San Francisco, California (PRWEB)
August 12, 2017
US Capital Partners Inc. has been engaged as the exclusive advisor to New Cities Investment Partners, LLC for the capital formation for a $110MM mixed-use real estate development named the ‘Maple & Main Project’ in Hayward, located in California’s flourishing San Francisco Bay Area. To showcase this project, US Capital will be hosting an investor event on Thursday, August 17th between 6pm and 8pm at the iconic Bently Reserve. This landmark, known as the former San Francisco Federal Reserve building, is located at 301 Battery Street. This will be an opportunity to meet the management team and join the discussion around Maple & Main’s conception.
The Maple & Main Project has been unanimously approved by the Hayward City Council and is expected to be a catalyst for downtown revitalization. The project is located at Main, Maple & A Street on a 3.9 acre site four blocks from the BART, and consists of 240 market-rate and affordable apartments and 5,571 square feet of retail space that exhibit both eco-friendly and socially responsible design principles.
Other planned amenities include a 50,000 square foot medical office, a 504-stall parking garage, three open courtyards, a swimming pool, a 3,600-square-foot clubhouse and a 6,460-square-foot rooftop terrace. The site also has easy access to the 580 and 880 freeways, and is only a 35-minute BART ride from downtown San Francisco.
Lee Newell, Chief Executive Officer at New Cities, commented: “We approached US Capital Partners to support us with capital formation for this landmark project. We are extremely pleased with the team and look forward to meeting strategic investors and other potential partners.”
“We are delighted to be involved in this project, which is so close to home for us,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “The business comes at a good time as the area has benefited substantially from San Francisco and Silicon Valley’s prosperity. Just down the road from this site, residents will find high-profile employers such as Tesla Motors, Seagate Technology, and Amazon. The opportunity to participate in this fund is now open to eligible investors.”