THE BAY AREA | Projects: Under Construction, Approved, and Proposed

[202_Cyclist]

Originally Posted by easy as pie

no info, but i have to say that though it's nice height for a wood frame construction, i'd want to spend about 15-20 minutes in the bedroom during listening for the morning bart noise before i'd consider moving in there.

Agreed. I couldn't imagine living in a 5-6 story wood-framed apartment or condo.

[yakumoto]

Originally Posted by 202_Cyclist

Agreed. I couldn't imagine living in a 5-6 story wood-framed apartment or condo.

Well, I guess that's a moot point now, isn't it!

[easy as pie]

so it was this project that went up in flames this morning?? that was my first guess, weird. wonder if it was homeless there overnight or if it was arson (seems it's only ever one of two these days).

what a nice retail wall, wow, hope the insurance comes through quickly and that this gets built out soon.

Originally Posted by peanut gallery

[peanut gallery]

^I was just looking up details on Advent's website. Looks like they have plans for about 25,000 sq ft of retail. What a shame.

[peanut gallery]

Oakland city council approved Prologis' plan for the old Oakland Army base. There have been various plans debated over the years but I think an extension of port operations makes the most sense. From The Argus:

Council approves $1 billion Oakland Army Base deal
By Matthew Artz
Oakland Tribune
Posted: 06/19/2012 03:18:36 PM PDT

OAKLAND — More than a decade after the military's departure, Oakland's former army base looks to have a new lease on life as a logistics and warehousing center projected to deliver thousands of jobs for city residents.

The City Council overwhelmingly approved the $1 billion army base deal Tuesday, just beating a state-imposed deadline for the project to keep a $242 million grant.

The agreement paves the way for developers Prologis and California Capital and Investment Group to lease nearly 130 acres of the former base and transform it into a state-of-the-art logistics center managing the flow and redistribution of cargo at the adjacent Port of Oakland.

Oakland's largest proposed development also will

include infrastructure improvements, expanded rail capacity for the port and a deep water port terminal to handle goods too big for shipping containers.

...

More details at the link.

[peanut gallery]

New waterfront office development coming to Burlingame. From the SF Business Times:

Waterfront office campus gets OK in Burlingame
San Francisco Business Times
Date: Friday, June 22, 2012, 7:25am PDT

Downtown highrise specialist Millennium Partners is ready to test the waters on suburban office development.

The developer, which built San Francisco’s Four Seasons on Market Street and Millennium Tower on Mission Street, won approvals June 18 to construct a $150 million office campus on a 17-acre expanse of weed-choked asphalt in Burlingame overlooking the bay.

The 700,000-square-foot Burlingame Point project, which Millennium hopes to start in late 2012 or early 2013, could represent the first Class A office campus developed directly on the water on the Peninsula since Pacific Shores was built in 2000.

I'm pretty sure this is the property at about 250 Airport Blvd.

[rocketman_95046]

New 49ers stadium in Santa Clara begins to rise!

http://www.mercurynews.com/southbayf...rise-from-dirt


http://director.mercurynews.com/p.ph...6&m=1343689581


http://director.mercurynews.com/p.ph...6&m=1343689657


http://director.mercurynews.com/p.ph...6&m=1343689665


http://director.mercurynews.com/p.ph...6&m=1343689685

[ElDuderino]

Nice!! Great to see steel going up

[peanut gallery]

There's an apartment construction boom underway in the South Bay. From the SJ Mercury News:

As rents rise, so does Silicon Valley apartment construction
By Pete Carey
San Jose Mercury News
Posted: 08/09/2012 12:41:51 PM PDT

An apartment building boom is breaking records in the South Bay as developers race to complete projects for the tens of thousands of new hires in Silicon Valley's expanding economy.

The surge in construction will add 4,000 new apartments this year to San Jose alone, a record, and eventually bring an estimated 9,000 units to the South Bay, according to city officials and apartment industry analysts.

...

In Silicon Valley, builders are responding to a wave of hiring that has added more than 30,000 jobs in the past 12 months, many of them in the well-paid professional, technical or computing areas. In addition, the tight housing market means many people who want to buy can't find homes and end up in apartments.

...

On one corner of San Jose's North First Street, Equity Residential is speeding completion of a 444-unit complex, using a modular construction system in which completed apartments are hoisted into place with giant cranes. That will be followed by a second phase of 554 units.

Not far away, Irvine Co. is building the 1,750-unit Crescent Village, where a one-bedroom rents for about $2,200 a month. It is scheduled for completion next summer. About 400 people have already moved into a recently completed section.

And across the street from the campus of semiconductor design company Cadence, the Palo Alto-based Essex Property Trust is building the 769-unit Epic Apartments.

There's more, including some figures from Milpitas and Mt. View in the article as well.

[pesto]

Originally Posted by peanut gallery

There's an apartment construction boom underway in the South Bay. From the SJ Mercury News:



There's more, including some figures from Milpitas and Mt. View in the article as well.

Yeah, I knew something was up 'cause I'm getting bombarded by realtors telling me how they can sell my house.

The in-fill in North SJ is nice to see since this area can legitimately become urban (transit, convenient to DT amenities, employment, etc.). The MV core also has lots of potential for walkability. Milpitas is really booming as well although the pieces are a bit disconnected.

