The refined plans for a 14-story building to rise up to 145 feet in height upon the two Hayes Valley parking lot parcels at 600 McAllister Street, which includes the former Central Freeway Parcel D on the northwest corner of McAllister and Franklin, have just qualified for a streamlined environmental review and could be approved next month.
As designed by David Baker Architects for the S.Hekemain Group and on the boards since 2018, as we revealed at the time, the development as proposed would yield 196 residential units, a mix of 115 studios averaging 458 square feet apiece and 81 two-bedroom units averaging 994 square feet each, with a basement garage for 43 cars, secured parking for 160 bikes, and around 8,000 square feet of ground floor retail/arts activity space.
While the corner site is principally only zoned for development up to 85 feet in height and a density of around 150 units, the project team is planning to leverage California’s Density Bonus Law for the additional height and density, an approach which shouldn’t catch any plugged-in readers by surprise.
Assuming the project is approved and the ground is broken, the development would take around two (2) years to construct. But we’ll note that building permits for the project have yet to be requested, much less secured. Regardless, we’ll keep you posted and plugged-in.