Tag Archives: Hill Street Realty
The Berkeley City Council took its first steps Tuesday to prioritize which community benefits it will require from developers, and affordable housing and local union jobs were the top priorities.
Council members said other priorities could include ensuring that businesses impacted by the 18-story apartment building proposed at 2211 Harold Way, particularly Habitot Children’s Museum — which says it will have to relocate — receive some sort of remuneration. They also want a better understanding of the profits developers stand to make so the city can recapture some of the increased value that comes from up-zoning land to allow for taller buildings downtown.
The council discussion came after close to 90 residents talked for three hours about their concerns and hopes for three tall buildings now proposed downtown. They include the Harold Way project, an 18-story hotel proposed at 2129 Shattuck Ave. at Center Street, and a 120-foot-high condo complex, L’Argent, proposed at Shattuck Avenue and Berkeley Way. UC Berkeley is also planning to build a 120-foot building on Berkeley Way but, as a government entity, local zoning laws do not apply. … Continue reading »
Residents came out en masse Thursday night to testify before Berkeley’s Zoning Adjustments Board about possible impacts related to a large mixed-use project planned downtown on Harold Way.
The Residences at Berkeley Plaza, at Harold and Kittredge Street, would rise 18 stories and is set to include a tower reaching, all told, nearly 200 feet. It is slated to feature about 300 units, which could either be apartments or condominiums, as well as a new six-theater cinema complex, more than 10,000 square feet of ground-floor retail and restaurant space, and a 171-unit underground parking structure. … Continue reading »
The view from the L-shaped deck off the penthouse apartment at 2055 Center St. is spectacular. One side looks west toward San Francisco Bay and the Golden Gate Bridge. Another side offers a sweeping vista of Berkeley’s downtown and hills.
For $6,300 a month, the amenities ought to be top-of-the-line, and at the recently opened Berkeley Central — formerly known as the Arpeggio Building — they are. From Bosch appliances and stainless steel designer lights to the wood floor (dark or light, depending on the unit), the six penthouse units on the ninth floor promise an urbane, urban lifestyle.
The building, which the developer CityView acquired in a fire sale in July 2012 for $60 million, has been open for about seven weeks, and about 35% of its 143 units have been leased, according to Natasha Moses, a property manager for Riverstone Residential Group, the leasing agent. … Continue reading »
A Los Angeles real estate group submitted an application Thursday to build Berkeley’s first high-rise in 40 years — a 17-story luxury apartment complex on Harold Way that connects to the historic Hink’s Department Store on Shattuck Avenue.
HSR Berkeley Investments wants to spend as much as $200 million to construct a 180-foot tall tower with 355 residences next to the property that now houses the Shattuck Cinemas and various offices.
The new apartments, called The Residences at Berkeley Plaza, are designed to appeal to empty nesters and high-income professionals, such as those who work at booming San Francisco technology companies like Twitter and Salesforce.com, but who are having difficulty landing an apartment in the city.
A Los Angeles real estate group has snapped up the 92,000-square foot building that holds the Shattuck Cinemas, according to the San Francisco Business Times.
Hill Street Realty paid about $20 million, or $217 a square foot, for the property, formally known as Berkeley Center. In addition to the cinemas (which used to hold Hink’s Department Store) the property houses Habitot Children’s Museum, a Starbucks, and various offices. The Hotel Shattuck Plaza sits on the block, but was not included in the transaction. … Continue reading »