Castle Group and Avalon Bay Communities Inc. are converting the 95-year-old Del Monte Plant No. 51 into 450 lofts and apartments. The plant sits on downtown's edge off the Alameda and was once operated by the California Fruit Packers Association. That group later became Del Monte.

The first units are expected to be available in spring 2001.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Development
Multifamily