Via Socketsite comes news that SummerHill is backing out of their proposed development at Park Merced:
The owner of the Park Merced Shopping Center has decided to lease up the building after its to sale Peninsula residential builder SummerHill Homes fell through. SummerHill had planned to do a $47 million, 195-unit proposed mixed-use development across from Villas ParkMerced.SOURCE: SOCKETSITE
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