Ivanhoé Cambridge has partnered with multi-family company Greystar Real Estate Partners to develop a new mixed-use project in San Francisco, Calif. The development, which entered construction in late January, will include 87 apartment homes and 5,000 square feet of retail space. It is located at 2198 Market St.
The apartment component of the project will consist of one and two-bedroom units ranging from 538 to 1,322 square feet in size. Building amenities will include a rooftop terrace, bistro lounge, bike storage and underground parking.
“2198 Market Street will provide residents a transit-orientated community that provides convenient access to the Church Street Muni Metro and BART,” says Sylvain Fortier, Executive Vice President, Residential, Hotels and Real Estate Investment Funds for Ivanhoé Cambridge. “It’s also a 10 minute commute to downtown San Francisco and a short walk to local parks, schools and restaurants.”
The property is expected to be ready for occupancy in the summer of 2016.