Detailed Plans for the Future of Pier 70’s Shoreline, Parks and More

Detailed Plans for the Future of Pier 70’s Shoreline, Parks and More

With the complete redevelopment of San Francisco’s Pier 70 having been formally approved in October, and the ground for the 28-acre project slated to broken early this year, the detailed plans for over 6 acres of parks and open spaces along Pier 70’s shoreline will be presented to the... Read More »

Refined Plans for High-End SRO Units to Rise in Western SoMa

Refined Plans for High-End SRO Units to Rise in Western SoMa

In order to take advantage of less restrictive Planning Code rules with respect to the required dwelling unit mix, rear yard and mandated open space for a new development in San Francisco, the project team behind the proposed six-story building to rise upon the Reliable Parts store parcel at... Read More »

Reduced Sale Prices at the San Francisco Shipyard

Reduced Sale Prices at the San Francisco Shipyard

The brand new three-bedroom unit #215 at 555 Innes Avenue, one of the 159 units within the second wave of development at the San Francisco Shipyard, was priced at $910,500, or roughly $728 per square foot, back in June of 2016. And having been reduced to $875,000 at the... Read More »

Mortgage Rates Inch Up, 30-Year within a Basis Point of 4-Year High

Mortgage Rates Inch Up, 30-Year within a Basis Point of 4-Year High

Having jumped 45 basis points since the beginning of the year, the average rate for a benchmark 30-year mortgage inched up another 2 basis points over the past week to 4.40 percent, which is 24 basis points higher on a year-over-year basis and within 1 basis points of a... Read More »

Remodeled Lion Pub Building Back on the Market for $2.6M More

Remodeled Lion Pub Building Back on the Market for $2.6M More

Purchased for $3.4 million in the first quarter of last year, the former Lion Pub building on the southeast corner of Divisadero and Sacramento has been completely remodeled, with high-end appliances and finishes across its top two floors – which are now configured as a single four-bedroom unit versus... Read More »

Conversion of Mid-Market Retail Space Calendared for Next Month

Conversion of Mid-Market Retail Space Calendared for Next Month

Completed a year ago next month and dubbed “6×6 San Francisco” by the marketing team, the new 350,000-square-foot retail center at 945 Market Street has sat empty ever since, not including the center’s 173-car garage which is operational. Arguing that the marketing team’s inability to secure any retail tenants... Read More »

State Drops Legal Challenge of SF’s Waterfront Height Limit Measure

State Drops Legal Challenge of SF’s Waterfront Height Limit Measure

The State of California has agreed to drop its legal challenge of San Francisco’s Proposition B, the voter-approved “No Wall on the Waterfront” measure which maintains existing height limits for waterfront property under the control of the Port of San Francisco unless a specific up-zoning is approved by the... Read More »

Existing Home Sales in the U.S. Start 2018 Down

Having dropped 3.6 percent this past December, the pace of existing-home sales in the U.S. dropped another 3.2 percent in January to a seasonally adjusted annual rate of 5.38 million transactions, which is 4.8 percent lower on a year-over-year basis and the largest year-over-year decline since the third quarter... Read More »

Modern SRO Units in the Mission Closer to Reality Sans Toilet Sinks

Modern SRO Units in the Mission Closer to Reality Sans Toilet Sinks

Plans to redevelop the used car lot on the northwest corner of South Van Ness Avenue and 15th Street have been refined and are now closer to reality in the Mission. As we first reported back in 2016, the proposed development could rise up to eight (8) stories in... Read More »

The Story Behind This Freestanding Façade Part Two

The Story Behind This Freestanding Façade Part Two

Having been approved and permitted for a remodel and expansion, the 2,700-square-foot Noe Valley home at 655 Alvarado Street was effectively demolished behind the remnants of its original facade, as we first detailed last year and newly pictured below. And while having been hit with a number of violations following... Read More »