Downtown Fremont · BART-adjacent
Capitol 101 — 126 luxury apartments in downtown Fremont.
14,000 square feet of retail at street level. Seven floor plans named for Fremont's neighborhoods. Three minutes to BART. Breaking ground 2026.
Capitol 101 is a home — and an investment.
I want to live here
Studio, one, two, and three-bedroom homes. Rooftop, co-working, fitness, and ground-floor retail. Priority pre-leasing opens 2026.
I want to invest
Capitol 101 sits inside a designated Qualified Opportunity Zone. Accredited investors can access the project through a Qualified Opportunity Fund and parallel private-placement structure.
A building for the walk home.
Capitol 101 rises at 3411 Capitol Avenue, in the middle of downtown Fremont's decade-long transformation from office park to mixed-use downtown. The site sits three minutes from Fremont BART, two blocks from the new downtown event plaza, and within the boundary of the city's form-based downtown zoning overlay — the framework that finally unlocked mid-rise residential at meaningful scale.
The program is 126 apartments over two levels of podium parking, with 14,000 square feet of ground-floor retail wrapping the Capitol Avenue frontage. Four stories of residential sit above the podium, stepped back on the top floor to create penthouse terraces. The envelope is brick and glass — a deliberate nod to the warehouse district that used to sit here — with bronze window frames and an angled street-facing cornice that carries the building's identity from a block away.
The seven floor plans are named for Fremont's original districts: Niles, Mission, Capitol, Centerville, Irvington, Warm Springs, and Ohlone. Studios start at 540 square feet. Three-bedroom penthouses reach 1,620. Every plan includes in-unit laundry, a dedicated workspace nook, and acoustic separation from the neighbor above and to the side — a specification that costs more to build and is almost never in the brochure.
Downtown Fremont's commuter economics are the quiet story here. BART puts San Francisco's Financial District at 35 minutes. The new VTA BART extension, now open, connects the Tesla Fremont factory and the broader South Bay employment base — including the semiconductor corridor in Milpitas and the Apple and NVIDIA campuses around Santa Clara — without a car. For two-income households with one partner in SF and one in the South Bay, there is no other address in the Bay Area that does both.
We are developing Capitol 101 under SPSD Developers LLC and will be the long-term owner-operator. We are not building to sell. We are building to hold.
Walkable Fremont, finally.
Downtown Fremont has spent a decade rebuilding itself around walkability. Capitol Avenue is the spine. The new Town Plaza hosts farmers markets three seasons a year, the Bay Area Hospital campus is six blocks north, and the Fremont Art & Education District is a ten-minute walk south.
Palo Alto is 18 minutes via the Dumbarton Bridge. San Jose and the South Bay employment base are 22 minutes south on I-880. The Tesla Fremont factory — the largest car factory in North America — is a 12-minute drive and a direct shuttle route from downtown.
Eight shared rooms, thoughtfully built.
Every amenity space at Capitol 101 was planned around a question: would we use it if we lived here?
Rooftop terrace
Hillview grills, fire pits, and a deep view of the East Bay hills.
Co-working lounge
Twelve desks, two phone booths, and a boardroom bookable by the hour.
Fitness center
Strength, cardio, and a yoga/stretch studio. Open 24/7 with key fob access.
EV charging
Level-2 chargers at 30% of parking stalls; Level-3 at the street.
Package concierge
Refrigerated lockers for grocery deliveries; secured room for oversize packages.
Pet spa
Wash station and grooming bay, because every amenity list should be honest.
Bike storage
Secured room for 80+ bikes. Repair stand and pump on the wall.
Smart home tech
Smart locks, Nest thermostats, pre-wired for mesh Wi-Fi in every home.
Seven plans, named for home.
Each plan carries the name of a Fremont neighborhood. Rent estimates are preliminary; final pricing releases with the construction kickoff.
| Plan | Bedrooms | Bathrooms | Sq ft | Starting rent |
|---|---|---|---|---|
| Niles | Studio | 1 | 540 | $2,950 |
| Mission | 1 | 1 | 720 | $3,450 |
| Capitol | 1 + den | 1 | 880 | $3,950 |
| Centerville | 2 | 2 | 1,040 | $4,650 |
| Irvington | 2 | 2 | 1,150 | $4,850 |
| Warm Springs | 2 | 2 | 1,290 | $5,250 |
| Ohlone | 3 penthouse | 2.5 | 1,620 | $7,200 |
Rents are preliminary estimates. Final pricing, availability, and features are subject to change. Click any row to view the plan drawing.
Eight images from the drawings.
Downtown Fremont · California.
Capitol 101 sits at the center of downtown Fremont's rebuilt spine, with BART three blocks away and the Tesla factory twelve minutes by car.
Schematic. Not to scale.
Capitol 101 is also an investment.
The project site is located within a designated Qualified Opportunity Zone. Accredited US investors can participate through a Qualified Opportunity Fund structure (Tranquil Path LLC) and capture the federal QOZ 10-year capital-gain elimination benefit. A parallel private-placement vehicle is available for non-QOZ capital.
- QOZ tax deferral and 10-year appreciation elimination (federal)
- Accredited investors only — confirmed at form submission
- $250,000 minimum commitment
Offerings made only to accredited investors via private placement memorandum.
Be first in line for a home.
Priority pre-leasing opens 2026. Join the list with no deposit — you will be the first to see pricing and floor plan availability.
Capitol 101 is a development of SPSD Developers LLC. Apartment leasing represented by the Capitol 101 leasing team; Fremont Developers is the development sponsor. Renderings are artistic representations and may differ from final construction. Pricing and availability subject to change. Equal Housing Opportunity.