Tag Archives: Joseph Penner
What are the three most import things in real estate? Location, Location, Location. What are the three most important things that are wrong with the proposed complex at 2211 Harold Way? Location, Location, Location. That’s just for starters.
Location – the Shattuck Cinemas attracts 275,000 to 300,000 patrons visit every year. Box office admissions have grown 25% since 2008, according to Kimberlee West, the general manager of Shattuck Cinemas. The Shattuck Cinemas are currently showing 11 films with 43 screenings (movie times for the 11 films) on weekdays and 44 screenings on the weekend. If the same number of people went to the movies every day that is 753 to 822 people per day. On May 7, at the Landmarks Preservation Commission (LPC) meeting, Mark Rhoades, the consultant for 2211 Harold Way, declared that there would be nine theaters on three stories. But the plans, which were turned in to the LPC only show four theaters. Where are the other theaters? … Continue reading »
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 »
The view from the UC Berkeley Campanile looking west toward San Francisco Bay and the Golden Gate Bridge is iconic, but it should not be landmarked, the Landmarks Preservation Commission decided Thursday, April 2.
The 5-3 vote, with one abstention, came after almost four hours of testimony from residents who are concerned that a proposed 18-story building at 2211 Harold Way will partially block the view from campus. Those in favor of landmarking urged the LPC to preserve the view for future generations by making sure developers could not impinge on the vista.
“Campanile Way is a terribly important part of the history of the campus and the Berkeley community,” said John English, who has lived in Berkeley for more than 55 years. “It is totally obvious it deserves landmarking. Let’s recognize its importance and celebrate its 100th anniversary by landmarking Campanile Way.” … Continue reading »
Berkeley’s Design Review Committee will get an early peek this week of new, revised plans for the high-rise hotel on Shattuck Avenue and Center Street — part of the developers’ push to get the project through the planning process quickly.
The plan just submitted shows an 18-story building, rather than 16-story hotel, although both the new and old designs called for structures 180-feet high, according to the documents sent to the city. There will be 254 hotel rooms, all with bedrooms, living rooms and kitchens. There will be 30 condominiums on six floors (floors 13-18), a restaurant, a bar, a new Bank of America branch, and two lobbies fronting Center Street. … Continue reading »
As Berkeley officials grappled with what the concept of “community benefits” actually means, the developer of the 18-story high rise at 2211 Harold Way announced at a Jan. 8 meeting of the Zoning Adjustments Board that he is willing to financially assist both the Habitot Children’s Museum and Boss, (Building Opportunities for Self Sufficiency) as well as other organizations who must relocate when the building is constructed.
Joseph Penner, head of Hill Street Investments of Los Angeles, also announced that Landmark Theaters had redesigned its plans for new theaters in the complex. There will now be nine theaters instead of the six theaters previously announced. Landmark has decided it will no longer include stadium seating in the theaters, which frees up room for additional theaters. (There are currently 11 theaters in the Shattuck Cinema complex.) … 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.