May 13, 2019 Comments Off on 3.4M-SF MXU Development Planned in San Francisco Opportunity Zone Views: 1251 Bay Area, California News

3.4M-SF MXU Development Planned in San Francisco Opportunity Zone

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HFF is working on behalf of San Francisco-based BUILD to arrange investment partners for the construction phase of its India Basin master-planned development located within a rare opportunity zone in San Francisco. The developer envisions transforming the former gravel yard on the San Francisco waterfront into a pedestrian-first, walkable residential village.

HFF’s equity placement team representing BUILD includes Charles Halladay, Jordan Angel and Chris Gandy.

Gandy notes the site’s location and size provide a once-in-a-lifetime chance to develop an entire community within San Francisco. He says, “India Basin represents a unique investment prospect in a transformative development on the Eastern Waterfront of San Francisco.”

The land is entitled for roughly 3.4 million gross square feet of new development. The mixed-use village will include 1,575 residential units, 200,000 square feet of commercial space, expansive open and recreation space, enhanced waterfront access and underground parking.

The project still must secure city approvals.

Connect Apartments is planned next month in Los Angeles. You can get more information and register to attend on this link.

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