The M, the first new high-rise to be developed in the 2-square mile University District in more than 30 years, will add 460 purpose-built beds, which will increase the total off-campus supply by 10.5%.
New retailers are set to open locations at Southlake Town Square including Lush Cosmetics, Johnny Was and TravisMathew, which are expected to open in early 2019.
The Southport, CT-based development firm says the extremely discounted price will allow Summit Development to renovate and reposition the 1.2 million-square-foot complex.
Central Park Plaza was attractive to prospective buyers due to its connectivity to the entire Bay Area by way of multiple major thoroughfares and convenient access to the VTA light rail on North First Street.
Everett's Waterfront Place Central mixed-use development will include trails and parks, public gathering spaces, up to 660 housing units, a hotel, fine and casual dining restaurants, and retail entities.
Common Desk recently announced its expansion into the Innovation District of the West End neighborhood with Common Desk–Factory Six03, a 18,085-square-foot co-working space.