Articles Filed Under: Breaking News

(978 posts)
Bay Area Home Sales and Median Price Continue to Drop

Bay Area Home Sales and Median Price Continue to Drop

Continuing to follow a trend which shouldn’t catch any plugged-in readers by surprise, the number of single-family homes and condos that traded hands across the greater Bay Area dropped 11.4 percent from May to June, versus typically ticking up, and total sales (7,357) were down 12.6 percent on a... Read More »

Big Hub District Plan and New Heights Closer to Reality

Big Hub District Plan and New Heights Closer to Reality

On the heels of the adoption of San Francisco’s Central SoMa Plan, the legal challenges of which have yet to be resolved, San Francisco’s Planning Department has just finished drafting the Environmental Impact Report (EIR) for the City’s equally ambitious, and synergistic, Hub District Plan. In addition to improving... Read More »

Giants Positioning to Break Ground on Massive Mission Rock Project

Giants Positioning to Break Ground on Massive Mission Rock Project

Mission Rock Partners, which is a Joint Venture between the San Francisco Giants and Tishman Speyer, is positioning to break ground on the first phase of their massive (yes, massive) redevelopment of the Port’s 28‐acre Seawall Lot 337 (a.k.a Oracle Park’s Parking Lot A) by the end of this... Read More »

Bay Area Employment Is Actually on the Decline

Bay Area Employment Is Actually on the Decline

Having dropped to a record low of 1.9 percent in May, the unemployment rate in San Francisco inched up to 2.3 percent in June as the number of people living in the city with a paycheck fell by 3,400 to 565,800, which is down by 9,600 since February’s record... Read More »

Lawsuit to Block Hotly Contested Navigation Center Has Been Filed

Lawsuit to Block Hotly Contested Navigation Center Has Been Filed

While San Francisco’s Board of Supervisors unanimously rejected an appeal of the approved, but hotly contested, plans for a temporary Navigation Center to be constructed on the Port’s current parking lot parcel known as Seawall Lot 330, across from Piers 30-32, at the end of last month, a group... Read More »

Plans to Build Even Higher on an Up-Zoned SoMa Site

Plans to Build Even Higher on an Up-Zoned SoMa Site

As we first reported back in 2017, plans to raze the two-story Fast Signs Building on the northwest corner of Harrison and Hawthorne Streets and develop a 130-foot-tall residential building on the site, with 118 residential units over a garage for 26 cars, were in the works. While the... Read More »

Bay Area Home Sales and Median Price Are…Down

Bay Area Home Sales and Median Price Are…Down

Following a trend which shouldn’t catch any plugged-in readers by surprise, while the number of single-family homes and condos that traded hands across the greater Bay Area increased a seasonally driven 18.9 percent from April to May, total sales (8,310) were down 2.7 percent on a year-over-year basis. And... Read More »

Port Will Solicit Proposals for Contested Waterfront Lot and Piers

Port Will Solicit Proposals for Contested Waterfront Lot and Piers

San Francisco’s Board of Supervisors unanimously rejected an appeal of the approved, but hotly contested, plans for a temporary Navigation Center to be constructed on the Port’s current parking lot parcel known as Seawall Lot 330, across from Piers 30-32, last night. As such, three portable structures are now... Read More »

Bay Area Unemployment Hits a Record Low, But…

Bay Area Unemployment Hits a Record Low, But…

The unemployment rate in San Francisco has dropped to a record low of 1.9 percent, with the ranks of the employed having increased by 2,900 to 569,300 in May. That being said, the ranks of the employed are still down by 6,100 from February’s record high and the rate... Read More »

Mega-Project Has (Partially) Broken Ground

Mega-Project Has (Partially) Broken Ground

Approved by Planning back in 2015 but waylaid by legal challenges, the ground for the massive 5M Project – which spans a 4-acre South of Market site stretching from Mission to Howard and Fifth to Mary – has officially broken ground. Now championed by Brookfield Properties, which acquired Forest City... Read More »