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Related California celebrates construction milestone at 420 Mendocino Avenue in downtown Santa Rosa

The 168-unit mixed-use development officially tops out and is one step closer to welcoming residents

Yesterday, Related California and the City of Santa Rosa celebrated the Topping Out of a highly-anticipated, market-rate housing development at 420 Mendocino Avenue in the heart of Downtown Santa Rosa.

Located on an approximately two-thirds acre site at the intersection of Mendocino Avenue and Fifth Street, the new eight-story, 168-unit building includes a mix of thoughtfully-designed studio, 1-bedroom, and 2-bedroom apartments, with ground floor retail that will include a new restaurant. Residential amenities will feature a co-working lounge, state-of-the-art fitness center, club room with panoramic views of the City and an adjoining outdoor roof deck, a landscaped paseo that leads to the lobby entrance, and 100 on-site parking spaces for residents.

“It’s exciting to see this development one step closer to providing much-needed housing in the North Bay area,” said Gino Canori, President of Related California. “It has been a pleasure working collaboratively with the City of Santa Rosa, as well as our funding and regional partners to reach this milestone, and we look forward to welcoming residents soon.”

A five-minute walk to Old Courthouse Square and Downtown’s vibrant, growing collection of restaurants along Fourth Street and in Railroad Square; 420 Mendocino Avenue is also well-served by public transit.

“This development will help our city achieve its goal of providing all types of high-quality housing while creating a new destination in our iconic Downtown," said Santa Rosa City Manager Maraskeshia Smith. "I look forward to joining Related California and our other wonderful project partners back on-site next year to celebrate the grand opening with the community."

The development was initially approved by the City in 2018 with Related California named as the development partner and David Baker Architects as the principal designer. Funding partners for 420 Mendocino Avenue include the City of Santa Rosa, East West Bank, Preferred Bank, and RED Housing Fund. Construction began in March 2023 immediately following the closing of construction financing, with completion projected in spring 2025.

“420 Mendocino’s prime location and intentional design add to the city’s vibrant core while setting a new benchmark for residential living in Santa Rosa,” said Matt Keipper, Vice President of Related California. “We are proud to work with a housing-forward city like Santa Rosa on this development alongside our project team.”

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About Related California:
Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. Since 1989, Related California has undertaken a range of transformational developments from best in class luxury high rise residential properties to the redevelopment of obsolete public housing, spanning a broad spectrum of urban infill, affordable, mixed-income and market rate multi-family developments. The company has a development portfolio of more than 20,700 residential units completed or under construction, and more than 4,600 affordable and 7,200 market rate units in pre-development.

Related California has a long history of community partnership, having collaborated with more than 40 municipalities and over 30 non-profit organizations throughout California, and has successfully developed and managed a broad range of property types throughout Alameda, Contra Costa, Los Angeles, Orange, Sacramento, San Bernardino, San Diego, San Francisco and Santa Clara counties. Related California has developed more than $10.3 billion in assets and has a track record of consistently developing communities that exceed industry benchmarks in design, construction, sustainability and property management. For more information about Related California, visit www.relatedcalifornia.com.

Contacts

BergDavis:
Nate Galvan
(408) 710-1668
ngalvan@bergdavis.com