Housing high-rise breaks ground outside Oakland’s MacArthur BART station

The tallest building of BART’s biggest residential development broke ground Wednesday in Oakland, promising to house hundreds of families feet from the MacArthur station when it opens in 2020.

The 24-story, 402-unit high-rise dubbed Skylyne will be one of the largest apartment buildings in the city. It had been in the making for more than a decade, and developers in recent years sought to more than double the tower’s height as demand for housing surged.

The neighborhood’s zoning doesn’t allow buildings above 90 feet, but developers McGrath Properties and Boston Properties got an exemption for setting aside 45 units for affordable housing and making investments in local parks and community programs. At 260 feet tall, the building will include 13,000 square feet of commercial space on the ground floor.

“Unleash the mammoth!” developer Terry McGrath said at a groundbreaking ceremony.

 

Read more from SFGate

 

 

What is Ed Lee’s legacy for the San Francisco skyline and population?

Edwin Mah Lee, San Francisco’s 43rd mayor and the third to die in office, leaves behind a city in transition. The second-tallest skyscraper west of the Mississippi River is rising in South of Market, a few blocks away from where another monolith tilts slowly into the muck. In Mission Bay, a derelict ghost town a decade ago, an 18,000-person basketball arena is under construction in what’s now a dense forest of hospitals, university classrooms, and research facilities. More people than ever before live and work in San Francisco, where the homeless population is resiliently constant, tent cities are taking over sidewalks in front of million-dollar condos, and where income inequality tests the limits of metaphor.

Read more from Curbed

Wine Country inferno forces wine lovers into East Bay, South Bay, other regions

The deadly wine country inferno has diverted tourists, groups and wedding parties to wine regions in the East Bay, South Bay and elsewhere.

“It’s been pretty crazy,” said Cindy Turchino, tasting room manager and hospitality manager with The Steven Kent Winery in Livermore. “This week we got three times as many people that we would normally see on a weekday. I would say 80 percent of those people are coming either from Napa Valley or the Sonoma area.”

The raging wildfires in the North Bay have scorched wineries, displaced residents and businesses and packed hotels in Napa County and Sonoma County with refugees from the catastrophe.

Read more from The Mercury News

S.F. hotels inundated with demand from people and events displaced by wildfires (Video)

As the Wine Country’s hospitality industry sits in shock by the destruction wrought by wildfires tearing through the region, San Francisco hotels and venues have stepped in to accommodate those displaced by the damage.

Hotel properties throughout the city have been fully occupied this week with guests affected by six major fires that have killed at least 32 people, blackened more than 300 square miles and combined, have been deemed the deadliest week-long period in the state’s wildfire history.

Read more from San Francisco Business Times

A Simple Way to Implement New Technology in Old Properties

With tenants typically only occupying office buildings during the day, a case could be made that it’s a waste of space and energy for buildings to sit empty after quitting time while landlords continue paying operating costs 24/7.

Read more from VTS Hightower Blog

NAI Kilpatrick Presents “Lease Workshop with Rick Mallory” – Wednesday, November 16th @ 8am

NAI Kilpatrick presents “Lease Workshop with Rick Mallory” this Wednesday, November 16th at 8am.  The event will be held at the NAI Kilpatrick SF office, located at 201 California, Suite 1400.

It will not be a lecture; rather a workshop, drawing upon the experience of Rick Mallory, which is having 42 years of commercial lease negotiations under his belt.  Rick Mallory will discuss lease review strategies, common pitfalls and negotiation techniques. He will also field questions from attendees.

Along with learning from a cofounder of the largest Real Estate law firm in California, Allen Matkins Leck Gamble Mallory & Natsis LLP, we will also have Nils Ratnathicam, VP of Piedmont Capital, and Benjamin Osgood, VP of Office Brokerage Services with NAI Kilpatrick & VP of Green Business Group, speak.   Ratnathicam will touch on the sensitive lending environment and where the true financing opportunities lie & Osgood will provide a brief intro around what tenants can do to incorporate sustainability into their office leasing strategy.  We will also have Steve Edrington with the CCIM Northern California Chapter say a few words on the CCIM Institute.