Articles Filed Under: Bay Buildings

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Bigger Plans to Transform This Tenderloin Block and Local Icon

Bigger Plans to Transform This Tenderloin Block and Local Icon

The Fifth Church of Christ, Scientist has been working on plans to redevelop the Tenderloin parcel upon which their 27,000-square-foot church sits, as we first reported back in 2013. As originally envisioned, the existing church and boarded-up storefronts at 450-474 O’Farrell Street were to be completely razed and a... Read More »

A Masterful $2 Million Price Cut for Kirk Hammett’s Sea Cliff Home(s)

A Masterful $2 Million Price Cut for Kirk Hammett’s Sea Cliff Home(s)

Having been correctly fingered as Kirk Hammett’s 4,200-square-foot Sea Cliff home by a number of plugged-in reader’s last year, the asking price for 308 Sea Cliff Avenue has just been reduced from $16 million to $14 million in One fell swoop. And the asking price for the adjacent 5,200-square-foot... Read More »

Plans for More Density While Maintaining History in Western SoMa

Plans for More Density While Maintaining History in Western SoMa

Built in 1929, the three-story industrial building at 351-353 9th Street has been identified as a potential historic resource for the Western SOMA Light Industrial and Residential Historic District. But that doesn’t mean it can’t be redeveloped. And in fact, plans have been drawn. As proposed, the building’s foundation... Read More »

Timing for a Transformative Market Street Project and New Park

Timing for a Transformative Market Street Project and New Park

With the preparation of the required Environmental Impact Report (EIR) for the proposed 584-unit development to rise up to ten stories in height across the Market Street parcels upon which the Civic Center Hotel (1601 Market), Local 38 Plumbers and Pipefitters Union Hall (1621 Market), and two-story retail building... Read More »

Mission District Parcel Ravaged by Fire in Play

Mission District Parcel Ravaged by Fire in Play

Purchased for $4 million back in 1990, the former three-story apartment building with 47 units at 2578-2598 Mission and 22nd Streets was ravaged by a fire which killed one person and left over 60 people homeless in early 2015. Leveled last year and its borders since fenced, the half-acre... Read More »

Grand Plans to Redevelop Historic Art Deco Garage Delayed

Grand Plans to Redevelop Historic Art Deco Garage Delayed

While plans for a six-story hotel to rise behind the historic Art Deco façade of the Central SoMa structure at 224 Townsend Street were drafted and formally proposed last year, the owner of the building is now seeking permission to permanently continue its operation as a parking garage, the... Read More »

Mission District Development Take Three: The Albion on 16th

Mission District Development Take Three: The Albion on 16th

Having already abandoned their plans to level the two-story Superior Automotive shop building on the northeast corner of 16th and Albion, a building for which they paid a record-setting $8.7 million back in 2013, Mx3 Ventures is now abandoning their downsized plans for the historic building which called for... Read More »

An Opportunity to Capitalize on a Bernal Heights Blaze

An Opportunity to Capitalize on a Bernal Heights Blaze

The fire that consumed the former Cole Hardware at 3312 Mission Street and badly damaged the adjacent buildings – including the Graywood Hotel at 3308 Mission, a single-room-occupancy (SRO) hotel with 28 rooms – left 58 people homeless and the 3300 Club on the corner out of business. While... Read More »

A Case Study in Mission District Development versus Displacement

A Case Study in Mission District Development versus Displacement

With the controversial plan for preserving San Francisco’s Mission District one step closer to adoption, a real world example of development versus potential displacement, and existing rent-controlled versus new market-rate housing, is slated to play out in front of the City’s Planning Commission this week. As proposed, the four-unit... Read More »

Potrero Hill Penthouse Now Listed at a Loss

Potrero Hill Penthouse Now Listed at a Loss

Purchased for $1,635,000 in May of 2014, the two-bedroom Onyx penthouse unit #406 at 415 De Haro Street, in the flats of Potrero Hill, returned to the market listed for $1,735,888 this past September, a sale at which would have represented total appreciation of 6.2 percent for the well-finished... Read More »