Anton Portola - List image
03/24/2017

Anton Portola - 256-unit affordable apartment complex with resort-style pool, fitness center opens in Irvine

IRVINE – A brand new 256-unit affordable apartment complex with a resort-style pool, fitness center and dog park has opened in the developing Portola Springs community.

The rent price at Anton Portola is $876 per month for a one-bedroom apartment and $1,050 for two-bedroom, compared to the average asking rent of about $1,800 for apartments in Orange County.

Still, Anton Portola has exterior and amenities that make it indistinguishable from market-rate apartments, said Andy Davidson, vice president of construction for Anton Development Co., which built and manages the property.

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Andy Davison
03/17/2017

Andy Davidson: From internship to industry leader

Sometimes, the old saw about a guy who starts running errands for a company but eventually becomes the boss isn’t just a saw.

Take for example Andy Davidson, now vice president of construction at Anton Development Co. While still attending California State University Sacramento, he interned with Anton’s Sacramento office, getting lunches and performing other grunt tasks.

That was in 2005. Two years later, Davidson had a job waiting for him when he graduated. A decade later, he’s the company’s vice president of construction and board chairman for the North State Building Industry Association.

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Virgin Hotels
09/30/2016

Virgin Hotels to check into Silicon Valley

Virgin Hotels, Sir Richard Branson’s lifestyle hotel brand, is expanding to the West Coast.

The company, part of the Virgin Group, announced today that it will open and operate a property in Milpitas, Calif., in Silicon Valley.

The hotel will be part of a residential and retail complex called The Fields that broke ground in November 2015.

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09/21/2016

Anton Mountain View Approved by City Council

Multifamily developer Anton DevCo announced today the Mountain View City Council has formally approved a new residential community located at 394 Ortega Avenue. The approval came at the September 20 meeting of the Council with a unanimous vote in favor of the development.

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Anton Redwood
09/06/2016

Anton Development Project Promises Affordability Relief for Downtown Redwood City

A residential project is underway in the planning process to add 250 units of housing at 801 Brewster Avenue in Redwood City. Foster City-based Anton Development Co. has submitted a formal application and is working with Architecture Design Collaborative, civil engineer Kier & Wright, and MJS Landscape Architecture to provide an amenity-filled housing complex that also features 50 units of very affordable rental homes. The project, named Anton Redwood, is situated within walking distance of the Redwood City Caltrain Station, retail, services and parks, and falls within the Downtown Precise Plan. The project’s 200 market-rate units are the last units allocated by the Downtown Precise Plan for the plan area.

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06/07/2016

Neighbors Clash in Silicon Valley

SAN JOSE, Calif.—As Silicon Valley swelled with technology jobs for much of the past half-century, the city of San Jose was happy to serve as its bedroom community, blanketing vineyards and plum orchards with homes until it became the nation’s 10th-largest city.

 

But all that building has taken a toll, leaving this city of roughly one million people low on land and fiscally stretched. Now, grappling with soaring housing costs thanks to the region’s continued job growth, city officials are criticizing neighboring cities for failing to create enough housing of their own even as they continue to cut ribbons on new office buildings.

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Anton Milpitas
05/31/2016

Milpitas: Planners approve 582-unit apartment complex near future BART station

A new 582-unit multi-family development located a stone’s throw away from the pending Milpitas Bay Area Rapid Transit advanced last week.

Milpitas Planning Commission voted 7-0 May 11 to recommend approving a site development permit for Foster City-based Anton Development Co. LLC’s apartment complex, at 730 and 750 East Capitol Ave., that will include two multi-story, mixed use apartment buildings. The still under-construction Milpitas BART Station will be located across the street from the project, at 555 E. Capitol Ave., when it opens in fall 2017.

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05/05/2016

The Paradox of Soil

Land, the centre of the pre-industrial economy, has returned as a constraint on growth

THE history of economics has been, among other things, a story of learning to care less about land. The physiocrats of 18th-century France saw it as the primary guarantor of wealth. Adam Smith included it alongside labour and capital as one of the three factors of production that combined to generate output. A little later Thomas Malthus saw its innate scarcity as ensuring eventual catastrophe in the face of exponential population growth.

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05/05/2016

Space and the City

The Economist

Poor land use in the world’s greatest cities carries a huge cost
Apr 4th 2015

BUY land, advised Mark Twain; they’re not making it any more. In fact, land is not really scarce: the entire population of America could fit into Texas with more than an acre for each household to enjoy. What drives prices skyward is a collision between rampant demand and limited supply in the great metropolises like London, Mumbai and New York. In the past ten years real prices in Hong Kong have risen by 150%.

