1900 Fourth | Blanca Torres | San Francisco Business Times

Developer demands Berkeley approve high-profile housing development under new state law

Developers aiming to build 260 apartments in Berkeley are pushing back on city officials’ initial refusal to let the project move forward. Blake Griggs Properties submitted a proposal in March for 1900 Fourth St. under SB 35, a state law passed in 2017 that speeds up approvals for housing projects that include 50…

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1900 Fourth | Peter Fimrite | San Francisco Chronicle

Berkeley Illegally Stalling Project, Developer Attests

A developer who has been fighting for five years to build housing in a Berkeley parking lot that American Indians say is part of a sacred shellmound accused the city Thursday of trying to eviscerate a new state law that allows affordable housing projects to be fast-tracked. In March, the developer,…

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Artist Walk | Mary Ann Azevedo | San Francisco Business Times

Real Estate Deals of the Year: Artist Walk

Why it won: The City of Fremont wanted to revitalize the Centerville neighborhood and it had a tool to do so: vacant land. In 2015, officials sold the land to a developer that would become Danville-based Blake|Griggs Properties.The plan was to deliver a mixed-use, transit-oriented development that would bring needed…

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General News | Blanca Torres | San Francisco Business Times

Commuters Flock to New Housing in Walnut Creek near BART

  By Blanca Torres – San Francisco Business Times May 10, 2018 For-sale and for-lease signs are popping up in Walnut Creek. At the Riv condos project a few blocks from the city’s BART Station, nine buyers so far have signed contracts to buy homes in the 48-unit development. Many…

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General News | J.K. Dineen | San Francisco Chronicle

Berkeley 4th Street developer plans to use new housing law to bypass review

The battle over a proposed housing project on a parking lot across the street from Spenger’s Fresh Fish Grotto restaurant in West Berkeley escalated Thursday when the builder became the first in California to invoke a new state law that allows residential developers to bypass local environmental review processes in…

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General News | Blanca Torres | San Francisco Business Times

Chinese investor behind San Francisco office tower bets on Berkeley housing

Danville-based Blake Griggs Properties teamed up with a big Chinese investor to buy an 84-unit apartment development site in Berkeley. The investor is Gemdale Properties and Investment, an affiliate of Gemdale Corp., one of the largest real estate companies in China. The Blake will feature 84 apartments near downtown Berkeley.…

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General News | Allison Nagel | Bisnow

Gemdale, BGP Acquire Spot For Berkeley Apartments

Gemdale Properties and Investment has acquired a shovel-ready 84-unit apartment site in Berkeley. The project planned for the site will be the only multifamily community in the area with rooftop solar panels, according to Gemdale. The developer, an affiliate of China's Gemdale Corp., announced the purchase Thursday with project co-developer…

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General News | Kelvin Tetz, partner, and Greg Martin, partner and national real estate practice leader, Moss Adams LLP | NAIOP Development Magazine

How to Attract Institutional Capital

Local and regional developers who want to build relationships with institutional investors will need to implement these reporting and operating guidelines. MANY REAL ESTATE owners, operators and developers seeking long-term growth are interested in institutional relationships, but building such relationships can seem daunting. Investment partners with billions of dollars to invest…

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General News | Hannah Norman | San Francisco Business Times

Developer jumpstarts housing near Walnut Creek BART

A 178-unit apartment complex is under construction adjacent to the Walnut Creek BART as housing development ramps up across the city. Blake|Griggs Properties is developing the project, known as Vaya, for owner Northwestern Mutual. Located at 1800 Lacassie Ave., Vaya began construction in late 2015 and is expected to begin…

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General News | Jacob Bourne | The Registry SF

Former Vacant Land in Foster City Transforms into Community Cornerstone

Across the street from Foster City government offices, a 15-acre parcel of formerly vacant, City-owned land, has now been dubbed, Foster Square, a mixed-use neighborhood featuring housing geared towards seniors, neighborhood retail and community services. Bounded by Civic Center Drive, Foster City Boulevard, Balclutha Drive and Shell Boulevard the development…

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