Planning Rules In Favor Of Modern Mission Bay Development

Planning Rules In Favor Of Modern Mission Bay Development

Having been completely redesigned by Los Angeles-based Rios Clementi Hale Studios, Kilroy Realty’s “Exchange on 16th,” a 700,000-square-foot office and retail development to rise at 16th and Owens on Mission Bay Block 40, was at risk of having to be re-approved by San Francisco’s Planning Commission. But in consultation... Read More »

New Mission Market Slated For Approval

New Mission Market Slated For Approval

Next week, “Gus’s Community Market” could be given the green light to convert 10,000 square feet of ground floor industrial space at the corner of Harrison and 17th Streets, which is technically the 400 Alabama Street building, into a neighborhood grocery store and accessory restaurant. As we first reported... Read More »

A New Home For Family House

A New Home For Family House

With 200 units of affordable housing slated to soon break ground on the western three-quarters of Mission Bay Block 7, construction on a new 92,000-square-foot home for Family House is underway on the eastern quarter of the block, fronting Third Street between China Basin and Mission Bay Boulevard North.... Read More »

Think You Know Noe? Now’s The Time To Tell

Think You Know Noe? Now’s The Time To Tell

The Noe Valley home at 56 Clipper hit the market two weeks ago listed for $859,000. And in the words of a plugged-in reader: “No doubt more of the same tired strategy of ‘list low, generate a lot of traffic and bids, break the hearts of many who thought... Read More »

Scoop: New Designs For Big Mission And 16th Street Development

Scoop: New Designs For Big Mission And 16th Street Development

The formal environmental review for a proposed 331-unit development to rise up to ten stories on the northeast corner of Mission and 16th Streets, at the entrance to the 16th Street BART Station, is about to get underway.  And with it, we now have the latest renderings for the... Read More »

Razing The Roof For Dogpatch Rentals To Rise

Razing The Roof For Dogpatch Rentals To Rise

The buildings on the southern portion of the Dogpatch block bounded by Third, 23rd and Tennessee Streets – and adjacent to the Hells Angels – have started to be razed in order to make way for 259 new apartments to rise. The grand opening for the the project known as 1201 Tennessee... Read More »

Mortgage Rates Tick Up From 20-Month Lows

Mortgage Rates Tick Up From 20-Month Lows

Having dropped to a 20-month low of 3.63 percent last week, the average rate for a conforming 30-year mortgage has ticked back up to 3.66 percent but remains 66 basis points below the 4.32 percent average rate at the same time last year. Averaging 6.7 percent over the past... Read More »

Billionaires Row Mansion Officially Listed For $39M

Billionaires Row Mansion Officially Listed For $39M

Listed for $32 million in 2010, the 16,400-square-foot Gold Coast home at 2701 Broadway ended up selling to celebrity chef Roxanne Klein and her entrepreneur/environmentalist husband Michael Klein (who once toured with The Dead) for $27 million in early 2012. Designed by James Miller and built for a lumber... Read More »

Pending U.S. Home Sales Slip In December But Up Year-Over-Year

The National Association of Realtors Pending Home Sales Index fell 3.7 percent from November to December but is running 6.1 percent higher than in December 2013, up from 4.1 percent higher on a year-over-year basis the month before. The Pending Home Sales index for the West fell 4.6 percent... Read More »

Plans For 76 Micro-Units And A Multi-Million Dollar Flip

Plans For 76 Micro-Units And A Multi-Million Dollar Flip

As we first reported last August: The long-standing 10th Street Car Wash at the corner of Harrison and 10th which has occupied the Western SoMa site since 1969 is in contract to be sold and plans to develop the parcel have just been submitted to Planning. As proposed, a five... Read More »

Affordable 200-Unit Mission Bay Building Slated To Break Ground

Affordable 200-Unit Mission Bay Building Slated To Break Ground

The building permits for 200 affordable apartments to rise on the western portion of Mission Bay Block 7, fronting Fourth Street between China Basin and Mission Bay Boulevard North, were issued last year. And according to a plugged-in source, the ground for the four-story development – a development which... Read More »

San Francisco Rents Slip From Record High

The average asking rent for an apartment in San Francisco was $3,392 at the end of 2014, up 11 percent over the past year and 55 percent higher since 2009, but down $8 a month from a record $3,400 in the third quarter of last year. A 0.24 percent... Read More »

Measure To Block Flower Mart Redevelopment Looms

Measure To Block Flower Mart Redevelopment Looms

While Kilroy Realty has reached an agreement with the operators of the San Francisco Flower Mart to build a new underground market for the mart’s wholesale business in exchange for their support of Kilroy’s redevelopment of the Central SoMa site, the backers of a threatened ballot measure which could kill... Read More »

Pace Of New U.S. Home Sales Climbs But Remains Below Average

Pace Of New U.S. Home Sales Climbs But Remains Below Average

The seasonally adjusted annual pace of new single-family home sales in the U.S. jumped 11.6 percent in December to an annual rate of 481,000 sales while the November pace was downwardly revised from 438,000 to 431,000. New home sales are now running at a pace which is 8.8 percent... Read More »

San Francisco Home Values Tick Up, Condos Hit New High

San Francisco Home Values Tick Up, Condos Hit New High

Single-family home values within the San Francisco MSA ticked up a nominal 0.1 percent from October to November but are running 8.9 percent higher on a year-over-year basis. And local condominium values have hit an all-time high, according to the latest S&P Case-Shiller Home Price Index. Keep in mind... Read More »