Stunning New Renderings And Context For SoMa Mega-Project

Stunning New Renderings And Context For SoMa Mega-Project

A copy of the 5M Project presentation which Forest City prepared for San Francisco’s Planning Commission includes a number of stunning new renderings for the proposed development and a fantastic overview of the mega-project’s architecture, design and context, including the heights of the buildings as designed relative to a number... Read More »

City’s Plan For $327M Mid-Market Building Approved

City’s Plan For $327M Mid-Market Building Approved

San Francisco’s Board of Supervisors has approved the City’s plan to spend an anticipated $326,690,953 to buy the land and build a 463,000 square-foot Mid-Market office building rising up to 258-feet in height along 11th Street, between Mission and Market, on the eastern half of the Goodwill site at the intersection of Mission and South Van Ness Read More »

Plans For Seven Stories And 1:1 Parking In The Mission

Plans For Seven Stories And 1:1 Parking In The Mission

Plans to raze the two one-story auto repair buildings on the southeast corner of 16th and Florida Streets have been submitted to Planning.  And as proposed, a seven-story development would rise up to 68 feet on the corner, with 53 new Mission District condos over parking for 53 cars. While San Francisco’s Planning Code principally Read More »

New U.S. Home Sales Tick Up, Nominally Higher YOY

New U.S. Home Sales Tick Up, Nominally Higher YOY

The seasonally adjusted annual pace of new single-family home sales in the U.S. ticked up a nominal 0.7 percent in October to a rate of 458,000 sales as the September pace was downwardly revised from 467,000 to 455,000. And while running at a pace which is only 1.8 percent higher than at the same time Read More »

Pending U.S. Home Sales Slip In October

Having inched up a nominal 0.3 percent in September, the National Association of Realtors Pending Home Sales Index slipped 1.1 percent in October but is running 2.2 percent higher on a year-over-year basis, versus 1.0 percent higher in September which was the first recorded year-over-year gain in eleven months. The Pending Home Sales index for Read More »

Franklin And Page Development Plan Dusted Off, Parking Nixed

Franklin And Page Development Plan Dusted Off, Parking Nixed

Originally approved for development in 2010 but never having broken ground, the variance needed for the proposed 8-story development to rise as designed on the current parking lot parcel at 1 Franklin Street has since expired but the plans have been dusted off and the developer, JS Sullivan, will likely be granted a new variance next Read More »

Development Could Transform Oakland’s Pill Hill And Auto Row

Development Could Transform Oakland’s Pill Hill And Auto Row

Plans to demolish the majority of the Oakland Auto Center at 3093 Broadway and build a seven-story development across the 3.5 acre Auto Row parcel have been filed with the city and could result in over 400 residential units and 24,000 square feet of ground-floor retail space rising on the site. As proposed, the existing Read More »

San Francisco Home Values Slip While Condos Values Rise

San Francisco Home Values Slip While Condos Values Rise

Single-family home values within the San Francisco MSA slipped another 0.2 percent from August to September but remain 7.9 percent higher than at the same time last year, according to the latest S&P Case-Shiller Home Price Index. While the aggregate index for San Francisco home values has gained 65 percent since early 2009 it remains Read More »

Re-imagined Pac Heights Home Fetches Nearly $2K Per Foot

Re-imagined Pac Heights Home Fetches Nearly $2K Per Foot

Built in 1929 and recently “re-imagined to seamlessly blend its classic architectural presence with the amenities and conveniences of a modern and contemporary lifestyle,” a re-imagining that added over 2,000 square feet of living space to the Pacific Heights home, 2040 Jackson Street hit the market two months ago listed for $15 million having been Read More »

Bay Area Luxury Home Values Hit All-Time High

Bay Area Luxury Home Values Hit All-Time High

First Republic’s “Prestige Index” for the values of San Francisco Bay Area homes worth at least $1.0 million and currently averaging $3.45 million rose 3.8 percent from the second to third quarter of 2014 and is 14.3 percent higher on a year-over-year basis. Having gained 38.4 percent from the current cycle bottom in the first Read More »

Getty Mansion Price Slashed $1.5 Million

Getty Mansion Price Slashed $1.5 Million

William and Vanessa Getty have just cut the list price for their Pacific Heights mansion at 2900 Vallejo Street by $1.5 million and are now asking $14.5 million for the 8,675 square-foot pad which they purchased for $11.5 million in 2002.  The property has officially been on the market for six months. Originally designed by Read More »

Warriors Arena Redesigned, Enough To Quell Toilet Snark?

Warriors Arena Redesigned, Enough To Quell Toilet Snark?

It hasn’t yet been officially released nor distributed, but the conceptual design for the Golden State Warriors proposed arena to rise in Mission Bay has been revised, perhaps in part to flush the snarky commentary the earlier plan evoked. The most noticeable change to the design, as newly outlined above, is along the northeast corner of Read More »

550-Foot Block 5 Tower And Terraces In Context

550-Foot Block 5 Tower And Terraces In Context

As we first revealed last week, the designs for the proposed 550-foot office tower to rise on the northeast corner of Howard and Beale, also known as Transbay Block 5, have been revised and now include a series of large terraces on both the northwest and southeast corners of the building. And we now have Read More »

San Francisco Continues Record Employment Run

San Francisco Continues Record Employment Run

Employment in San Francisco has hit another all-time high as the number of city residents with paychecks increased by 4,300 in October and now totals 481,900 with an unemployment rate of 4.3 percent, the lowest unemployment rate since 2008. That’s 25,500 more residents employed in San Francisco than at the same time last year.  And that’s Read More »

Three Months Later And Flipped For $2.3 Million More

Three Months Later And Flipped For $2.3 Million More

Purchased as a three-unit building for $2.6 million three months ago and quickly remodeled as a “lavish” single-family home with gold fixtures, marble countertops and a La Cornue range in the kitchen; an outdoor living room complete with a television mounted over the new gas fireplace out back; and an “opulent” master bath with a Read More »