Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of shiny new space over the past year, all of which was delivered pre-leased, the average asking rent for office space in San Francisco ticked up another 2.2 percent... Read More »

Up-zoned for development up to 200 feet in height, assuming the adoption of San Francisco’s Central SoMa Plan is upheld, detailed plans for redeveloping the nearly one acre parcel at 490 Brannan Street, at the corner of Fourth and upon which a Wells Fargo, Starbucks and 116-space parking lot... Read More »

With the number of newly proposed units of housing to be built in San Francisco having outpaced the number of units that recently finished up construction for the fifth quarter in a row, the overall pipeline of apartments and condos under development in San Francisco ticked up to a... Read More »

As we first reported in December of 2017, Tishman Speyer was pushing forward with their plans for two modern towers to rise up to 420 feet in height on the northeast corner of 4th and Townsend, stretching across seven Central SoMa parcels, including those currently occupied by The Creamery,... Read More »

As expected, a couple of lawsuits challenging San Francisco’s recently approved Central SoMa Plan have just been filed in San Francisco’s Superior Court and more could soon follow. The first two suits, one of which was filed by the Yerba Buena Neighborhood Consortium (Todco) and another by a local... Read More »

With over 100 proposed amendments having been made to the City’s ambitious Central SoMa Plan, including an allocation of up to $160 million to enhance and expand local transit, San Francisco’s Board of Supervisors could vote to formally adopt said plan by the end of this month with a... Read More »

While San Francisco’s Board of Supervisors have upheld Planning’s certification of the City’s framework to mitigate the projected environmental impacts of its ambitious Central SoMa Plan, it has yet to formally adopt said Plan, the vote for which was anticipated to occur last month. If adopted by the Board,... Read More »

With San Francisco’s Board of Supervisors having upheld the certification of the City’s plan to mitigate the projected environmental impacts of its ambitious Central SoMa Plan, rejecting a handful of appeals in a majority vote, the Board is now on track to adopt the plan next month. If adopted... Read More »

With San Francisco’s Board of Supervisors having just voted to continue their hearing of a California Environmental Quality Act (CEQA) based appeal of the City’s plan to mitigate the projected environmental impacts of its ambitious Central SoMa Plan to September 25, the Planning Commission hearing at which Supervisor Kim’s proposed... Read More »

With San Francisco’s ambitious Central SoMa Plan moving closer to adoption, which could clear the way for Kilroy’s massive redevelopment of the existing San Francisco Flower Mart site, plans to (temporarily) relocate the Flower Mart are in the works. As proposed, the Chronicle’s former 50,000-square-foot printing plant at 2000... Read More »