Articles Recently Tagged: Below Market Rate (BMR)

(179 posts)
The Numbers Behind the Lease Up of New Below Market Units

The Numbers Behind the Lease Up of New Below Market Units

Nearly 7,000 applications (6,849) were received for the 108 Below Market Rate (“BMR”) rental units in the new 537-unit development at 500 Folsom Street, on Transbay Block 9, which was completed at the end of 2019. And while waylaid by the pandemic, BRIDGE Housing was able to have 100... Read More »

Phase 2 of the Big Potrero HOPE Project is Underway

Phase 2 of the Big Potrero HOPE Project is Underway

The second phase of the approved master plan for redeveloping the 33-acre public housing development atop Potrero Hill, a five-phase plan which aims to eventually rebuild over 600 units of distressed public housing and create an additional 155 affordable homes, along with approximately 800 market rate units spread across... 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 »

Change in Plans to Expedite Development of New Tower

Change in Plans to Expedite Development of New Tower

The refined plans for a 61-story tower to rise up to 800 feet in height at 542-550 Howard Street (a.k.a. Transbay Parcel F) were approved by San Francisco’s Planning Commission early last year, plans which could yield 165 condos, a 189-room hotel, 275,000 square feet of office space and... Read More »

Tenderloin Development Redesigned, Slated for Approval

Tenderloin Development Redesigned, Slated for Approval

Having been redesigned by Brick to retain and incorporate the existing garage’s façade on the O’Farrell Street site, a façade which was known to be a contributor to San Francisco’s Uptown Tenderloin Historic District and had raised preservation related concerns, the refined plans for a 111-unit residential building to... Read More »

Redevelopment of Decade-Old Pit (Somewhat) Closer to Reality

Redevelopment of Decade-Old Pit (Somewhat) Closer to Reality

Plans for a 25-unit development to rise up to 65 feet in height on the 14-year-old pit in the ground at 1145 Mission Street could be approved this week with the developer having just ‘volunteered’ to include four (4) units of below market rate (BMR) housing on-site – versus... Read More »

Angling for a Below Market Rate Switcheroo

Angling for a Below Market Rate Switcheroo

As we outlined back in 2015: Over the objections of the Plaza 16 Coalition, San Francisco’s Planning Commission has approved the plans for a five-story, 27-unit apartment building to rise on the southwest corner of South Van Ness and 17th Street in the Mission. The Coalition had demanded that... Read More »

141 Below Market Rate Modular Studios Even Closer to Reality

141 Below Market Rate Modular Studios Even Closer to Reality

As we outlined earlier this year: The ground for the 141-unit modular development to rise on Mission Bay South Block 9, adjacent to San Francisco’s new Public Safety Building and across the street from Phase 2 of the Giants’ massive Mission Rock development, is tentatively slated to be broken... Read More »

Below Market Rate Modular Studios Closer to Reality

Below Market Rate Modular Studios Closer to Reality

The ground for the 141-unit modular development to rise on Mission Bay South Block 9, adjacent to San Francisco’s new Public Safety Building and across the street from Phase 2 of the Giants’ massive Mission Rock development, is tentatively slated to be broken this June. If everything goes as... Read More »

Draft Plans and Timing for Affordable Condos to Rise in Mission Bay

Draft Plans and Timing for Affordable Condos to Rise in Mission Bay

The draft plans for a below market rate (BMR) condo building to rise up to 8 stories in height on Mission Bay Block 9A, a slender 30,000-square-foot site bounded by the future Bridgeview Way, China Basin Street, the future public green space (“P19”) fronting Terry A. Francois Boulevard and... Read More »