The ground lease and construction loan agreement for the the mixed-use development to rise at 1300 Fourth Street (a.k.a. Mission Bay Block 6 East), with 142 affordable apartments and a managers unit over up to seven ground-floor commercial spaces fronting the Fourth Street corridor, are about to be signed and construction is slated to commence in late September.
The Tenderloin Neighborhood Development Group (TDNC) will manage the 142 units, which will range in size from around 600 square feet for a one-bedroom to 1,300 square feet for the largest three-bedroom and be available to households earning up to 50% of the Area Median Income (AMI). Twenty percent of the apartments will be designated for formerly homeless families and the building will provide and 24-hour property management and supportive services for residents.
As designed by Mithun Solomon and Studio VARA, a mews with 12 townhomes and 10 flats facing a mid-block walkway between Mission Bay Boulevard and China Basin will rise up to three stories along the western edge of the development, a double-height restaurant at the corner of Fourth and Mission Bay Boulevard will overlook the future Mission Bay Commons, and the northern most corner of the development at Fourth and China Basin will provide space for an after school writing and literacy program to be run by 826 Valencia.
Construction will take two years. And when finished, the $76 million building’s garage will provide parking for 41 cars and 136 bicycles.
Nice looking, elegant, simple modern project. All good for MB and the new residents.
gross. this will look very dated, very soon… actually it kinda looks dated now, is it 1995?
build build build!!
A nice little piece of tenderloin introduced to Mission Bay. How exciting!
Yes, nothing like throwing some “culture” into an otherwise affluent ‘hood. Let’s always remind people who can afford nice homes that they “live in the city,” and “they should get used to it.”
I live pretty much right across from some of the other affordable housing in this neighborhood. Same kind of place as this. Never had a problem.
The number of commercial spaces should mean narrower, deeper storefronts which seems a concern of some here.
Now, find someone to fill them! I remain amazed at how slowly the 4th Street retail/entertainment corridor is coming together given how many people are moving into the neighborhood.
There’s no parking in the area which scares merchants off. MB is designed as a transit-first area but we’re decades away from being a transit-friendly city.
I reject that kind of retro-thought. There’s no need to drive to a neighborhood location. What with the residents and the thousands there daily in connection with UCSF, the hospital and related offices, there is an ample customer base to support businesses serving such a population.
As it is, I’m sure people are driving OUT of the neighborhood to meet their everyday needs!
The real problem is that 4th Street wasn’t designed correctly to be an attractive retail street. Sidewalks aren’t nearly wide enough. And buildings are not being developed with attractive retail spaces, for the most part. Sad.
Agree. Look at SPARK food truck park. There’s absolutely no parking and it is very popular.
And oh …. great looking, varied complex.
Special unearned housing windfall for an anointed few, how unfair to 99% of everyone else.
Yeah, those damn “formerly homeless” families are on a real run.
Policy makers pushing for transit friendly forgot to plan in commercial loading spaces in MB for delivery and curbside space for bi & tri-weekly trash offhaul, critical to the day to day operations of retail tenants. I believe this is one of the few causes for 3rd st. & 4th st. failure to fill tenants. Furthermore, potential commercial renters require heavy capital investment to make significant improvement to the new spaces which essentially is a shell with little infrastructure…no kitchen, no toilets, no lights, no plumbing, no HVAC…nada. While transit friendly policies are well-intended, policies haven’t been very friendly to the commercial/senior/family/handicap/visitors constituents.