[ElDuderino]

$850 million secured for Rohnert Park casino, backer says

By GUY KOVNER
THE PRESS DEMOCRAT
Published: Wednesday, August 15, 2012 at 6:08 p.m.
Last Modified: Thursday, August 16, 2012 at 7:24 a.m.

An $850 million financing package, said to be the largest in the history of Native American gaming, is now secured, the Las Vegas-based backer of the casino next to Rohnert Park announced Wednesday.

The package will pay for the Federated Indians of Graton Rancheria's 3,000-slot-machine casino and resort on Wilfred Avenue, according to Station Casinos, which will manage the facility.

Station Casinos announced the financing -- which includes a $375 million loan and a $450 million combination of bonds and a development loan -- in its financial report for the quarter that ended June 30.

The company did not identify the financial institutions providing the funding.

Also included in the package is $25 million worth of revolving credit to be used after the casino opens.

Station Casinos said the financing will close Wednesday and reported the "blended cost" of the package was about 9.6 percent.

The Graton tribe, which had sought a casino for nearly a decade, broke ground on the 64-acre site just south of Home Depot in mid-June. The casino is expected to open before the end of next year, Station Casinos said...

full article: http://www.pressdemocrat.com/article...o-construction

[pesto]

Originally Posted by ElDuderino

full article: http://www.pressdemocrat.com/article...o-construction

Sounds like a big gamble.

[yakumoto]

Originally Posted by pesto

Sounds like a big gamble.

I think they're betting they can get some of the traffic from River Rock.

[rriojas71]

Originally Posted by ElDuderino

full article: http://www.pressdemocrat.com/article...o-construction

This project sounds like a real crap shoot.

[rocketman_95046]

EARTHQUAKES STADIUM GROUNDBREAKING ON 10/21

http://www.sjearthquakes.com/news/20...te-new-stadium



SAN JOSE, Calif. – The San Jose Earthquakes announced today that the club will break ground on its new privately financed 18,000-seat stadium at 1125 Coleman Ave. in San Jose with a public ceremony on Sunday, Oct. 21. To celebrate the landmark event, the Earthquakes will aim to break the Guinness World Record for most people taking part in a groundbreaking ceremony, a figure that stands at 4,532.

The ceremony is free to attend and will take place the same day as the club’s final home match of the MLS regular season, a 4 p.m. PT date with the LA Galaxy, presented by Wells Fargo. The Quakes’ first season in the new stadium is now set for 2014...

[peanut gallery]

I missed this on Friday, but Facebook has hired Frank Gehry to design the new buildings at their Menlo Park campus. Here is some background from SocketSite:

Frank Gehry Engaged To Design Facebook's Menlo Park Expansion
SocketSite
August 24, 2012

Quoting a Facebook exec:

It will be a large, one room building that somewhat resembles a warehouse. Just like we do now, everyone will sit out in the open with desks that can be quickly shuffled around as teams form and break apart around projects. There will be cafes and lots of micro-kitchens with snacks so that you never have to go hungry. And we’ll fill the building with break-away spaces with couches and whiteboards to make getting away from your desk easy.

We’ve paid just as much attention to the outside as well. The exterior takes into account the local architecture so that it fits in well with its surroundings. We’re planting a ton of trees on the grounds and more on the rooftop garden that spans the entire building. The raw, unfinished look of our buildings means we can construct them quickly and with a big emphasis on being eco-friendly. Of course, we’ll maintain our current campus and use an underground tunnel to connect the two.

Just to remind everyone, this is a plot of land across Bayfront Expressway from the campus they bought from Sun Microsystems. There is an existing tunnel under the expressway that connects the two properties but that Sun never used as they never built on that land.

[pesto]

Originally Posted by rocketman_95046

EARTHQUAKES STADIUM GROUNDBREAKING ON 10/21

http://www.sjearthquakes.com/news/20...te-new-stadium



SAN JOSE, Calif. – The San Jose Earthquakes announced today that the club will break ground on its new privately financed 18,000-seat stadium at 1125 Coleman Ave. in San Jose with a public ceremony on Sunday, Oct. 21. To celebrate the landmark event, the Earthquakes will aim to break the Guinness World Record for most people taking part in a groundbreaking ceremony, a figure that stands at 4,532.

The ceremony is free to attend and will take place the same day as the club’s final home match of the MLS regular season, a 4 p.m. PT date with the LA Galaxy, presented by Wells Fargo. The Quakes’ first season in the new stadium is now set for 2014...

Sounds cool. Sign up before you go though. They are going to need a bunch of shovels.

[pesto]

Originally Posted by peanut gallery

I missed this on Friday, but Facebook has hired Frank Gehry to design the new buildings at their Menlo Park campus. Here is some background from SocketSite:



Just to remind everyone, this is a plot of land across Bayfront Expressway from the campus they bought from Sun Microsystems. There is an existing tunnel under the expressway that connects the two properties but that Sun never used as they never built on that land.

Lower profile than Apple's Cupertino expansion with rooom for 12,000 and ludicrously expensive curved glass windows. I guess it has to do with market cap.

[llamaorama]

Is the Prologis thing happening on the Alameda Air Field?

Where will Mythbusters do stuff now ?

[peanut gallery]

Not to worry, Prologis is developing the old Oakland Army Base, which is to the north and near the eastern touchdown of the Bay Bridge. There is nothing imminent slated for the old Alameda Air Station. From what I've heard, the military is dragging their heals on Alameda as the clean-up cost is supposed to be staggering.