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Redwood City could vote on rent control, tenant protections in November election – The Mercury News

(Caelyn Pender/Bay Area News Group) Officials count signatures for a proposed rent-control ordinance on Tuesday, May 21, 2024 at the Redwood City Library. The Redwood City Fair and Affordable Housing Ordinance proposes tenant protections such as rent control and limits on landlord evictions that advocates say are stronger than protections currently in place. (Caelyn Pender/Bay Area News Group) REDWOOD CITY — A proposed rent control resolution could be on the ballot in Redwood City this November after a coalition of community members presented more than 6,000 signatures to the Redwood…

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San Francisco Bay Area home prices are sky high, but Vallejo remains relatively affordable – CBS San Francisco

While real estate prices in California and the San Francisco Bay Area continue to shatter records, there is one Bay Area city that is bucking that trend for now. Median home prices in California were at an all-time high in April, according to figures released by the California Association of Realtors.  April’s statewide median home price was $904,210, surpassing $900,000 for the first time ever. It was a 5.8% increase from March , when the median home price was $854,490. It was also an 11.4% increase from April 2023, when…

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New Home Builders

Park with panoramic views of the Bay opens on Yerba Buena Island – NBC Bay Area

There’s a new spot in the Bay Area to enjoy stunning views. Recently opened Panorama Park on Yerba Buena Island provides visitors with 360-degree views of San Francisco Bay, the San Francisco skyline, the East Bay shoreline and more. The park also has a towering sculpture called Point of Infinity, created by artist Hiroshi Sugimoto. We just opened San Francisco’s newest attraction, Panorama Park, a beautiful outdoor space that features unmatched views of San Francisco from Yerba Buena Island and the stunning ‘Point of Infinity’ sculpture by Hiroshi Sugimoto. This…

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Work begins to convert San Jose office tower to housing high-rise – Silicon Valley

SAN JOSE — Wide-ranging work is underway to convert a well-known San Jose office tower into housing, a project that could enable rentals of the future residences to begin sometime in 2025. The project aims to remake the Bank of Italy historic office tower downtown into a residential high-rise with at least 100 apartments. If completed, the transformation would be one of the first successful office-to-housing conversions in the Bay Area. In the wake of the coronavirus pandemic and facing a sluggish commercial real estate market, a number of developers…

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YIMBY group hits wealthy Peninsula city with lawsuit over housing plan – The Mercury News

Fall colors drape over Sonora Drive in San Mateo, Calif., Thursday, Nov. 16, 2023, where a historic designation proposal has created controversy. (Karl Mondon/Bay Area News Group) To demonstrate it is serious about building new housing, the city of San Mateo must show state regulators a list of places where new development could be built in the next eight years. The city’s list includes several sites along El Camino Real, as well as the popular Bridgepointe Shopping Center. But there’s no way that housing could realistically be built on these sites…

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Upcoming state audit targets California’s housing mandates – The Mercury News

Construction workers work on the Tilda House, a 22-story tower on Treasure Island in San Francisco, Calif., on Wednesday, Sept. 13, 2023. The 250-apartment tower is the first ever high-rise structure built on the island. (Ray Chavez/Bay Area News Group) California housing regulators are demanding that cities statewide develop meticulous plans to add 2.5 million affordable and market-rate homes by the end of the decade — but some local officials say the process sets them up for failure. Frustrated Bay Area mayors and city councilmembers say the new planning requirements…

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Bay Area mayors travel to China to promote economic strengths, attract investors – The Mercury News

Newly shipped cars on the AMPORTS’ lot on Wilbur Avenue in Antioch, Calif., on Monday, May 20, 2024. AMPORTS is an automotive logistics and processing facility where cars are shipped from abroad for distribution. The Gen On energy plant is to the right. (Jane Tyska/Bay Area News Group) Businesses in China may have never heard of East Contra Costa County, but they soon will as a small group of Bay Area mayors, including ones from Antioch and Oakley, travel there this week to promote the area’s economic strengths with hopes…

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