Prado Group Plans More Laurel Heights Rentals

Prado Group outlined part two of a plan for a sprawling apartment complex at UC San Francisco’s former campus in Laurel Heights.

The locally based developers requested permits to build 220 apartments in three buildings for the second phase in the master planned development at 3333 California Street, SF Yimby reported. The project is expected to cost $196 million, or $891,000 per unit. A timeline was not disclosed.

The 10-acre project, dubbed Presidio Highlands, calls for 744 apartments, 38,000 square feet of shops and restaurants, a child care center, 5 acres of open space and parking for 820 cars.

In February, Prado requested permits to build the initial phase, which includes 152 apartments in a five-story building at 3333 California Street, a four-story building at 528 Laurel Street and a seven-story building at 538 Laurel Street. A construction timeline was not disclosed.

Phase two of the development has a five-story building with 64 units, a six-story building with 44 units and a seven-story building with 92 units, at 518, 539 and 538 Walnut Street.

The buildings, designed by Handel Architects, feature floor-to-ceiling windows split by broad white eaves, with a terrace deck around the upper floors, according to renderings.

Prado’s other projects include redeveloping the 5-acre former California Pacific Medical Center in Presidio Heights at 3700 California Street, less than half a mile away from the campus site. Approved plans call for 530 residential units after the demolition of five hospital buildings and the adaptive reuse of a sixth.

Prado Group, founded in 2003, has bought or developed more than 80 residential, retail, office and mixed-use properties, according to the company’s website.