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The portfolio covers 709 homes and a total of 1.4 million square feet.
This marks the firm's seventh multi-project development fund.
Nearby Jackson Square has the hottest recovery vibe in San Francisco.
The $1 billion program was passed by Congress in 2022.
The move allows the company to prepare the building for a new wave of tenants.
The fund will partly focus on speculative and build-to-suit development.
Region with 825 AI headquarters drew 82% of global VC funding for AI in 2024.
Pretium already has experience in SFR, affordable housing, and build-to-rent.
Seaport Entertainment is also open to a development partner.
The public-private initiative launched a design contest for a pilot program.