May 23, 2025 - 10:52

A real estate developer has unveiled plans for the construction of two towering residential buildings in San Francisco's South of Market (SoMa) area. The proposed project features a striking 58-floor tower alongside a 51-floor building, which together will provide approximately 1,500 housing units. This ambitious development is set to rise at a site that was once home to the city’s oldest and largest tennis club, marking a significant transformation of the landscape.
The initiative comes amid ongoing discussions about the need for increased housing in San Francisco, a city grappling with a severe housing shortage. The developers aim to create a vibrant community space that not only addresses the housing crisis but also enhances the urban environment with modern amenities.
As the city continues to evolve, this project highlights the balance between preserving historical sites and meeting the demands of a growing population. Community feedback and city approvals will play crucial roles in the future of this development.
December 4, 2025 - 02:41
Alexandria Real Estate Equities Announces Reduced Cash Dividend for Fourth QuarterAlexandria Real Estate Equities, Inc. has declared a cash dividend of $0.72 per common share for the fourth quarter of 2025. This announcement marks a significant decrease of $0.60, or 45%,...
December 3, 2025 - 06:41
Legal Battle Over $6 Million Estate of Ken and Stacy MattsonKen and Stacy Mattson`s former company, KS Mattson Partners, has initiated legal proceedings to reclaim the couple`s luxurious $6 million estate located just outside Sonoma. This move comes in the...
December 2, 2025 - 22:09
October Sees Growth in East Baton Rouge Parish Commercial Real Estate SalesCommercial real estate sales in East Baton Rouge Parish experienced a notable surge in October, reflecting a positive trend in the local market. Recent market data indicates a significant increase...
December 2, 2025 - 09:09
Ontario Government Dismisses Entire RECO Board Amid Regulatory OverhaulThe Real Estate Council of Ontario (RECO) has announced that all eight members of its board have been dismissed, effective immediately. This significant decision comes as part of the Ontario...