The sale transfers 314 units around downtown that mostly house students and could bring over $4 million in transfer taxes to the city.
Equity Residential
Posted inHousing & Development
Berkeley home, formerly for sale for $1, demolished to make room for apartments
The developer and preservationists had hoped to save it, but the house was so large it would have to be cut in two to be brought through Berkeley streets.
Posted inHousing & Development
Construction begins on downtown Berkeley apartment building, 5 years after it was approved
The units will have “chic amenities” and the complex will include a gym and parking garage. The project should be finished by mid-2020.
Posted inHousing & Development
Construction to start this summer on Acheson Commons
Work should begin mid-summer on the construction of 205 apartments on University Avenue right near UC Berkeley.
Posted inHousing & Development
Equity Residential sells Acheson Commons property to Texas firm
Equity Residential has sold the square block of downtown it owns to Mill Creek Residential, which will now construct 205 apartments in a development named Acheson Commons. The tall building on the right is knows as the Bachenheimer Building and the shorter building on the left once held the MacFarlane candy store. Photo: Tracey Taylor […]
Posted inCrime & Safety, Fire
Fire downtown in structure on Shattuck and University
The fire in downtown Berkeley. Photo, taken at 3:55 p.m., by Kenneth Stein Update: 8:30 p.m. A Berkeley firefighter received minor injuries in the two-alarm fire that broke out at 3:43 p.m. in a rear courtyard stacked with wooden pallets directly behind UC Theatre’s small space at 2115 University Ave., according to Deputy Fire Chief […]
Posted inCommunity
Broken elevator strands disabled Berkeley tenants
The Acton Courtyard elevator has been broken since Nov. 13. Image: Google Maps A broken elevator at a Berkeley apartment building owned by Equity Residential has left numerous tenants with mobility issues in the lurch this holiday season, and building management has been slow to handle the problem, residents report. The single elevator at The Acton Courtyard, at 1370 University […]
Posted inBusiness, Housing & Development
Equity Residential to sell 8 Berkeley apartment buildings
Four of the Berkeley properties Equity Residential is selling. Photo: Eastdil Secured Equity Residential, which owns eight buildings with 452 apartments in Berkeley, as well as the entitlement rights to build the 205-unit Acheson Commons complex on University Avenue, is putting its entire Berkeley portfolio up for sale. No price is mentioned on the listing […]
Posted inCity, Housing & Development
City’s largest apartment building ever gets go-ahead
A rendering of the Acheson Commons complex on University Avenue, which now will go forward. Image: Kirk Peterson Architects Acheson Commons, the largest apartment complex ever planned for Berkeley’s downtown, is set to go forward after its opponents decided not to file a challenge to the plan. A coalition of unions, preservationists, community activists and […]
Posted inHousing & Development, Schools
1,000 new apartments planned for downtown Berkeley
Natasha Moses, a property manager for Berkeley Central at 2055 Center Street, shows a visitor the main living area of one of the penthouse apartments, which rent for $6,300 a month. Photo: Frances Dinkelspiel The view from the L-shaped deck off the penthouse apartment at 2055 Center St. is spectacular. One side looks west toward […]
Posted inHousing & Development
Acheson Commons: Large change for downtown
View of the proposed Acheson Commons looking NW, including, in foreground, a proposed new 10-story UC Berkeley office building. Rendering: courtesy Equity Residential/Kirk E. Peterson Architects One of the first projects to be built under Berkeley’s recently adopted Downtown Area Plan will be Acheson Commons which will transform the entire city block bordered by University Avenue, Shattuck […]