ALAMEDA, CA- The City of Alameda had originally allotted a $2.9 million budget for the project, but the full job will cost double this amount. The work will be completed in three phases.
OAKLAND-SNK Development is working toward a December completion of the project, to be called Allegro at Jack London Square. The project will make a significant contribution to Mayor Jerry Brown's goal 10,000 new housing units Downtown.
SAN BRUNO, CA-The redevelopment will transform the 30-year-old mall and former horse race track into a one-million-sf upscale shopping center. A related $30 million takings lawsuit remains undecided.
HERCULES, CA-Herbert J. Farber is suing the City of Hercules for $12 million in damages and lost lease revenues after the city allegedly canceled his redevelopment contract illegally.
SAN FRANCISCO-The city has approved 240-units of assisted living in a 23-story building on the property of St. Mark's Lutheran Church on O'Farrell Street. The First Unitarian Universalist Church appealed this ruling to the Board of Supervisors.
SAN FRANCISCO-Michael Huaco brings 15 years of corporate real estate experience to Insignia/ESG, where he will focus on establishing new corporate real estate relationship with the Bay Area's major firms.
SAN FRANCISCO-Michael Huaco brings 15 years of corporate real estate experience to Insignia/ESG, where he will focus on establishing new corporate real estate relationship with the Bay Area's major firms.
SAN FRANCISCO- Equity Office Properties is the first real estate investment trust included in the S&P 500 index, which previously considered REITs to be passive investment vehicles.
SAN JOSE-The vast development has been postponed indefinitely, in part due to Cisco's decision to cancel plans for a 6.6-million-sf headquarters on the site. Cisco has not said whether it will build a smaller campus or not.
RENO, CA-PETsMART has negotiated a distribution lease with Panattoni Development Co. for Phase III of Red Rock Business Center, a Panattoni project located at 9175 Moya Boulevard.