Units | 4 |
Parking | 8 |
Area | 9,600sq. ft. |
Completion Date | May 2010 |
Architect | JSW/D Architects |
General Contractor | Kaufman Construction |
General Contractor | www.bancrofthouse.com |
Project Description
Bancroft House, formerly known as Canterbury House, is a total-rehabilitation of four conjoined flats completed in May 2010. The Property, originally constructed in 1904, was in a significant state of disrepair and uninsurable when the developer was approached by the non-profit owner, the Canterbury Foundation, to explore a long-term ground lease of the site. Through the long-term ground lease, Canterbury secured long-term financing for its Episcopal campus ministry program while the developer secured the land at a low basis.
Bancroft House provides lodging for 32 students at a superior, near campus location in a building that is seismically improved with modern life safety systems. All units are leased furnished, making it a convenient option for new and transfer students at UC Berkeley. The building’s proximity to UC’s Recreational Sports Facility has also attracted UC athletes as tenants.