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Anton Legacy
04/28/2016

Anton Legacy celebrates 1st anniversary of affordable housing

TUSTIN, Calif. (April 3, 2016) — One year ago, Lisa Wehrly opened the door to her new affordable-housing apartment and wept.

“Even now, I get emotional,” says the disabled medical staffer.

She’d watched the Anton Legacy apartment homes being built across the street from her studio apartment, and hoped to qualify. When they opened in April 2015, she was offered a one-bedroom unit.

“I walked in, and everything was so beautiful,” says Wehrly, 50, who lives on a limited income. “I actually started crying.”

Anton Legacy provides residents of Tustin with 225 affordable housing apartments, including 161 units for those making up to 60 percent of the area’s median income.

These apartments are just one example of affordable housing that Irvine Company has helped build from San Diego to San Jose, including more than 4,000 affordable units in Irvine.

The company teamed up with the group that is now Anton Development Co., and the City of Tustin to build Anton Legacy.

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Connect CRE - Andrew Baker
12/21/2015

Connect With Anton Development: Andrew Baker

Connect Media Co.
How is Anton Development keeping up with the demand for affordable housing in the Bay Area? Andrew Baker, senior vice president of acquisitions, fills Connect Media in on their current projects and his perspective on the housing supply issue.
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Anton Arcade
12/16/2015

Judge dismisses suit against Arden-Arcade apartment project

Sacramento Business Journal

A judge has dismissed a lawsuit that attempted to stop an affordable apartment project in Arden-Arcade.

In a tentative ruling that became final last Friday, Sacramento County Superior Court Judge Christopher Krueger said the county was justified inapproving the project without a full review under the California Environmental Quality Act.

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10/12/2015

Housing: Bay Area’s Achilles Heel

The Registry SF

The Bay Area is perhaps the West Coast’s most important region. And according to some, it is California’s economic engine, and one of the main reasons the state is in the black.

“Our economy is driving the economy of the state. The reason why the state has a budget surplus is because of the economy of the Bay Area,” said Matt Regan, senior vice president of public policy with the Bay Area Council.

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09/29/2015

Anton Development Ramps Up Bay Area Multifamily Platform

Connect Media: CRE

Anton Development, a 20-year-old firm with experience in affordable and market-rate multifamily housing, is boosting its platform around the Bay Area and looking for more development opportunities. Right now, the firm, which is moving from Sacramento to San Francisco early this month, has 1,000 units in predevelopment and is actively looking around the Bay Area, as well as areas in Southern California build projects.

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Victory Park
09/11/2015

Victory Park Opens at Tustin Legacy

Connect Media: CRE
Victory Park at Tustin Legacy is now open. St. Anton Partners built the five-acre park, which has playgrounds, picnic areas, cabanas, BBQ facilities and many additional features.

 

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03/05/2014

Facebook's Company Town

The Wall Street Journal

Facebook Inc.’s sprawling campus in Menlo Park, Calif., is so full of cushy perks that some employees may never want to go home. Soon, they’ll have that option.

The social network said this week it is working with a local developer to build a $120 million, 394-unit housing community within walking distance of its offices. Called Anton Menlo, the 630,000 square-foot rental property will include everything from a sports bar to a doggy day care.

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10/01/2013

Facebook, Partner To Build Menlo Park Housing Complex

SF Gate

Facebook is in the housing business.

The social network giant has partnered on a new, 394-unit apartment complex to be built “within walking distance” of its headquarters and campus in Menlo Park.

For Menlo Park, the financial beating heart of Silicon Valley, the complex…

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08/21/2013

Three Developers To Add To The 4,200 Homes At Tustin Legacy

The Orange County Register

Three companies have deals with the city to build homes on the former Marine base, adding to the nearly 4,200 homes already on the base land, said executive coordinator Stephanie Najera in an email.

Standard Pacific was given city approval in July to build nearly 375 new homes northeast of…

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Anton 1101
07/09/2013

St. Anton Partners' Valley Presence Grows With $40M Sunnyvale Apartment Project

Silicon Valley Business Journal

Four years after closing on its first Bay Area property, Sacramento-based multifamily developer St. Anton Partners now counts roughly 1,200 units in the Silicon Valley pipeline and another 1,000 in the broader Bay Area.

The latest to break ground: Anton 1101, a 97-unit infill project at 1101 North Fair Oaks Ave. in Sunnyvale that…

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