landscaped areas on Telegraph and Regent Streets, the podium level courtyard and the rooftop provide open space amenities. This top deck, accessed by an elevator and two stairways, will include a variety of seating and shade options, and views of the Bay and East Bay hills.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
