Equity Residential Wins Unanimous Final Approval for $90M Transit-Oriented Development

“Acheson Commons, a $90 million project and the first major entitlement under Berkeley, Calif.’s Downtown Area Plan, received unanimous final approval by the city’s Zoning Adjustments Boards in December. The community will include 33,250 square feet of ground-floor retail space and will have 205 transit-oriented and sustainable urban infill units incorporated into the property. Additionally, each residence will receive an AC Transit Pass.

The community is being developed by Equity Residential, and is being designed by Kirk Peterson Architects and Rhoades Planning Group. Part of the project includes renovation and restoration of historic facades and materials, with $6 million dedicated to this task.”

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Flur, Jessica. Multi Housing News 8 February 2013.