“The first phase of [Trinity Plaza] construction, some 440 units on the Mission Street side of the property, includes 360 “replacement” studios to house the rent-control tenants now living in the Trinity rental complex. The remaining 80 units will feature one-bedrooms: 68 market-rate and 12 below-market rate. The address of the first building will be 1188 Mission St.
[Trinity Properties Chief Financial Officer Walter Schmidt] said shoring and excavation will begin shortly and take the project into 2008 when the “pile and foundation program” will start. Trinity officials estimate that it will take two years to finish the first phase and move existing tenants over.
In all, the project will include four phases. After 1188 Mission St. is completed, the next building will be 545 units on Market Street, which will include 21,000 square feet of retail space and a large public plaza allowing pedestrians to pass through from Mission to Market Street.
The final building phase will add 915 units and include a building along Eighth Street and another west of the 1188 Mission St. structure.”
∙ Massive excavation to begin at Trinity Plaza [Business Times]
∙ Trinity Plaza: Just One Signature (And Around Three Years) To Go [SocketSite]
It is about time!
Hooray!
Some of the best news for San Francisco that has ever been announced.
Now, if only demolition could start on the Cathedral Hill hotel soon – we could lose two of the most horrendous eye-sores in the city…
Excellent news for this blighted area. Build more housing convenient to the downtown area to reduce commute time for workers, reduce bureaucratic red tape that helps, not hurt, small businesses, and watch SF become a truly great city.
I’m hoping the rebuilding of Trinity – and the elimination of its toxic dead-zones – will make going to shows at the Orpheum a more pleasant experience.
Heard Peet’s is moving into the neighborhood too, so the changes appear to already be starting.
Peet’s is coming to 9th and Howard
“Peet’s is coming to 9th and Howard.”
Isn’t that the location of the gas station and Booger King drive-thru? Isn’t there already a Starbucks there? Peets over Starbucks would be an improvement, but not a revolutionary one.