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.