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Articles Recently Tagged: Gentrification

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Approved Development Downsized, Back in Play

Approved Development Downsized, Back in Play

Purchased for $1.528 million in August of 2016, the rent for the Unique Cleaners building at 820 Post Street was then raised, the business was forced to shutter, and plans to level the building and redevelop its Tenderloin parcel were drafted, refined to include traditional bay windows and a... Read More »

Price Cut for Permitted Development Site on Valencia

Price Cut for Permitted Development Site on Valencia

As we outlined back in the fourth quarter of 2017: While forced to be redesigned in order to minimize its projected future shadow following a semi-successful challenge initiated by the owner of Zeitgeist across the street, the contentious plans for a five-story building with 28 condos over 6,300 square... Read More »

More Time for Banked Trendyloin Entitlement Now Being Sought

More Time for Banked Trendyloin Entitlement Now Being Sought

As we outlined back in the third quarter of 2017: Purchased as an un-entitled Tenderloin parcel for $1.6 million , plans for an eight-story, market-rate building with 23 sub-500-square-foot residential units to rise on the 430 Eddy Street site were approved by the City... Read More »

Eight-Story Development Even Closer to Reality in the Tenderloin

Eight-Story Development Even Closer to Reality in the Tenderloin

Purchased for $1.528 million in August of 2016, the rent for the Unique Cleaners building at 820 Post Street was soon raised, the business subsequently shuttered, and plans to raze the building and redevelop its Tenderloin parcel were drafted, as we first reported at the time and followed up... Read More »

Approved Dollar Store Development on the Market in the Mission

Approved Dollar Store Development on the Market in the Mission

As we first reported last year: Having already been redesigned to look “less upscale” and eliminate its garage, the proposed redevelopment of the “One $ Store” parcel on the southwest corner of Mission and 17th Streets was subsequently challenged by the Mission Economic Development Agency (MEDA) for the potential... Read More »

Bigger Cut for Approved Development in the Trendyloin

Bigger Cut for Approved Development in the Trendyloin

As we reported last year: Purchased as an un-entitled Tenderloin parcel for $1.6 million three years ago, plans for an eight-story, market-rate building with 23 sub-500-square-foot residential units to rise on the 430 Eddy Street site were approved by the City . Two months later, the now “Fully... Read More »

Fox Plaza’s Plans to Help Gentrify Its Neighborhood

Fox Plaza’s Plans to Help Gentrify Its Neighborhood

While the approved plans to expand Fox Plaza remain on hold, the Plaza’s new ownership team is about to launch a two-pronged renovation project “to greatly improve the appearance” of its 29-story tower. In addition to a fresh coat of paint, new exterior lights will be added to the... Read More »

Contentious Project Slated for Approval and Potential Goodwill

Contentious Project Slated for Approval and Potential Goodwill

Having already been redesigned to look “less upscale” and eliminate its garage, the proposed redevelopment of the “One $ Store” parcel on the southwest corner of Mission and 17th Streets was subsequently challenged by the Mission Economic Development Agency (MEDA) for the potential loss of a “low-price-point community-serving retail”... Read More »

Eight-Story Development in the Tenderloin Closer to Reality

Eight-Story Development in the Tenderloin Closer to Reality

Purchased for $1.528 million in August of 2016, the rent for the Unique Cleaners building at 820 Post Street was soon raised, the business subsequently shuttered, and plans to raze the building and redevelop its Tenderloin parcel were drafted, as we first reported at the time. And having since... Read More »

The Plea to Save a Mission District Dollar Store

The Plea to Save a Mission District Dollar Store

Having already been redesigned to look less upscale and eliminate its garage, the proposed redevelopment of the “One $ Store” parcel on the southwest corner of Mission and 17th Streets, which has been in the works since 2009, has now been formally challenged by the Mission Economic Development Agency... Read More »