Size                         

• 365,400 square feet of retail space

• 284 rental apartments

• 95 for-sale residential condominiums

Local Demographics

• 5,500 people/square mile

• 64% of metro area median household income

Highlights

• Invested in the development of the retail component and served as developer of the residential component through separate ventures with Madison Marquette Realty Services.

• The site, which had been home to a paint factory and fertilizer plant in years past, required extensive environmental remediation before construction began.

• Lifestyle/urban-streetscape retail set along three city blocks connected by a main street (Bay Street), with two to four stories of residential space atop the retail shops.

• The retail component was completed in 2002 and features more than 60 stores and restaurants, along with a 16-screen movie theater. Key tenants include AMC Theatres, Apple Store, Banana Republic, Barnes & Noble, Coach, Gap, Old Navy, PF Chang’s China Bistro, Pottery Barn and Williams-Sonoma.

• Completed in 2006, the residential component consists of two-story condominium town homes above the shops on the west side of Bay Street and four stories of rental apartments on the east side of the street.

• Construction of the apartments was financed through proceeds from the sale of tax-exempt bonds; 20% of the units are designated as affordable housing for low- and moderate-income residents.

Property News

• Honored as Best Mixed-Use Development, Northern California, for 2007 by California Construction.

• Winner, 2007 Mixed-Use Design Excellence Award given by Multi-Housing News.

• Named 2006 Market-Rate Residential Real Estate Deal of the Year for the Oakland/Inner East Bay area by the San Francisco Business Times. Read the Business Times’ article here.

• Named 2002 Best New Retail Development of the Year by the San Francisco Business Times.

Related Websites

• www.baystreetemeryville.com

• www.windsorcommunities.com/apartments/san-francisco/baystreet