SOUTH SAN FRANCISCO—San Mateo-based Sares Regis Group of Northern California has closed escrow on five parcels adjacent to the new Cadence multifamily community for an upcoming second phase of the project. The project was approved as part of a multiphase development agreement with the city of South San Francisco that began in 2015.
Located at 200 to 216 Miller Ave., the combined lots will accommodate 195 units on 1.08 acres. Due to existing lease commitments on the recently acquired parcels, plans call for construction to begin in the Fall 2020 with completion in 2022.
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