Zoned for development up to 320 feet in height, Goodwill Industries is preparing to sell its two and three story buildings along Mission Street between South Van Ness Avenue and 11th Street.
The 2.3 acre parcel upon which Goodwill’s San Francisco headquarters and prominent corner store sit could accommodate the development up to 600 housing units according to the Business Times.
The site which had been in contract to be sold to developer David Choo in 2007 prior to the market crash in San Francisco is expected to hit the market in early 2014.
Having outgrown the current buildings on the block and expected to reap up to $60 million on the Mission Street sale, Goodwill plans to “seek alternate site(s) for all of its current Mission Street functions, ideally within the city of San Francisco.”
UPDATE: While the Van Ness and Market Downtown Residential Special Use District in which Goodwill’s property sits allows for heights of up to 400 feet at the corners of Market and Van Ness, the parcels above are currently zoned for development up to 320 feet mid-block along South Van Ness and 11th Street, with the corner of South Van Ness and Mission currently zoned for up to 250 feet in height and the majority of the Mission Street frontage zoned for no more than 85 feet.