The Fang family is planning to level the San Francisco Newspaper Printing Company building at 1201 Evans Avenue – within which the San Francisco Examiner, SF Weekly and a number of other local periodicals are currently printed – as well as three industrial buildings upon the adjacent 1241 Evans Avenue lot.
And as envisioned, a 7-story building would rise up to 75 feet in height upon the Hunters Point/India Basin site, which stretches around the corner from Evans to Fairfax Avenue, with 220 apartments over 25,000 square feet of ground-floor PDR space, a basement garage for 110 cars and the development’s residential entrance at the corner of Evans and Keith.
The Fang family, which had owned the Examiner from 2000 to 2004, purchased the 1201 Evans Avenue parcel for $1.5 million in 1991 and acquired the adjacent 1241 Evans Avenue parcel for $1.4 million in 1995.
Keep in mind that the assembled site is currently only zoned for production, distribution and repair (PDR) uses (which doesn’t include housing) and development up to 40 feet in height. We’ll keep you posted and plugged-in.