SAN FRANCISCO—AMCAL Multi-Housing is startingconstruction on 60 affordable family apartments at the SanFrancisco Shipyard development in southeast San Francisco. AMCAL isbuilding the affordable project in partnership withYoung Community Developers, a San Franciscononprofit that provides training and support for residents ofBayview Hunters Point.

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AMCAL has contracted with Cahill GeneralContractors to construct the apartments. "AMCAL's 35 yearsof experience and proven expertise in the affordable housing sectorunderscore our own principles of delivering housing with quality,value and integrity," says Kofi Bonner, presidentof Lennar Urban. "With this project, we'll be ableto deliver affordable housing earlier than expected.''

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The project will be affordable to households earning no morethan 50% of the San Francisco median income. The building isscheduled to be completed in 2016.

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AMCAL's development is part of the inclusionary affordablehousing in Lennar Urban's first phase of development. Also, it isthe first significant affordable housing in the master plan for theredevelopment of Hunters Point Shipyard-CandlestickPoint, the largest redevelopment effort in San Franciscohistory.

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Lennar is providing a $10 million construction subsidy and thesite infrastructure. Bank of America is the lender and tax-creditinvestor for the project.

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The project will consist of 60 affordable apartments, whichinclude one, two, and three-bedroom units. The site is 22,433square feet, and the property will total 82,000 square feet ofresidential building. The project is at 350 Friedell St.

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The project is being developed in cooperation with the SanFrancisco Office of Community Investment and Infrastructure, whichis the successor to the San Francisco Redevelopment Agency.

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The apartment building, which is designed by David BakerArchitects and Interstice Architects, will have one level ofconcrete parking structure with four levels of living space. Thegarage level will provide 45 parking spaces as well as 110 bikespaces. Common spaces will include four community rooms andlounges, laundry, a common space kitchen as well as offices foronsite property management. The top level will have an open-airdeck; landscaped courtyards will be on the podium level.

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The master plan for The San Francisco Shipyard and adjacentCandlestick Point includes 12,000 homes, three million square feetof office space, an urban outlet center, local retail, restaurants,a theater and performing arts space. Plans are in place tocreate 326 acres of parks and open space at the sites.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.