August 20, 2012
A Step Forward For 300 Units (And Retail) At Tennessee And Third
The early paperwork has been filed to raze the existing structure, fuel station and surface area parking lot stretching from 1201-1225 Tennessee to 2650-2690 Third Streets and construct a six-story mixed-use building with 300 dwelling units over 255 parking spaces and up to 5,500 square feet of retail on the site.
According to a plugged-in source, the development has taken a step forward as AGI Capital has since gone non-refundable on their contract to purchase the site.
∙ Third Street Scoop: Three Hundred New Units In The Works [SocketSite]
First Published: August 20, 2012 9:30 AM
Comments from "Plugged In" Readers
Finally after years of real estate stagnation (depression) there are signs of development again in SF. I think the Dogpatch/Potrero Hill area stands to benefit from this movement as there is still plenty of land for growth; unlike most of SF. Nonetheless, good news.
Hope this doesn't affect 3rd Street Boxing which is right next door. I love that place!!!
There is also an interesting article on development in that nabe (DP/PH) from Potrero View.
Posted by: PH Resident at August 20, 2012 2:22 PM
You know an area has been gentrified when new condos are springing up mere 25 feet from a Hell Angel's clubhouse.
Posted by: Mas at August 20, 2012 2:29 PM