CFAH

Articles Filed Under: New Developments

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Vacant Residential Development Repositioned, Reduced

Vacant Residential Development Repositioned, Reduced

Designed and developed by Stanley Saitowitz, the modern new 25-unit building at 603 Tennessee Street, across the street from UCSF’s Mission Bay Campus, a block from Chase Center and a short walk from the commercial corridors of both Dogpatch and Mission Bay, was condo mapped, but efforts to sell... Read More »

Rents in S.F. Holding Below Pre-Pandemic Levels, Availability Up

Rents in S.F. Holding Below Pre-Pandemic Levels, Availability Up

The weighted average asking rent for an apartment in San Francisco was unchanged over the past month, holding at around $3,600, which is 5 percent higher than at the same time last year but only 1 percent higher since the start of this year, 12 percent lower than prior... Read More »

More Height for Market-Rate Tower Closer to Reality

More Height for Market-Rate Tower Closer to Reality

As we revealed at the end of last year, a modification to the approved plans for Related California’s 365-foot-tall tower to rise on the parking lot parcel at 98 Franklin Street, at the intersection of Oak, was in the works, a modification which would increase the tower’s height to... Read More »

Pace of New Home Sales Slips Despite More Activity/Discounts

Driven by discounting and concessions, as home builders are more “motivated to sell homes in their construction pipeline,” versus existing-home owners that might try to hold out for last year’s prices, with varying results, mortgage loan application volume for new homes across the U.S. ticked up 4 percent last... Read More »

Single-Family Home Inventory Is Building Up

While the number of homes listed for sale in San Francisco ticked down 7 percent in the absolute over the past week with typical seasonality in play, there are still 40 percent more homes on the market than there were at the same time last year, with 30 percent... Read More »

Visualizing the Burgeoning Hub District Plan(s)

Visualizing the Burgeoning Hub District Plan(s)

As newly rendered by SOM along with the first two Hub District towers that have risen at 1580 Mission and 30 Otis and already yielded nearly 1,000 units of housing, the modified plans for the three towers to rise at 98 Franklin, One Oak and 10 South Van Ness... Read More »

Pace of New Home Sales Ticks Up, Still Down

Pace of New Home Sales Ticks Up, Still Down

Having dropped in September, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 7.5 percent in October to an annualized rate of 632,000 sales, which was only 5.8 percent lower than at the same time last year but nearly 35 percent below the pace... Read More »

San Francisco’s Housing Pipeline Hits a New High

San Francisco’s Housing Pipeline Hits a New High

The total number of units in San Francisco’s housing pipeline, including affordable units that are slated to be rebuilt, hit a record high of over 80,000 in the first quarter of this year, according to our queries of Planning’s databases as mapped and distributed above. In addition to around... Read More »

Approved Tower Pushed Back, Parking Lot Extension Sought

Approved Tower Pushed Back, Parking Lot Extension Sought

As we outlined back in September of 2020: Having been approved back in 2016 but yet to break ground, the entitlements for a skinny 495-foot-tall tower to rise at 524 Howard Street, a development which could yield up to 334 condos, or 72 condos over a 273-room hotel, “depending... Read More »

Purchase Activity for New Homes in the U.S. Continues to Drop

Purchase Activity for New Homes in the U.S. Continues to Drop

Despite the fact that the number of new homes on the market across the U.S. is over 30 percent higher than at the same time last year, with the most new homes on the market since the second quarter of 2008, mortgage loan application volume to purchase one of... Read More »