May 24, 2012

2001 Market Street: Let’s Get Ready To Rubble And Build!

2001 Market Street Site: 5/24/12 (www.SocketSite.com

Demolition and excavation permits have been granted, as a plugged-in tipster reports, a construction fence now surrounds the former S&C Ford dealership at Market and Dolores, and the Prado Group has started clearing the way for 2001 Market Street to rise.

2001 Market Street Rendering

Once again, an eight story building along Market Street (stepping down to four stories at 14th Street) with 82 residential units over a 31,000 square foot Whole Foods and 101 parking spaces will rise on the site over the next 19 months if all goes as planned.

2001 Market Street Demo (www.SocketSite.com)

UPDATE: Speaking of going as planned, from the comments:

There have been rumors floating around that Whole Foods has pulled out of this project, having decided that building new stores is not cost-effective when compared to rehabilitating existing buildings. Their withdrawal would endanger the entire project. Anyone plugged-in to be able to confirm or deny that?

At this point, that's a rumor we can neither confirm nor deny. Readers?

UPDATE: Consider the rumor busted. From the Prado Group: "...Whole Foods is happening. Look forward to the store opening in fall 2013." Pass it along.

2001 Market Street Development (AKA Whole Foods Castro) Approved [SocketSite]
2001 Market Street Prepares To Meet The Planning Commission [SocketSite]
Drawings And Details For The Proposed Development Of 2001 Market [SocketSite]

First Published: May 24, 2012 10:00 AM

Comments from "Plugged In" Readers

Much needed addition to a dead corner of Market. Cant wait!

Posted by: wc1 at May 24, 2012 10:36 AM

Woohoo!!

Posted by: sf at May 24, 2012 10:41 AM

Walking distance to Whole Foods in 2014! Awesome.

Posted by: Michael at May 24, 2012 10:57 AM

There have been rumors floating around that Whole Foods has pulled out of this project, having decided that building new stores is not cost-effective when compared to rehabilitating existing buildings. Their withdrawal would endanger the entire project. Anyone plugged-in to be able to confirm or deny that?

Posted by: Wondering at May 24, 2012 11:07 AM

It wouldn't bother me one bit to lose the Whole Foods store to gain a Traders Joe's.

I would think Trader Joe's would find this to be a great location, with lots of neighborhood support.

Posted by: Jackson at May 24, 2012 11:32 AM

@Wondering - Whole Foods isn't building this store, they're simply leasing the space. Are you saying that Whole Foods prefers to buy old buildings rather than lease in new? Lease in old rather than lease in new? Not sure what you mean here.

Posted by: anon at May 24, 2012 11:40 AM

Even better- an independent grocer (a la Rainbow) that cares about local organic produce at a reasonable price (too much to ask?)

Posted by: sf at May 24, 2012 11:41 AM

^ @SF - too much to ask. Aside from Rainbow (who obviously already have a store nearby), can you think of a local organic grocer that could use 30,000 square feet? Nope, didn't think so.

Whole Foods is an obvious user. I don't know if the 31K space is selling space or total space, but TJ's aren't that big (average 8-12K, as do Frsh n Easy for that matter) I suppose the space could be subdivided if Whole Foods pulled out, but I'm hoping they don't.

Posted by: curmudgeon at May 24, 2012 11:54 AM

This is going to be PRIMO real estate. Whoever pulls out of this is a narrow minded fool.

Posted by: sf at May 24, 2012 11:57 AM

Posted by: Gellan at May 24, 2012 12:04 PM

market street is getting very exciting. You can trace a chain of development sites that are currently or soon to be under construction, from the "hole in the ground" at Market and Noe all the way down to 10th and Market. Quite a Renaissance.

Posted by: curmudgeon at May 24, 2012 12:19 PM

@Wondering and @SocketSite. This is the first I've heard of such a silly rumor, but let me just put it to rest, Whole Foods is happening. Look forward to the store opening in fall 2013. And @anon is correct. Whole Foods isn't building the store, we are!

[Editor’s Note: Cheers!]

Posted by: Prado at May 24, 2012 12:36 PM

Can't wait to see this great project completed! lots of new housing, great location and a Whole Foods!!

Posted by: futurist at May 24, 2012 1:24 PM

The rumor never made sense... WF isn't building the building. They are probably leasing and most likely get some build out monies from the developer.

Posted by: Marc at May 24, 2012 1:49 PM

Whole Foods employees are all queuing (queueing?) to go there so assume the lease is already signed.

Posted by: NIMBY at May 24, 2012 2:10 PM

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