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11/10/15
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Construction has started on Artist Walk, an infill mixed-use project within the Centerville District of Fremont. The project is being developed by a joint venture between BHV CenterStreet Properties (BHVCP) and JD Capital. The work is being funded by a senior construction loan provided by PCCP LLC.
Located at 37070 – 37222 Fremont Blvd, east of I-880 between Thornton Ave and Peralta Blvd, Artist Walk will include 185 apartment units and 28.6k sf of ground floor retail space on 6.24 acres of land. Completion of the project is anticipated in July 2017.
Plans for the development incorporate four- and three-story buildings with surface parking as well as continuous street-facing retail across three separate buildings along Fremont Blvd, with a proposed mix of 12 to 17 restaurants and retailers. The apartment units will include one- and two-bedrooms with nine-foot ceilings, washer/dryer, private balconies, and upgraded finishes. Along with the benefit of on-site retail, community amenities will include a pool, clubhouse, and business center.
Artist Walk is well-positioned as a transit-oriented development. It is situated near strong job centers in the East San Francisco Bay Area and the Silicon Valley—within 30 minutes of most major employers in the Silicon Valley and Oakland. The San Francisco Peninsula is just 15 minutes southwest across the Dumbarton Bridge from the property and both ACE Train (300 feet from the site) and Fremont BART station (2.5 miles away) will provide residents with numerous transportation options.
BHVCP is a private real estate development, investment, and services company based in the East Bay with a focus on developing and acquiring residential, retail, and mixed-use projects in the San Francisco Bay Area. With over 30 years of experience each, principals Brad Blake and Brad Griggs have developed in excess of 6,500 apartment units. Artist Walk will be the first joint venture between BHVCP and JD Capital. JD Capital, the equity partner for the Artist Walk project, is a China-based private equity investment firm.
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