Market Street Mortuary Redevelopment Is Officially Underway

Market Street Mortuary Redevelopment Is Officially Underway

In the works since the end of 2014, as we revealed at the time, the Prado Group formally broke ground on the redevelopment of the Sullivan’s Funeral Home site at 2238-2254 Market Street, on the border of Duboce Triangle and the Castro, this morning. The redevelopment, which should take... Read More »

$135 Million East Bay Estate Now Listed for Over $100 Million Less

$135 Million East Bay Estate Now Listed for Over $100 Million Less

According to the agent for the 22-acre “Fieldhaven” estate at 7 Country Oak Lane in Alamo, David Duffield, the co-founder of PeopleSoft and Workday, invested over $135 million in building out the property, a build-out which was completed in 2013 by a team of over 200 craftsmen over the... Read More »

Benchmark Mortgage Rate Holding at a 32-Month Low

Benchmark Mortgage Rate Holding at a 32-Month Low

The average rate for a 30-year mortgage has been holding at around 3.75 percent over the past two weeks, which is down 119 basis points (1.19 percentage points) since the fourth quarter of last year, down 78 basis points on a year-over-year basis and is effectively the lowest 30-year... Read More »

Lawsuit to Block Hotly Contested Navigation Center Has Been Filed

Lawsuit to Block Hotly Contested Navigation Center Has Been Filed

While San Francisco’s Board of Supervisors unanimously rejected an appeal of the approved, but hotly contested, plans for a temporary Navigation Center to be constructed on the Port’s current parking lot parcel known as Seawall Lot 330, across from Piers 30-32, at the end of last month, a group... Read More »

Pace of Home Sales in San Francisco is Still Down

While some segments are doing better and others worse, the overall pace of home sales is still down in San Francisco. In fact, recorded sales in the first half of the year will be lower on a year-over-year basis. And despite some reports to the contrary, sales in the... Read More »

Affordable Waterfront Development Has Broken Ground

Affordable Waterfront Development Has Broken Ground

Having identified the parking lot parcels fronting Front and Davis Streets, between Broadway and Vallejo, as “the greatest affordable housing development opportunity among the seawall lots in the northeastern waterfront,” the Port began drafting a solicitation for developers of the former Embarcadero Freeway site back... Read More »

Newly Proposed Development on the Rise in San Francisco

Newly Proposed Development on the Rise in San Francisco

Having dropped to a seven-year low in 2018, the number of newly proposed plans for major developments in San Francisco has been on the rise this year. In fact, plans for nearly 40 new major developments having been submitted to Planning since the beginning of the year, which is... Read More »

Opposed Development Redesigned, Slated for Approval (Again)

Opposed Development Redesigned, Slated for Approval (Again)

As we outlined back in April: While opposed by a number of neighborhood factions, two new buildings could rise up to 78 feet in height upon the Mission District parking lot parcels across from the Armory on 14th Street. As designed by BAR Architects for Manouch Moshayedi/MX3 Ventures, a... Read More »

Reports of Illegal Airbnb-ing Continue to Drop in San Francisco

Reports of Illegal Airbnb-ing Continue to Drop in San Francisco

The number of formal complaints related to illegal short-term rental activity in San Francisco has continued to drop, with around 130 complaints lodged in the first half of 2019, which is down nearly 30 percent versus the same time last year and 60 percent fewer than the roughly 320... Read More »

Deal(s) for Massive Flower Mart Redevelopment Inked

Deal(s) for Massive Flower Mart Redevelopment Inked

Tentative development deals between the San Francisco Flower Mart Tenants Association, Kilroy Realty and the City of San Francisco have been inked, clearing the way for the massive redevelopment of the existing San Francisco Flower Mart site along Brannan, between 5th and 6th Streets, to be approved by San... Read More »