X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN FRANCISCO-The Urban Housing Group has unveiled its Edgewater Luxury Apartments and is off to a fast start with more than half of the units leased. The privately held San Mateo-based firm, a subsidiary of Marcus & Millichap, is leasing market-rate apartments at the 193-unit project in the Mission Bay neighborhood at rents starting at $1,975.

The six-story project consists of studios, lofts and one- and two-bedroom apartments that range from 550 sf to 1,330 sf. The development is at 355 Berry St., between Fifth and Sixth streets.

Dan Deibel, vice president at Urban Housing Group, notes that the luxury complex features more than 12,000 sf of high-end common areas and that it is within walking distance of CalTrain and Muni Metro stations, Giants games at AT&T Park and numerous restaurants, cafes and bars.

The common area features include a controlled entry system; a business center with computers and Internet access; courtyard areas with lounges and an outdoor fireplace; a clubroom with kitchen, fireplace and large screen television; a fitness center; gated parking garages; a bicycle parking area and a package acceptance and notification service.

Residents also have direct access to the Mission Bay kayak launch and storage facility, the Channel Creek promenade and Mission Bay parks. Urban Housing also is under way with another multifamily project in the Mission Bay area, a 192-unit project called 555 Mission Rock that is south of the channel.

Urban Housing is developing the Mission Rock project in a joint venture of AIG Global Real Estate. It is an eight-story project that will consist of one- and two-bedroom units, a limited number of townhouse units and about 10,000 sf of ground-floor retail space.

When GlobeSt.com first reported on the Mission Rock project in April, the developer estimated that completion of the complex was about two years out.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.