Tag Archives: HSR Berkeley Investments
The developer behind a 180-foot-tall, mixed-use project planned in downtown Berkeley at 2211 Harold Way announced a commitment this week to use 100% union labor to construct The Residences at Berkeley Plaza.
According to Mark Rhoades of Rhoades Planning Group, a project representative, it’s the first agreement of its kind in Berkeley — between a private developer and labor — in at least 17 years.
Project developer HSR Berkeley Investments signed the labor agreement several weeks ago, after more than a year of discussion and negotiation, with the Building & Construction Trades Council of Alameda County. The group represents all 28 labor unions in the county.
The agreement will mean a livable wage, along with benefits including health care and sick leave, for an estimated 300 skilled workers. They will make, on average, $65 an hour, according to project documents. Construction for Berkeley Plaza is expected to take 2-3 years, and many of the workers hired must live in Berkeley or nearby, within the East Bay Green Corridor.
Rhoades said the agreement will cover everything “from digging the hole to doing the concrete and the steel, and including the first round of retail tenant work. It will result in a much better building, a much nicer streetscape, and a building whose systems work because of the union labor that will be putting it together.” … 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.