San Francisco’s Planning Department has completed its first annual “Jobs-Housing Fit” report, a newly required analysis of “the fit between the housing needed by workers of new jobs located in San Francisco and housing produced in San Francisco,” segmented by affordability. And in fact, based on the pipeline of... Read More »

While the ground for Build Inc’s 420-foot-tall tower across the street has yet to be broken, despite being approved/entitled back in 2017, the development of Lendlease’s 520-foot-tall tower to rise at 30 Van Ness, on the Northeast corner of Van Ness and Market, is underway. Orginally envisioned to yield... Read More »

Plans to merge the two Central SoMa parcels at 952-960 Howard Street, demolish everything but the façade of the 100-year-old, single-story industrial building at 960 Howard, and develop a new three-story building on the site, with 18,500 square feet of office space, 5,200 square feet of replacement “PDR,” and... Read More »

As designed and since refined by Foster + Partners and Adamson Associates, the proposed 27-story tower to rise up to 237 feet in height upon Block 7A of the Potrero Power Station site, along Humboldt Street at the intersection of the future Louisiana Paseo/Street, will yield 325 residential units,... Read More »

While legally a two-unit building, 250-252 Cumberland Street was redeveloped as a high-end, 4,000-square-foot Liberty Hill home in 2014 and sold for $6 million that October. Located half a block above Dolores Park, the five-bedroom home now features an open main floor, with “timeless design and sumptuous finishes,” a... Read More »

With the number of units of housing that finished up construction across San Francisco at the end of last year having outpaced the number of units for which the ground was newly broken, the net number of units under construction across the city dropped 8 percent from the third... Read More »

Having held in December, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up 0.2 percent in January for 9.1 percent year-over-year gain versus a 11.2 percent year-over-year gain nationally. At... Read More »

While the Fed has just affirmed its intentions to maintain a low rate environment through 2023, the average rate for a benchmark 30-year mortgage, which inched over 3 percent for the first time in seven months two weeks ago, inched up another 4 basis points (0.04 percentage points) over the... Read More »

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 »

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 »