Brookfield Properties secures Concord City Council approval for a massive 12,000-unit redevelopment of the former Concord Naval Weapons Station.
The Concord City Council has officially approved a development agreement with Brookfield Properties to transform the 2,300-acre former Concord Naval Weapons Station. The ambitious project is slated to deliver 12,000 residential units, significantly reshaping the local housing landscape in the East Bay.
In addition to the extensive residential component, the master-planned community is expected to incorporate a mix of commercial, industrial, and recreational uses. The approval marks a pivotal milestone for the long-stalled site, which has been the subject of planning efforts for over a decade.
Developers have filed updated plans for a residential project at 1728 Larkin Street in the Nob Hill neighborhood of San Francisco.
Hudson Valley Property Group acquires the 288-unit Mosa Apartment Homes in Elk Grove for $84 million.
Eden Housing completes Mitchell Park Place, a 50-unit affordable housing community in Palo Alto featuring supportive services for adults with disabilities.
Walker & Dunlop arranges a $101.5M HUD Section 223(f) refinancing for the 312-unit Enclave Heritage Flats multifamily community in Chula Vista.
The California State Assembly passed a bill aimed at providing litigation relief for condominium developers, potentially impacting housing production across the state.
Terra Capital secures a construction permit for a 1740 North Wilton Place multifamily project in Los Angeles.
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