Trumark Urban Breaks Ground on $100M in S.F. Apartments

Two projects recently rolling in S.F.: Rowan at 346 Potrero Ave in the Inner Mission and Knox at 645 Texas in the Dogpatch. Here's a cadre of real estate pros touring the groundbreaking sites via limo bus. The Trumark Urban projects represent an investment of $100M and will create over 400 new jobs in the city while dumping more than 110 affordable homes through fees and on-site development. Expect a late 2016 opening. Trumark, which has been shedding assets as of late, chose to bank on these two. Like at 2121 Webster, Ross Perot Jr. is an investor.

Glenn Rescalvo of Handel Architects designed the 70-unit Rowan, which will offer one-, two- and three-bedroom residences and a huge 3,200 SF roof terrace with gas barbecues and vertical gardens. Also expect a Zen Garden, sculptural fountain and wood deck. Knox, designed by BDE Architects (pictured), will have 91 units, including big family-friendly three-bedroom units. Also expect locally sourced artwork, including a water feature created from a reclaimed bridge, inside.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing

Riverwards Group Secures Construction Financing For 155 Units In Olde Richmond

Mesirow Pays $132M For Midtown Luxury Apartment Tower

Integra Acquires Evacuated Broward Condo Complex Via Court-Ordered Auction