Articles Filed Under: Industry Stuff

(1,412 posts)
High-ish Rise in the Excelsior Slated for Approval

High-ish Rise in the Excelsior Slated for Approval

As we first revealed back in 2019, plans for a seven-story infill building to rise up to 74 feet and six inches in height upon the shuttered Club Tapatio site at 4742 Mission Street were in the works and Planning was encouraging the project team to add another floor... Read More »

Penthouse Shell Dropped Over 40 Percent

Penthouse Shell Dropped Over 40 Percent

Priced at $10.495 million in September of 2019, a subsequent $1.55 million “buildout incentive” failed to move the 5,223-square-foot penthouse shell #41B atop the LUMINA tower at 201 Folsom Street and the list price for the “spacious dual level corner home…that offers unique potential and 270 degree views” was... Read More »

South Van Ness Infill Development Closer to Reality

South Van Ness Infill Development Closer to Reality

As we outlined back in 2017: Plans to level the Barney’s Auto Center shop at 986 South Van Ness Avenue, between 20th and 21st Streets in the Mission, and build nine (9) condos upon the 5,222-square-foot site are in the works. As massed but yet to be detailed by... Read More »

Oakland Aiming to Adopt Its Downtown Plan and Fund Housing

Oakland Aiming to Adopt Its Downtown Plan and Fund Housing

While waylaid by the pandemic, Oakland’s Planning Department is aiming to update and adopt its comprehensive plan to transform Downtown Oakland by the end of this year. As envisioned, the Downtown Oakland Specific Plan (DOSP) would allow for the development of up to 20 million square feet of new... Read More »

Listing Activity for Rentals in San Francisco Drops, But…

Listing Activity for Rentals in San Francisco Drops, But…

As we outlined last week, leasing activity across a sample of ten (10) of the larger apartment buildings we’re tracking in San Francisco has ticked up, driving the average vacancy rate for the cross section of 3,600 units down to around 7.5 percent, driven by aggressive discounting and incentives... Read More »

Rarely Available View Condo Listed for 19 Percent Less

Rarely Available View Condo Listed for 19 Percent Less

Purchased for $2.125 million in April of 2016, the “rarely available,” two-bedroom, two-bath condo #17E in the LUMINA tower at 338 Main Street was offered for rent at $7,000 a month in 2018. After a year as a rental, the unit returned to the market priced at $2.4 million... Read More »

Inventory Levels Inch Up in San Francisco, Poised to Jump

Inventory Levels Inch Up in San Francisco, Poised to Jump

While the number of homes officially on the market in San Francisco (950) has only ticked up a few percent over the past few weeks, driven by new contract activity, overall inventory levels are still 50 percent higher than at the same time last year (versus down nationwide) and... Read More »

New Tower Tops Out, on Track for Delivery This Year

New Tower Tops Out, on Track for Delivery This Year

The 25-story tower rising at 415 Natoma Street, the first building of the massive 5M Project, which spans a 4-acre South of Market site stretching from Mission to Howard and Fifth to Mary, has officially “topped out.” And with around 14 million square feet of vacant office space currently... Read More »

Permitting Scofflaws Take Note

As proposed by Supervisor Ronen, individuals, agents and entities that have a history of circumventing and abusing the City’s permitting process – such as working without a permit; misrepresenting the existing conditions of a property in order to facilitate the approval of a permit; or working beyond the scope... Read More »

Bonus-Sized Development Closer to Reality in the Mission

Bonus-Sized Development Closer to Reality in the Mission

As we first outlined back in 2018, plans for a 9-story building to rise on the 20,000-square-foot surface area parking lot at 321 Florida Street, between 16th and 17th Streets in the Mission, were in the works. And as since rendered by Handel Architects, the proposed development would rise... Read More »