As we first reported last month, the owners of 645 Valencia Street which is currently leased to the Elbo Room have filed preliminary plans to raze the Mission district building and construct a five-story condominium development in its place.
While some felt our initial report overstated the seriousness of the plans and owners’ intentions, our report was actually understated. As we outlined the following week:
A detailed set of architectural plans has been drafted for the project and the building’s owners have authorized the architects to act as their agents in submitting applications for environmental reviews, a historic resource evaluation, variances and Conditional Use. That’s every step required to get the project formally approved.
In fact, a month after the Planning Department provided their feedback on the preliminary plans, the application fee for which was nearly $5,000 alone, a follow-up meeting was scheduled between the Planning Department and architects to discuss next steps and plans for submitting the Environmental Evaluation and Historic Resource report for the project to move forward.
While it has yet to be assigned within the Planning Department, the application for Environmental Evaluation has been submitted for the development, a geotechnical report has been completed for the site, and a Historic Resource Evaluation form has been signed with planning for a full Historic Resource Evaluation Report underway.
Once again, while it’s possible that the building’s owners will abandon their plans at any stage, the extent of work, forward progress and expense to date would suggest that this is more than simply an exploratory exercise, as some have suggested and (been) played.