Articles Recently Tagged: Transbay District

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The Draft Plans and New Timing for Temporary Terminal Site

The Draft Plans and New Timing for Temporary Terminal Site

The draft plans for the redevelopment of the southern third of the shuttered Temporary Terminal Site, a nearly 43,000-square-foot block bounded by a future extension of Clementina Street to the north, Main Street to the east, Folsom Street to the south, and Beale Street to the west, have been... Read More »

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 »

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 »

Luxury One-Bedroom Drops $200K Since Mid-2019

Luxury One-Bedroom Drops $200K Since Mid-2019

Purchased for $1.225 million in May of last year, near the height of the industry-driven “wave of millionaires” misreports, the garden view unit #4C in the Lumina mid-rise at 333 Beale Street returned to the market priced at $1.268 million this past January. The 916-sqaure-foot, one-bedroom unit is outfitted... Read More »

Refined Timing and RFP to Activate SF’s Temporary Terminal Site

Refined Timing and RFP to Activate SF’s Temporary Terminal Site

With the waylaid redevelopment of San Francisco’s shuttered Temporary Terminal site not expected to break ground until sometime in 2022 (at the earliest), and construction on the southern third of the site and development of a new mid-block Transbay Park on the middle third of the site not expected... Read More »

Luxury One-Bedroom Marked to Market, Down Over $200K

Luxury One-Bedroom Marked to Market, Down Over $200K

Listed for $1.15 million three months ago, the sale of the 851-square-foot, one-bedroom unit #16H on the 16th floor of the Lumina tower at 201 Folsom Street, which features “panoramic views,” wide plank hardwood floors, Siematic cabinetry, Gaggenau & Bosch appliances, custom closets, and a parking space in the... Read More »

Another Luxury Two-Bedroom Slips Below Its 2016 Price

Another Luxury Two-Bedroom Slips Below Its 2016 Price

Purchased for $1,697,171 in July of 2016, the 1,401-square-foot, two-bedroom unit #6G in the Lumina tower at 201 Folsom Street, with “an ideal floor plan,” “great light,” a private balcony, and two full baths, returned to the market priced at $1,975,000 in September of last year. Reduced to $1,925,000... Read More »

A Luxe Two-Bedroom with Views Trades for $232K Less

A Luxe Two-Bedroom with Views Trades for $232K Less

Purchased for $2,132,111 in December of 2017, the “luxe” two-bedroom, two-bath unit #25A in the Lumina tower at 201 Folsom Street, with “wrap-around floor-to-ceiling windows” and “awe-inspiring panoramic views,” returned to the market priced $2.5 million in August of 2018. Re-listed for $2,488,000 early last year, around the time... Read More »

Parking Lot Slated for Extension as Tower Entitlements Expire

Parking Lot Slated for Extension as Tower Entitlements Expire

Having been approved back in 2016 but yet to break ground, the entitlements for a skinny 495-foot-tall tower to rise at 524 Howard Street, a development which could yield up to 334 condos, or 72 condos over a 273-room hotel, “depending upon market conditions,” were quietly sold, along with... Read More »

Plan to Save the Sinking Millennium Tower Approved

Plan to Save the Sinking Millennium Tower Approved

The refined plan to permanently stabilize and potentially right the sinking Millennium Tower, by adding a series of 52 new cast-in-place reinforced concrete piles around the tower’s perimeter, has been approved and permits should soon be issued. As we outlined last year, the project will take an estimated 22... Read More »