Good news. Hopefully this one will break ground this year. Some more solid urban minded residential infill coming soon to further enhance Berkeley's pedestrian activity.
The specs:
- 88 ft, 8 floors
- 83 units (26 studios, 8 1BR, 15 2BR, 14 3BR, 6 4BR, 14 5BR)
- 5 of the units will be affordable
- 1,460 sq ft for ground level retail
- Parking for 0 cars and 56 bicycles
The site:
https://goo.gl/maps/4zpWRQ92yosYL9wC8
Quote:
Permits Approved For 2538 Durant Avenue In Southside, Berkeley
BY: ANDREW NELSON 5:30 AM ON JUNE 3, 2023
Permits have been approved for the eight-story residential infill at 2538 Durant Avenue in Southside, Berkeley. The filing comes as the developer shares with YIMBY that construction could start as early as November this year. The Studio KDA-designed infill will create around 83 homes above commercial retail.
Last year, project developer Valiance Capital secured a $10.5 million loan from ACRES Capital, a national real estate lender. Highland Realty Capital and ACRES arranged the funding to facilitate the property acquisition and pre-development costs.
Updated project details show that the 88-foot tall structure will yield around 80,520 square feet, with 79,050 square feet for housing and 1,460 square feet for retail. Residents will get 2,280 square feet of usable open space. Of the 83 units, five will be designated as Very Low-Income units earning less than half of the Area Median Income. Parking will be included for 56 bicycles.
The dorm-style property will include 270 beds across 83 units. Unit sizes will vary with 26 studios, eight one-bedrooms, 15 two-bedrooms, 14 three-bedrooms, six four-bedrooms, and 14 five-bedrooms. The first floor includes retail, a lobby and work lounge, bicycle parking, and several homes. The second floor includes more housing by the courtyard deck and a fitness center. The top floor opens up to an expansive landscaped rooftop deck with views toward the UC Berkeley Campus.
Studio KDA is the project architect. Facade materials include concrete, board-formed exteriors, cement panels, and painted stucco. The exterior will be articulated with vertical banding and projecting balconies facing Durant Avenue. Miller Company is responsible for landscape architecture, with Greenwood & Moore consulting for civil engineering. Landscaping will be included at street level, a second-level courtyard, and the rooftop deck.
The property is in the city’s vibrant, walkable mixed-use neighborhood, one block from the UC Berkeley Campus and two blocks from the People’s Park. Residents looking north will see The Standard, another eight-story infill opened last year at 2580 Bancroft Way by Landmark Properties and Johnson Lyman Architects.
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https://sfyimby.com/2023/06/permits-...-berkeley.html