Construction has begun on an ambitious eight-story residential project at 2587 Telegraph Avenue, set to transform the bustling Southside neighborhood of Berkeley. This student-focused development promises to offer a vibrant living environment with modern amenities and retail spaces.
Discover the Future of Student Living in Berkeley
The Vision Behind the Development
The project, spearheaded by Gilbane Development Company, aims to address the growing demand for student accommodation in close proximity to UC Berkeley. Strategically located between Dwight Way and Parker Street, this prime real estate was previously occupied by the Buffalo Exchange until mid-2020. The new complex will stand 85 feet tall, encompassing approximately 112,560 square feet of space. It will feature 52 spacious apartments, ranging from studios to six-bedroom units, catering specifically to the diverse needs of students.KTGY Architects have designed the structure with a contemporary flair, integrating four silver-clad bays separated by columns of balconies and darker plaster cladding. The ground level boasts wood screens and masonry veneer, creating an inviting atmosphere for pedestrians and residents alike. This architectural design not only enhances the aesthetic appeal but also ensures seamless integration into the urban fabric of Southside.Innovative Amenities and Community Spaces
Beyond just providing shelter, the complex prioritizes quality of life for its inhabitants. Over 5,100 square feet of open space will serve as communal areas where students can relax, socialize, and engage in recreational activities. A state-of-the-art fitness center and yoga studio are included to promote wellness. Each floor will boast study pods, fostering an environment conducive to academic success. Additionally, two rooftop terraces connected to a clubroom provide panoramic views of the city, ideal for gatherings and events.The inclusion of such amenities underscores the developer's commitment to creating a holistic living experience that goes beyond mere accommodation. These facilities encourage interaction among residents, building a strong sense of community within the complex. Moreover, the provision of parking for 79 bicycles supports sustainable transportation options, aligning with Berkeley's eco-friendly ethos.Affordable Housing and Regulatory Benefits
In line with efforts to increase affordable housing stock, six units within the complex will be reserved for very low-income households earning less than half of the area’s median income. This initiative leverages the State Density Bonus program, allowing the project to expand by 50% while benefiting from streamlined approval processes under Senate Bill 330. Such measures ensure that the development remains inclusive and accessible to a broader demographic.The preliminary permits were filed in February of the previous year and received final approval late in the current year. This timeline reflects the efficient coordination between developers and local authorities, facilitating the timely commencement of construction. By adhering to regulatory frameworks, the project sets a benchmark for responsible urban development in Berkeley.Location and Connectivity
Situated along the retail-rich Telegraph Avenue, the site benefits from excellent connectivity and proximity to key landmarks. Just four blocks away lies the prestigious UC Berkeley campus, ensuring convenient access for students. The surrounding area is teeming with cafes, bookstores, and other establishments that cater to the vibrant academic community. This strategic location enhances the appeal of the complex, making it an attractive option for prospective tenants.Telegraph Avenue itself is renowned for its eclectic mix of shops and eateries, offering residents a lively and dynamic environment. The intersection with Dwight Way and Parker Street further amplifies the centrality of the location, positioning it as a focal point within Southside. As construction progresses, anticipation builds for the completion expected by summer 2026, heralding a new era of student living in Berkeley.Economic Impact and Future Prospects
The development represents a significant investment in the Southside area, poised to stimulate economic growth and enhance property values. Retail spaces totaling 2,900 square feet will attract businesses, contributing to the local economy. With Gilbane Development Company at the helm, the project draws upon over 154 years of expertise in real estate development and financing.While the estimated cost remains undisclosed, the anticipated impact on the community is undeniable. This project embodies the synergy between private enterprise and public interest, setting a precedent for future developments in Berkeley. As the skyline evolves, so too does the promise of a thriving, sustainable, and interconnected neighborhood.