Articles Filed Under: Breaking News

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Nurses Union Announces Opposition To Warriors’ Mission Bay Arena

Nurses Union Announces Opposition To Warriors’ Mission Bay Arena

Citing fears of gridlock traffic and a loss of parking for Mission Bay healthcare workers and their patients, the influential California Nurses Association has announced its opposition to the Golden State Warriors’ proposed arena across from UCSF’s new Medical Center at Mission Bay. While the Mission Bay Alliance has vowed an... Read More »

Developer Suddenly Selling A Pair Of ‘Unparalleled’ Opportunities

Developer Suddenly Selling A Pair Of ‘Unparalleled’ Opportunities

While Artthaus made headlines earlier this month for filing plans to construct a seven-story building with 131 Group Housing Units and shared kitchens at 1798 Bryant Street in the Mission, and another 36 Group Housing Units at 45 Dore in SoMa, it doesn’t appear that the developer actually plans... Read More »

Planning Balks At Proposed Height For Central SoMa Tower(s)

Planning Balks At Proposed Height For Central SoMa Tower(s)

San Francisco’s Planning Department has just finished its review of the preliminary plans for a 37-story tower to rise at 636 4th Street.  And it doesn’t support what has been proposed and rendered below. As proposed, the current K&L Wine Merchants building and adjacent Latte Express would be razed... Read More »

Frozen Valencia Street Development Cleared To Recommence, But…

Frozen Valencia Street Development Cleared To Recommence, But…

Frozen mid-construction by a Superior Court Judge who ruled that San Francisco’s Board of Appeals had abused its discretion and “failed to set forth the analytic route it traveled” when the Board reversed an earlier vote which would have limited the Mission District development at 1050 Valencia Street to... Read More »

Team Preparing To Break Ground For 400-Foot Transbay Tower

Team Preparing To Break Ground For 400-Foot Transbay Tower

Essex Property Trust and TMG Partners are preparing to break ground earlier than expected for the 400-foot tower to rise at the corner of Folsom and First on Transbay Block 9. As we first reported last year, while the winning proposal for the Block 9 development had included 563... Read More »

Fed Expected To Raise Interest Rates By The End Of The Year

With employment on the rise and an uptick in economic activity, the Fed appears to be on track for a half-point increase in interest rates by the end of the year with expectations of another full point being added in 2016. The increases should continue to drive mortgage rates, which... Read More »

Minimum Bid For 750-Foot Transbay Tower Site: $160M

Minimum Bid For 750-Foot Transbay Tower Site: $160M

The minimum bid for Transbay Parcel F, which is located mid-block between First, Second, Howard and Natoma Streets and zoned for building a tower up to 750-feet in height, has been set at $160 million and the live auction has been scheduled for 10am on September 2, 2015. The... Read More »

Opposition Organizing To Squash Two ‘Waterfront’ Towers

Opposition Organizing To Squash Two ‘Waterfront’ Towers

Opposition to the proposed twisty tower to rise up to 400-feet at the corner of Folsom and Spear, and the proposed 220-foot tower to rise at 75 Howard, is organizing. And next week, former San Francisco Mayor Art Agnos is slated to rally residents and neighbors of the Infinity... Read More »

Appeal Succeeds But Development Will Proceed As Proposed

Appeal Succeeds But Development Will Proceed As Proposed

The appeal to invalidate the Planning Commission’s exception to San Francisco’s Planning Code which was granted for the 420-unit development to rise at 150 Van Ness was technically a success. But rather than overturning the project’s approval and requiring a major redesign, as the appellants had sought, San Francisco’s... Read More »

30-Year Mortgage Rate Over 4 Percent For First Time In 2015

30-Year Mortgage Rate Over 4 Percent For First Time In 2015

As we expected last week with the underlying basis on the move, the average rate for a 30-year mortgage has continued to climb, crossing the four percent mark for the first time since November 2014 and hitting a new high for 2015. The average rate for a 30-year fixed-rate... Read More »

420-Unit Development At Risk

420-Unit Development At Risk

The Planning Commission’s approval of the proposed 420-unit building to rise up to 13-stories at 150 Van Ness, stretching from Van Ness to Polk along Hayes, was appealed and could be overturned. As designed by Solomon Cordwell Buenz for the Emerald Fund, the first two floors of the 150... Read More »

Ballot Measure Could Yield 30-Month Housing Moratorium

Ballot Measure Could Yield 30-Month Housing Moratorium

While the legislative push for a market-rate housing moratorium failed, the official summary for the proposed ballot measure to impose a Mission District Housing Moratorium has been filed with San Francisco’s Department of Elections. The proposed measure would impose an 18-month moratorium on the issuance of any building permits for... Read More »

The Giants’ New Mission Rock Tower(s) And Full Building Height Plan

The Giants’ New Mission Rock Tower(s) And Full Building Height Plan

With the San Francisco Giants having officially filed their paperwork for the ballot measure which would allow the team to redevelop AT&T Park’s Parking Lot A as ‘Mission Rock,’ a new 28-acre neighborhood with 1,500 apartments, 1.5 million square feet of commercial space and eight acres of parks, plazas and open... Read More »

New Numbers And Timing For The Massive Pier 70 Project

New Numbers And Timing For The Massive Pier 70 Project

Having secured voter approval for increased building heights across the core of the 28-acre site, the preparation of the Environmental Impact Report for Forest City’s Pier 70 project and an additional 7 acres along Illinois Street, adjacent to Irish Hill, is about to get underway. And depending upon whether... Read More »

Short-Term Rental Scofflaws Hit With $276,000 Fine

Short-Term Rental Scofflaws Hit With $276,000 Fine

Two landlords who employed the Ellis Act to evict tenants from the rent-controlled units and then marketed the apartments as short-term rentals on Airbnb, Homeway and VRBO have been hit with $276,000 in penalties and fees to settle a lawsuit brought by San Francisco City Attorney Dennis Herrera last year.... Read More »