Deigns for the proposed modern building to rise on the undeveloped Central Freeway Parcel V at the corner of Octavia and Market Street, and to be known as 8 Octavia Boulevard, have been on the boards and in the public eye since 2007.
Having been waylaid by the market for a few years, the proposed Stanley Saitowitz | Natoma Architects designed building which rises between five and eight stories and yields 49 condos over 2,085 square feet of ground floor retail and 25 parking spaces is headed before the Planning Commission this week seeking their blessing to be built.
The building maintains a consistent roofline as Octavia slopes from south to north and will be broken into three masses via deep voids along the Octavia Boulevard frontage which will be clad in a glass curtain wall with vertical colored sunshades.
The required seven Below Market Rate (BMR) units will be included on-site. And in terms of overall unit mix, it’s 13 one-bedrooms, 33 two-bedrooms and 3 three-bedrooms to rise with an average unit size of 952 square feet.
According to a plugged-in source, the developers plan to start building this fall if approved.
∙ RFPs For Housing Along Octavia Boulevard [SocketSite]
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