New Home Sales Surged In October But Remain Below Average
The seasonally adjusted annual pace of new single-family home sales in the U.S. surged to 444,000 in October, up 25.4 percent from September’s pace of 354,000 and 21.6 percent above the revised pace of 365,000 recorded in October 2012, the third slowest October on record.
The annual pace for new home sales in the U.S. as measured in October has averaged 663,000 since 1963, peaking at 1,336,000 in 2005. Preliminary U.S. new home sales (versus pace) in October were estimated to be 35,000, up from 27,000 in September. October sales peaked in 2005 with 105,000 new homes sold.
In the West, the pace of new home sales ticked up 15.2 percent from September to October but fell 14.2 percent on a year-over-year basis.
A Luxury Two-Bedroom Dogpatch Loft For A Grand
A 712 square foot Potrero Launch two-bedroom loft with polished concrete floors, stainless steel appliances, barn style bedroom doors and a whole host of building amenities including complimentary Wi-Fi is now available for $1,078 per month. And yes, there's a catch or two.
(Continue reading: "A Luxury Two-Bedroom Dogpatch Loft For A Grand")
December 3, 2013
Plans And Timing For Pier 70's Historic Rehab Revealed
With Forest City having secured initial Port and City endorsements for their plan to develop a mixed-use neighborhood on the Waterfront Site of San Francisco's Pier 70 with up to 2.2 million square feet of office space; 400,000 square feet of retail, cultural, and maker uses; 1,000 housing units and 7 acres of parks, Orton Development is preparing to seek San Francisco’s Board of Supervisors approval for their plans to rehabilitate Pier 70's Historic Core, eight large buildings and two smaller structures located on or near 20th Street which are owned by the Port of San Francisco.
The historic buildings include 270,000 square feet of existing space to which around 69,000 square feet of new space, primarily in mezzanines, will be added. Once rehabilitated, the historic office and industrial buildings will be used for a range of businesses, including light industrial, technology, life science, office, artisan/artist studios and showrooms, and restaurants.
The top four floors of the Bethlehem Steel Office Building at the corner of Illinois and 20th Streets (Building 101) will return to office use while the building’s commissary on the lower level will likely be used for food production or light industrial use. Multiple offers from "well-established San Francisco restaurateurs" have already been received for building 102 next door:
(Continue reading: "Plans And Timing For Pier 70's Historic Rehab Revealed")
Arts & Crafts With A Heated Pool And Views In Parnassus Heights
Purchased for $3,470,000 in early 2007, the remodeled Arts & Crafts home at 212 Edgewood Avenue is back on the market for $3,795,000 in 2013 with 3,400 square feet of living space inside.
And then there's the heated pool with big Parnassus Heights views out back:
(Continue reading: "Arts & Crafts With A Heated Pool And Views In Parnassus Heights")
Building Up Berkeley: "Higby" Is Breaking Ground
Gerding Edlen and the city of Berkeley will hold a ceremonial ground breaking for "Higby" this afternoon, a mixed-use development with 98 residential units and 6,500 square feet of ground floor restaurant and retail space to be built at 3015 San Pablo Avenue on the southeast corner of San Pablo and Ashby Avenue (a.k.a. 1200 Ashby).
While the final design is being refined, the development will rise five stories with a mix of studios, one-bedrooms, and two’s and 114 parking spaces (98 spaces for residents).
December 2, 2013
Planning To Chop The Clock Tower From Atop 200 California Street
The six-story building at the corner of California and Front was built as the headquarters for Home Savings of America in 1988, replacing a three-story building which had sat on the site since 1908 which replaced a two-story building on the site before.
Constructed in "a post-modern style common to that era" that "draws attention to itself, rather than blend in with the context" of the surrounding buildings, the owners of 200 California are now proposing to cut the clock tower from atop the building, add operable windows, and re-coat its exterior in order to reposition the building as one "that’s less identifiable by its decorative elements than by its occupants, retail presence, and location."
A Boxwood hedge around the perimeter of the roof and potted trees would aim to soften the edge of the roof parapet, but no public nor private rooftop space is proposed.
Kaiser’s Modern Mission Bay Building Slated For 2016 Opening
Speaking of Kaiser Permanente's moves in San Francisco, the development of Kaiser’s nine-story Mission Bay Medical Office Building at 1600 Owens Street is now scheduled to be finished in late 2015 with Kaiser operating out of the building starting in early 2016.
With no parking being developed as part of the project, Kaiser Permanente physicians, staff and patients will be expected to park in the existing 820 space parking garage across the street at 1670 Owens Street or find "other parking generally available in Mission Bay and [the] surrounding areas."
Kaiser Permanente's Geary Campus Expansion Plan And Design
As we first reported earlier this year, while the southwest corner of Geary and Divisadero is in the process of being landscaped with planters for trees, a 75,000 square foot medical office building is approved to rise up to six stories on the site as part of Kaiser Permanente’s Geary Campus plan.
The timing for the development of the 2108 O’Farrell Street outpatient building, designed to create "a visual cohesiveness for Kaiser’s Geary Campus," has yet to be disclosed, other than being dependent upon Kaiser's membership growth and projected needs.
Zoned For 400 Feet In Height, 200 Feet Proposed For 300 California
The eight-story building at 300 California Street was constructed in 1946, rising 112 feet in height with 77 parking spaces for autos in an underground garage below. A plan to raze the building and build 20 stories on the site was proposed back in 1996 but abandoned.
On the boards since 2007, a plan to simply add four stories atop the existing building at the corner of California and Battery has been dusted-off, a plan which will bring the downtown building's height to 192 feet in an area zoned for the development up to 400.
A 1,200 square foot publicly-accessible rooftop garden would be built as part of the project.
As the expanded 300 California Street building and corner would look fully rendered:
(Continue reading: "Zoned For 400 Feet In Height, 200 Feet Proposed For 300 California")
November 27, 2013
Dorms For Developers In San Francisco?
While it was originally reported that Build Inc. was planning to build around 120 rental units on the half-acre SoMa parking lot which fronts 12th, Norfolk and Harrison Streets, plans for the construction of three six-story buildings with 235 group housing suites and up to 470 individual beds, common living areas and shared kitchens have been drafted for the 1532 Harrison Street site.
The full scoop on what’s being planned and the rendering for what has been proposed:
(Continue reading: "Dorms For Developers In San Francisco?")
More Height And Housing In The Mission And Planning's Thoughts
Purchased for $1,300,000 three months ago, plans to demolish the auto repair shop at 1900 Mission Street on the corner of 15th and construct a six-story building with nine dwelling units, eight parking spaces, 650 square feet of ground floor retail and 1,670 feet of office space on the second floor have been quietly submitted to San Francisco’s Planning Department for review.
Finding that the use and massing are appropriate for the site in general, the Planning Department did provide the following comments with respect to the preliminary design:
(Continue reading: "More Height And Housing In The Mission And Planning's Thoughts")
The Designs For Apple's Proposed Union Square Store Plaza
As part of the design for Apple's proposed flagship store on Union Square, the Grand Hyatt Hotel Plaza between the existing Levi’s Store and Grand Hyatt Hotel will be reconfigured.
In addition to moving Ruth Asawa's San Francisco Fountain a little to the north and a foot closer to the street, the rectangular tree-lined plaza behind the proposed Apple store would terminate at a new water feature wall at the west end of the plaza with concrete benches, large planter boxes, and a stone-paved area for tables and chairs between.
Recessed light fixtures would illuminate the plaza, fountain and wall of water at night:
(Continue reading: "The Designs For Apple's Proposed Union Square Store Plaza")