The University of California at Berkeley has begun construction on a 23-story student housing tower, reported the San Francisco Chronicle. When completed, the $443-million project will reshape the city’s skyline and add more than 1,600 beds as the campus struggles to keep up with surging housing demand.
The Bancroft-Fulton Student Housing project, rising at 2200 Bancroft Way near Durant Avenue, is expected to surpass the 185-foot office tower at 2150 Shattuck Ave., according to UC Berkeley development reports. At 276 feet in height, it will still be shorter than the university’s landmark Sather Tower.
The project is being developed by UC Berkeley Capital Strategies and built by Clark Construction. Amenities will include a two-story dining hall, study lounges on each residential floor, social lounges, laundry rooms and a fitness center. The development will also feature a central courtyard, bicycle storage and roughly 19,500 square feet of open space.
Completion is expected by summer 2028, with students moving in for the 2028-29 academic year.
ATCO Structures has more than doubled the size of its modular manufacturing plant in Grimsby, expanding production capacity as Canada’s construction industry faces growing pressure to build faster and at lower cost. The company officially opened the expanded facility Thursday, increasing its footprint from 85K SF to 185K SF. Canada’s modular construction market reached $5.5B...
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Canada’s apartment landlords are still collecting more rent than they were a year ago. But when a tenant moves out, the next one is increasingly paying less. That divide is at the heart of a rental market that has lost much of its pricing power, even as apartment buildings remain largely occupied. Annual rent growth...
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The U.S. investment sales market continued to gain momentum through the third quarter of 2026, recording approximately $389 billion in sales across office, multifamily, industrial, retail and development properties, Avison Young reported. Q3 volume reached $143 billion, the strongest Q3 since 2022. Multifamily continued to account for the largest share of investment dollars, while industrial...
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