San Francisco

Moffett Field and the iconic Hangar One are set to be saved by Google, as the tech giant recently agreed to invest around $200 million at the property. Additionally, the airfield will be used in Google’s various ventures including space exploration research, aviation and robotics. The company’s subsidiary, Planetary Ventures, has signed an agreement with NASA that will let the company manage Moffett Federal Airfield(MFA) in Moffett Field, CA. The agreement was closed for a period of six decades and would mean that the Google-controlled entity will pay NASA a total of $1.16 billion in rent.

California College of the Arts recently released renderings for one of the most interesting student housing projects in the entire state of California. The university’s in-development Panoramic Residences is an affordable student housing development on which CCA has partnered with Panoramic Interests. The project is taking shape in San Francisco’s SoMa district, in the vicinity of Twitter’s current HQ, as well as the upscale apartment complex known as Nema. The property is on track for an official opening in the fall of next year.

A residential community in San Mateo was recently awarded LEED Platinum certification by the United States Green Building Council. 888 San Mateo is a residential community owned and developed by the Sares Regis Group of Northern California. The announcement means that 888 San Mateo is only the sixth residential community in the country with over 150 units to garner the certification.

Contractor C.W. Driver recently completed work on the new Bloomingdale’s at the Stanford Shopping Center project in Palo Alto, Calif. The California-based company had been working on the project that replaced the old Bloomingdale’s store on El Camino Real since December 2013. The new retail building is an $18 million project that aimed at bringing a clean, modern design to the Stanford Shopping Center.

After the recent LEED Gold certification awarded to one of the city’s best known office towers, namely 75 Hawthorne (more on that here), another major asset has been awarded with a green certificate by the United States Green Building Council. One Sansome Street is now the first building in San Francisco to achieve LEED Platinum v4 certification, the highest level of certification made available by the Council. The building is also only the second property worldwide to be awarded with v4 certification.

It was recently announced that 75 Hawthorne at Hawthorne Plaza was awarded Platinum level certification under the United States Green Building Council’s LEED for Existing Buildings Rating System. Owned John Hancock Life Insurance Company, a division of Manulife Financial Corporation in Canada and managed by previous owner and current property manager Hines, the asset was previously awarded Gold-level certification under the same system back in 2009. Hines sold the property to its current owner in 2011, but it stayed on to carry out property management duties at the asset.