Overview of 8 Octavia:
8 Octavia is in the Hayes Valley neighborhood, and is designed by award-winning architect Stanley Saitowitz of Natoma Architects. Homes at 8 Octavia will range from junior one-bedroom homes to three-bedroom penthouse homes. The development is located at the corner of Market and Octavia, and will provide a “sleek welcome” to the pedestrian-friendly Octavia Boulevard that opened in 2005 as a replacement to the Central Freeway on/off-ramps that were damaged in the 1989 Loma Prieta earthquake.
37 Condominium Residences:
5 junior one-bedroom
2 one-bedroom homes
24 two-bedroom homes
6 three-bedroom penthouse homes
8 Octavia Construction Schedule:
Construction began in April of 2013. Closings and occupancy begin late in 2014.
Pricing for 8 Octavia:
Two bedroom homes without parking are available for roughly one-million dollars. Two bedroom homes with parking start at about 1.25 million and vary based on location and configuration. For the three bedroom penthouse homes prices begin at roughly 2.6 million dollars.
8 Octavia Parking:
24 residential parking spots for the building (offered with the larger homes first)
26 bicycle stalls at the development
Amenities and Finishes for 8 Octavia:
Keyless building entry, entry into your home via smartphone
Open and minimalist floor plans
User-controlled exterior window louvers to modulate solar heat and privacy [link to youtube video] Energy-efficient lighting and appliances
Finishes include wood flooring, European cabinetry and floor-to-ceiling windows
Below Market Rate (Inclusionary Housing) Homes:
There will be 7 BMR homes that are located on-site. These homes are traditionally the last to be sold, and will be made available through the listing agent and Mayor’s Office of Housing via a lottery system.