As we outlined earlier this year: The proposed mass redevelopment of 12 contiguous Central SoMa parcels stretching from 400 Second Street to 665 Harrison, a.k.a. the One Vassar project, has just qualified for a streamlined environmental review and could break ground as early as next year if approved, with... Read More »
With the number of newly proposed units of housing to be built in San Francisco having ticked up in the fourth quarter of last year, the number of apartments and condos under development in San Francisco (i.e., the city’s housing pipeline) ended 2019 at a new record high and... Read More »
The refined plans for the newly dubbed “Harrison Gardens” development to rise on the Key Central SoMa Development Site at 725 Harrison Street, between 3rd and 4th, could be approved next week. As designed by HOK for Boston Properties, the 14-story development would rise up to 185-feet in height... Read More »
With the number of newly built units of housing in San Francisco having outpaced the number of newly proposed units of housing to be built in San Francisco for the first time since mid-2017, albeit by a nominal amount, the overall pipeline of apartments and condos under development in... Read More »
Having hit a record high in the first half of the year, driven in part by the delivery of a record amount of high-end Class A space, all of which was delivered pre-leased, the average asking rent for office space in San Francisco overall ticked up another 1.1 percent... Read More »
As we first reported earlier this year: While plans for an eight-story hotel to rise up to 85 feet in height upon the eastern three-quarters of the Central SoMa Shell Station site on the southwest corner of Fifth and Folsom were in the works, those plans appear to have... Read More »
As we first revealed last month, bonus plans for a 245-unit residential building to rise up to 294 feet in height on the northwest corner of Harrison and Hawthorne have been drawn. And in order to build up to 294 feet in height upon the 650 Harrison Street parcel,... Read More »
On the heels of the adoption of San Francisco’s Central SoMa Plan, the legal challenges of which have yet to be resolved, San Francisco’s Planning Department has just finished drafting the Environmental Impact Report (EIR) for the City’s equally ambitious, and synergistic, Hub District Plan. In addition to improving... Read More »
Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of high-end Class A space, all of which was delivered pre-leased, the average asking rent for office space in San Francisco has ticked up another 4.5 percent in the... Read More »
As we outlined last month: Plans to level the 41-foot-tall San Francisco Tennis Club at 645 5th Street and build up to 243 feet in height upon its 2.6-acre Central SoMa site could be approved by San Francisco’s Planning Commission in two weeks time. In addition to over 840,000... Read More »
“Because the rents are dropping?...” [more]
“Keep in mind that "over asking” sales are primarily a function of pricing, not the market per se. ...” [more]
“Agreed, this would be a great ground floor use with housing above. 16th street is too important as a...” [more]
“Poor, affronted modern architecture! I think the new building proposal is a very nice design, but th...” [more]
“It would appear that SF is overrepresented - ~15% of claims and ~10% of total population; of course...” [more]
“The number of homes on the market in San Francisco, net of new sales and contract activity, has tick...” [more]
“I say no. It’s historic. We have enough building going on in the city! If it’s not affordable...” [more]
“Can you get fire insurance?...” [more]
“Fact. The Fed has already indicated publicly it won't meaningfully raise interest rates until 2023 a...” [more]
“It sounds like environmental review is still underway: according to the notice I’ve seen the comme...” [more]