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Blog - The Ivy Group

Mueller’s Forecast

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Permits submitted for Cambrian Park affordable housing development

By Devan J. Patel – Reporter, Silicon Valley Business Journal Apr 11, 2024 A 100% affordable housing development across the street from the Cambrian Park Plaza in San Jose has submitted its ministerial permit application to the city. Los Angeles-based Abode Communities has proposed constructing a six-story, 90-unit multi-family building at 1999 Camden Ave., replacing a single-story […]

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Fremont City Council Awards $34 Million for Affordable Housing

Post Date:03/22/2024 4:10 PM As part of the City’s focused efforts to increase affordable housing in Fremont, the Fremont City Council awarded $34 million in funding on March 19, 2024. This funding will help support the construction of over 450 low-income rental units in Fremont. The funding, secured mainly through development fees earmarked for affordable […]

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Planning commission gives OK to Kimco’s redevelopment of Fremont Hub mall

By Devan J. Patel – Reporter, Silicon Valley Business Journal Feb 23, 2024 Updated Feb 23, 2024 4:23pm PST Fremont officials have green-lit a proposal by Kimco Realty Corp. to redevelop a portion of the Fremont Hub mall, replacing tens of thousands of square feet of retail space with 314 housing units, a 13,000-square-foot pharmacy and a parking […]

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Builder’s remedy project proposed near Palo Alto, Mountain View border

By Devan J. Patel – Reporter, Silicon Valley Business Journal Jan 18, 2024 A new housing project comprised of hundreds of apartments could sprout near the Palo Alto-Mountain View border due to Palo Alto’s lack of an approved housing plan. Globe Investments LLC and Menlo Park-based Acclaim Companies have submitted a preliminary application for a seven-story, 198-unit […]

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Apartment Investment Trends to Watch in 2024

   

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Santa Clara’s Bassett Technology Park signs leases for 3 R&D, manufacturing tenants

By Devan J. Patel – Reporter, Silicon Valley Business Journal Feb 22, 2024 Bassett Technology Park in North Santa Clara has signed leases for three tenants to use a combined 175,000 square feet of R&D band and manufacturing space. EOTech LLC and Evoloh Inc. have inked new leases at the campus, located at 3508-3580 Bassett St., while […]

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Cupertino gives OK to redevelopment plans for former Vallco Mall

By Devan J. Patel – Reporter, Silicon Valley Business Journal Feb 20, 2024 Updated Feb 20, 2024 10:58am PST The mixed-use redevelopment of the former Vallco Mall in Cupertino, known as The Rise, has cleared a key planning milestone, paving the way for the project to receive permits and begin construction in the coming months. Cupertino has approved modified […]

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Related Santa Clara project gets a revamp, swaps industrial and advanced manufacturing for office space

By J. Jennings Moss – Editor-in-Chief and General Manager, Silicon Valley Business Journal Jan 31, 2024 Updated Jan 31, 2024 3:25pm PST Related Santa Clara, a massive mixed-use project that’s set to rise across from Levi’s Stadium, has filed an application with the city of Santa Clara to change the mix of buildings to significantly reduce the amount […]

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Rent relief? Here’s how apartment costs are trending

By Joanne Drilling and Ari Mahrer – San Francisco Business Times Jan 26, 2024 Renters in San Francisco and the East Bay seeking new digs should consider acting now: Recent data shows asking rents headed downward both nationally and in the San Francisco-Oakland-Berkeley area. According to a January report by Rent.com, San Francisco area rents were basically flat, declining […]

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