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The Summit, located just one block north of the existing Arch building in the heart of downtown, will double the footprint of the convention center when it opens for business in 2022.

Phase one connects buses from AC Transit and WestCAT to/from the East Bay, and Greyhound and Amtrak Thruway buses with Muni service while phase two would bring in Caltrain and high-speed rail.

The company states that construction will start immediately after securing the building permit for the project that secured $2.7 million in performance-based tax credits from New York State through the Excelsior Jobs Program.

“I'm excited to be a part of a company that is focused investing in the affordable housing industry to help create quality homes for consumers,” says Monarch Private Capital's Brett Barringer.

Both New Jersey and Florida are undergoing rapid economic growth and expansion, as well as experiencing significant population gains, says John Williams, president of Avanath, leading to increased demand for affordable housing options across both states.

While serviced offices have been around for decades, the term coworking has become a buzzword during the last 10 years with very little metro level data available yet to track historically, says NAI Partners.

The largest deal was the relocation of law firm Burns & Levisnon to approximately 100,000 square feet of space at 125 High St.

The financially troubled Chinese conglomerate HNA Group is reportedly trying to sell its interests in the building valued at $452 million.