Of the roughly 1,300 new housing units which were built in San Francisco last year, up from only 269 the year before, 900 were within the greater Downtown area. There are now 1,750 units under construction in San Francisco’s Downtown with another 567 permitted or approved to be built.
While overall employment in San Francisco increased 4% last year, it was actually flat Downtown with a slight loss in the number of office jobs offset by an increase in retail. Expect the count of Downtown office jobs to jump by the end of 2013, driven by a push to Mid-Market.
And in terms of parking, at the end of 2012 there were 33,400 off-street parking spaces Downtown, no change from 2011 and roughly 20% of the 166,520 spaces citywide. The city has a stated goal of limiting the number of off-street parking spaces to the number that existed in 1984 by restricting the supply of spaces within any new development.
The Planning Department’s full Monitoring Report for San Francisco’s Downtown will be presented to San Francisco’s Planning Commission this afternoon.