Development Archives - Page 2 of 2 - The Ivy Group
Related Santa Clara project gets a revamp, swaps industrial and advanced manufacturing for office space
February 5, 2024 By: Tim Vi Tran,
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 […]
11-story mixed-use builder’s remedy project proposed in San Jose’s Downtown West area
December 21, 2023 By: Tim Vi Tran,
By Devan J. Patel – Reporter, Silicon Valley Business Journal Dec 20, 2023 A developer is moving forward with plans to use the builder’s remedy to construct an 11-story, mixed-use project blocks from San Jose’s Diridon Station. Surinder Singh and his representatives have filed development permits for the project located at 101 and 109 Delmas Ave. that […]
Advanced manufacturing facility in Fremont secures construction loan
December 3, 2023 By: Tim Vi Tran,
By Hannah Kanik – Reporter, San Francisco Business Times Dec 1, 2023 Plans to transform an aging Fremont tech complex into a modern industrial center are moving forward. Texas-based developer Hines and investment managers Oaktree Capital Management LP secured a construction loan to build a 267,000-square-foot Class A advanced manufacturing and distribution center in Fremont. Construction on […]
A Los Angeles developer is pitching a 804-unit housing development near San Jose’s Topgolf
November 22, 2023 By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Nov 20, 2023 On a vacant site near Topgolf San Jose that was previously targeted for a hotel, a Los Angeles developer is now proposing a major housing development. Earlier this month, Genesis Commercial Capital submitted a preliminary application to city planners to build 804 new homes […]
US industrial market continues to slow as record amount of construction delivers
November 1, 2023 By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 9, 2023 The U.S. industrial market saw an uptick in vacancy in the third quarter, as a record amount of construction delivered and leasing activity waned. Across markets tracked by Cushman & Wakefield plc (NYSE: CWK), the vacancy rate rose to 4.7% […]
Where distressed commercial real estate loans are piling up the fastest
October 27, 2023 By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Sep 18, 2023 The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge. A recent […]
Palo Alto postitioned itself to get up to $5M in grants for affordable housing near its former Fry’s store
October 6, 2023 By: Tim Vi Tran,
By Devan J. Patel – Reporter, Silicon Valley Business Journal Sep 20, 2023 Updated Sep 20, 2023 3:56pm PDT A portion of the former Fry’s Electronics site in Palo Alto could eventually be home to affordable housing, and the city may be able to get the Metropolitan Transportation Commission to help pay for it. The Palo Alto City […]
The builder’s remedy rocked the Bay Area in 2023. Here are some of the projects it opened the door for
October 6, 2023 By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Oct 5, 2023 Updated Oct 5, 2023 6:00am PDT Many Bay Area jurisdictions started this year largely unfamiliar with the builder’s remedy. As they found themselves newly subject to it, they’ve had to get a crash course. The decades-old provision of California housing law strips jurisdictions that fall […]
