Having been on the boards for a couple of years, the formal application to raze the two-story Canton Seafood & Dim sum restaurant at 655 Folsom and construct a 14-story building, with 84 condos over 2,000 feet of commercial space and an underground garage for 54 cars, has been filed with Planning.
The development as proposed includes 35 two-bedrooms, 37 one-bedrooms and 12 studios. A variance to for the requested 54 parking spaces will be required as the City’s Planning Code only allows for 0.25 spaces per residential unit at this site.
In addition to the 655 Folsom project, plans for another 13-story building with 240 units to wrap around the Canton site, covering the parcels at 667 Folsom and 120-126 Hawthorne, are in the works as well but a little farther behind, with that project’s Preliminary Assessment currently under review.
The proposed 240-unit project, which is being designed by Handel Architects for Equity Residential, doesn’t include any parking spaces, other than for 136 bikes.