FOSTER CITY, CA-Sares-Regis Group of Northern California has started construction of the Plaza, a 307-unit development of work force apartments in which 20% of the units will be set aside to rent at below-market rates. Sares-Regis recently obtained building permits for the project, where Foster City civic and business leaders attended to discuss the positive impact the redevelopment of the Pilgrim/Triton area of Foster City will have on the community.

Designed by MVE & Partners, the project is due to be completed in 2013, with Devcon Construction as the contractor. The property's common area amenities will include a pool, a spa and a fitness center, a multimedia and club room, plus 17,000 square feet of commercial space will fronting the plaza.

The planning for the Pilgrim/Triton master plan has been in the works for more than five years and ultimately will include a total of over 700 residential units along with almost 300,000 square feet of commercial office space. A new park is also included in the 20-acre master plan.