The university will also pay $920,000 into the city’s Housing Trust Fund as recompense for the structure.
Mayor Jesse Arreguín said it’s the largest amount he could recall Berkeley ever having gotten from the state for affordable housing over his 16 years serving the city.
The project also includes 89 units of affordable housing, at 50%-60% of the area median income, that will be available to the general public on a lottery basis. It is slated to open in 2022.
The city has decided not to grant developer Hill Street Realty more time to secure financing for the 18-story Berkeley Plaza project on Harold Way.
Efforts are afoot at City Hall to see if the 18-story, $150 million mixed-use housing complex planned on Harold Way may still, in fact, be viable — even though the developer told the city that he had scrapped the plans.
The developer behind an 18-story, nearly 300-unit project on Harold Way has scrapped those plans, putting an end to one of the biggest development battles Berkeley has seen in recent years.
On Monday, four years after the Berkeley City Council approved plans for a new high-rise on Harold Way, the project team submitted its building permit application to the city of Berkeley.
A six-story, 101-unit project proposed in Berkeley at San Pablo and Hearst avenues won near-unanimous approval Thursday night from the zoning board.
Logan Park, an eight-story, 204-unit mixed-use housing project slated for downtown Berkeley, is one step closer to breaking ground after the zoning board approved its use permit Thursday night.
Since 2014, there have been 1,022 housing units built, across 17 projects, according to the latest “housing pipeline” report issued by the city. About 842 units, in 15 projects, are expected to be done by 2020.
A 12-story, 156-unit project downtown won praise and nearly unanimous approval Thursday from the city’s zoning board. Speakers called it a home run for union labor and the “gold standard” for development.
The Berkeley City Council voted Tuesday night to analyze the possibility of service-rich senior housing on the parcel now occupied by the West Berkeley Service Center.