Articles Recently Tagged: Rincon Hill

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Let the Bargaining Begin

Let the Bargaining Begin

While it failed to sell in 2011, having been “lavishly remodeled” with Venetian plaster, Italian tile, exotic woods and a floor plan “inspired by a Feng Shui Master,” the 1,400-square-foot unit #1 in the former Smitty Knitting Factory building at 75 Lansing Street ended up trading for $1.18 million... Read More »

Plans to Convert Podium Parking into Dwelling Units

Plans to Convert Podium Parking into Dwelling Units

There are currently 228 parking spaces in the podium of the 227-unit Bay Towers building at 388 Beale Street, the majority of which are tucked away behind the vented semi-circles on the third and fourth floors of the 20-story building which was developed in 1999. But plans to remove... Read More »

Refined Plans and Timing for the Next Big Transbay District Park

Refined Plans and Timing for the Next Big Transbay District Park

The concept design for San Francisco’s future 2.4-acre Under Ramp Park, which will run from the south side of Folsom Street to Howard, between First and Second and predominantly under the Fremont Street off-ramp and bus ramp serving the new Transbay/Salesforce Transit Center, has been refined by Conger Moss... Read More »

Battle over Newly Approved Rincon Hill Development Rages On

Battle over Newly Approved Rincon Hill Development Rages On

The waylaid plans for a modern residential building to rise up to 84 feet in height at 430 Main/429 Beale Street were, in fact, approved by San Francisco’s Planning Commission at the end of May. The Commission’s approval, however, was conditioned upon a the inclusion of a 45-foot-wide, mid-block... Read More »

Waylaid Rincon Hill Development Take Two (And Three)

Waylaid Rincon Hill Development Take Two (And Three)

As we first reported in early March, having foreshadowed its revival back in 2015: Approved for development back in 2009 but subsequently waylaid by a successful appeal to San Francisco’s Board of Supervisors, an appeal which was championed by neighbors in the adjacent building (Baycrest) concerned about a loss... Read More »

The Economics of a Rincon Hill Condo and Reality Check Redux

The Economics of a Rincon Hill Condo and Reality Check Redux

As we originally outlined back in the third quarter of 2015: Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was listed as a rental for $3,800 in mid-2014 and actually rented for $3,750 per month, which included valet parking... Read More »

Rincon Hill Penthouse Fetches 4.7 Percent over Its 2014 Price

Rincon Hill Penthouse Fetches 4.7 Percent over Its 2014 Price

Purchased for $3.535 million at the end of 2014, prior to which it had been listed for rent at $18,000 per month, the three-bedroom, three-bath penthouse unit #5204 atop One Rincon Hill at 425 1st Street was subsequently upgraded, with new hardwood flooring in place of carpet in the... Read More »

Déjà Vu for a Waylaid Rincon Hill Development

Déjà Vu for a Waylaid Rincon Hill Development

As we first reported a couple weeks ago, the revived plans for a modern 144-unit building to rise up to 84 feet in height at 430 Main/429 Beale Street could be approved by San Francisco’s Planning Commission at the end of this month. While the site was previously approved for... Read More »

Waylaid Rincon Hill Development Slated for Approval, Again

Waylaid Rincon Hill Development Slated for Approval, Again

Approved for development back in 2009 but subsequently waylaid by a successful appeal to San Francisco’s Board of Supervisors, an appeal which was championed by neighbors in the adjacent building (Baycrest) concerned about a loss of light and views, not to mention values, for their condos and pool, the... Read More »

Another Tower in S.F. Sees Premature Deterioration, Files Suit

Another Tower in S.F. Sees Premature Deterioration, Files Suit

While not nearly as serious as the lawsuits related to the sinking Millennium Tower, a lawsuit seeking damages for the “premature and unreasonable deterioration” of the 55-story tower at 425 1st Street known as One Rincon Hill has been filed by the homeowners association in San Francisco’s Superior Court.... Read More »