This project is a Cahill/Guzman joint venture. Located directly adjacent to the 16th Street BART station, this 2-3 phase project will consist of approximately 400 units. Design concepts are still being flushed out, but it will likely be a mix of high-rise and mid-rise buildings, 9 to 16 stories. Building 1 – La Maravilla (2970 16th Street) will be a 9-story, type-1A, 100% affordable Permanent Supportive Housing building with 136 units. The ground floor will house resident services offices, shared common areas, a wellness clinic (TI space), and a secure outdoor courtyard. A second floor will provide a community laundry room and terrace and residential units.
Status: The GMP for Remaining Trades is currently in progress. Bids are due on Tuesday, September 9th, 2025. Please note that a 50% DD early bid took place in June 2025. The following trades bid out at that time and are pending award: Abatement, Demo, Earthwork, Shoring, Ground Improvements, Elevators, Fire Sprinklers, and Tower Crane. Construction expected to start in December for the first building – Building 1 – La Maravilla (2970 16th Street).