450 Folsom and 250 Fremont
August 23, 2015|
The other portion of this project, 250 Fremont, contains two mid-rise podium buildings. Two mid-rise podium buildings on adjacent parcels contain 79 rental units that are 100% affordable. Shared resident amenity spaces are distributed throughout the development, including a fitness center, roof garden, lounge terrace, and resident community garden. For more information, see https://www.250fremont.com.
450 Folsom is also referred to as “The Avery”.
Unit Mix: 80 1, 2, and 3-BR homes (Two mid-rise buildings); 70 1, 2, and 3-BR (Tower)
Completion Year: 2019
Manager and Lead Developer: Related California
Architect: OMA, Fougeron Architecture
Total Development Cost: $600M
Financing Sources: Inclusionary housing funds, conventional mortgage, OCII, 4% LIHTC
Our Role: Managing General Partner
Location: 450 Folsom and 250 Fremont Street, San Francisco