As we first reported yesterday, the proposed Showplace Square maker/office project to rise up to four stories in height at One De Haro Street has qualified for a streamlined environmental review.
And in fact, the re-development of the now centrally located San Francisco Gravel Company site, as newly refined and rendered by Pfau Long Architecture below, could be approved by San Francisco’s Planning Commission next week.
In addition to 43,300 square feet of Production, Distribution and Repair (PDR) space, the proposed development would yield 86,300 square feet of new office space and off-street parking for 14 (up from 10) cars and 36 bikes.
And yes, the approval of the project would require an allocation of 86,300 square feet of space from the limited pool of allowable “large cap” office development in San Francisco. But allocations from the Prop M bank occurs at the time a project is approved, not when it’s proposed or simply in the pipeline. Allocation expire if an approved project fails to break ground within 18 months. And the current available balance of the Prop M bank for large cap projects totals a little over 2 million square feet.
A couple of design refinements of note: (1) the fence around the required privately-owned, publicly accessible open space (POPOS) at the intersection of Division King and De Haro has, in fact, been pushed back to frame a smaller, but more refined, Entry Plaza adjacent to the building’s lobby; and (2) the building’s northern cantilever has, in fact, been wedged and reduced.
And with respect to potential tenants and uses for the building’s PDR/Maker space, the project team is proposing to dedicate a quarter (10,500 square feet) of the space for use by a non-profit, education-focused operator – such as HumanMade, which is a non-profit under development by former Tech Shop (which suddenly shuttered last year) peeps – at a below market rate.
We’ll keep you posted and plugged-in.