200 Second Street – Jack London Square

428 Alice on Sale Today!

93 Units – scheduled completion date is summer 2006.

Marketed as condos, but really “condlofts” with unfinished exposed concrete higher ceilings (8-9 feet) and bedrooms on the same floor as opposed to a loft bedroom, 1Br’s start in the mid 400’s. 2BR’s are in the $600k’s, 3BR’s in the mid 700’s.

Each unit has a parking space and 3BR’s have 2 spots.

Kitchens have GE Profile Stainless Appliances + Granite countertops

Fitness center on 3rd floor is approx 800 sf. No Doorman, 2 elevators, TV Video Access to front door. $15k deposit and then go to contract…

The Latest on Broderick Place!

So, Signature Properties’ Broderick Place is in their 4th release out of a projected 6th release.

There are 70 one and two-bedroom condos priced from high 400’s to mid 700’s. Square footages for the 1 bedrooms are approx 686 sf, 2 beds start in the low 900 sf.

There are also 2Bed/3Ba townhomes at approx 1500 sf.

The next lottery is February 11th. You must get preapproved with certain lenders. Pricing in each release will typically increase modestly per release.

There is a 10000 sf retail space and a Peet’s Coffee plus Faletti Grocery store is planned.

It is expected that construction will be completed by late 2006. A $10000 initial deposit will be required if you win the lottery and you go to contract immediately.

Parking is separate and that runs $35k per spot.

All homes must be owner occupied.

235 Berry Scheduled for late-February

Signature Properties is getting closer… Late-February is the latest word.

Go to www.235berry.com to register.

Contact Mark Choey

The Palms Is Selling on Monday!

Finally the Palms is selling this Monday. In the first of three releases, The Palms has 72 units from floors 1-4 available for sale. Completion of the building is scheduled for late summer 2006. The other 2 sales releases have not been determined as of yet.

You must get a preapproval first with one of the three preferred lenders:

Wells Fargo Home Mortgage
Michael Treon
415.247.1253 or 415.505.7558           
michael.treon@wellsfargo.com 

Washington Mutual Bank          
Eliza Wu
415.242-6304                         
eliza.wu@wamu.net

Bank of America 
Josephine Spavone
415.622.0472
josephine.a.spavone@bankofamerica.com       

and then schedule an appointment to reserve the unit you want. Right now current appointments are being scheduled a week out. Reservations will be 3% of the purchase price. A contract will be signed approximately 30 days afterwards. There will be no contingencies in the contract.

For various reasons related to construction approvals, pricing has not been finalized but here are the ranges which varies by size, view, floor, location, etc.

Jr 1 Bedroom homes
Estimated prices:     $425,000 – $545,000

1 Bedroom homes
Estimated prices:     $540,000 – $895,000
 
2 Bedroom homes
Estimated prices:     $740,000 – $1,250,000 

3 Bedroom homes
Estimated prices:     $1,195,000 – $1,450,000

Contact Mark Choey
 

SF Chronicle: High-rises pass city’s seismic muster

from the SF Chronicle: Monday January 9th

San Francisco is on the verge of giving final permission for two high-rise apartment towers on Rincon Hill after construction permits had been held up as building inspectors sought assurances about how well the development would ride out a major earthquake, The Chronicle has learned.

In an e-mail last month, chief building engineer Hanson Tom said that once the developer of One Rincon Hill satisfies nonseismic issues raised by the fire and planning departments — such as building access for firefighters — “the Site Permit will be issued” by the city Department of Building Inspection.

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Artera – 320 Berry St

San Francisco CITYSCAPE reports that 320 Berry St called “Artera” will be a 16 story condominium building in Mission Bay.

 

240 Berry St to be Designed by Arquitectonica

 

Arquitectonica, the reknowned Miami-based architecture firm will be designing Signature Properties’ 240 Berry St in Mission Bay. A 300 unit condo building…stay tuned for more.

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Howard S Wright – Construction Company for 428 Alice

Great site tracking the progress of 428 Alice and another site with great pictures of the construction and neighborhood “Fourth Street Lofts Weblog“.

200 Second Street – Jack London Square

A new mid-rise luxury residential condominium is located in Oakland’s dynamic Jack London Square district and preselling in early 2006. The building will feature 74 condos and live/work lofts in 4 different and unique floor plans. There will be about 30 studios or Jr 1BR’s with sleeping alcoves, 1 BR’s with dens, 2 BR’s with dens and five large 3 BR’s. There will be a corner retail space, four work+live units, and a landscaped entry courtyard as well.

Designed by the award winning David Baker and Partners (Clocktower Lofts, 18th and Arkansas, and Emeryville Warehouse Lofts), this building is sure to add to the already growing portfolio of amazing and modern developments in Jack London Square including Pulte’s 426 Alice Street, The Sierra Building, Brick House Lofts, Portico Lofts, and Signature Properties’ 300 Harrison St.

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