Articles Filed Under: Breaking News

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State Sues To Overturn SF’s Waterfront Height Limit Act

State Sues To Overturn SF’s Waterfront Height Limit Act

The State of California has filed suit against The City of San Francisco, seeking to block enforcement of Proposition B and invalidate the highly contested Waterfront Height Limit Right to Vote Act which was approved by voters last month. Championed by the California State Lands Commission, the lawsuit was filed in San Francisco Superior Court Read More »

State Bar Seeking To Cash Out In San Francisco

State Bar Seeking To Cash Out In San Francisco

According to a plugged-in tipster, the State Bar of California is planning put their 13-story building at 180 Howard Street on the market.  While the building will be offered without a price, apparently the State Bar has been counseled to expect bids well north of $100 million for the 200,000 square foot building. Any sale Read More »

Oakland A’s Lease Extended To 2024 Amid Threat Of Move

Oakland A’s Lease Extended To 2024 Amid Threat Of Move

The Oakland-Alameda County Coliseum Authority has approved a ten-year lease extension for the Oakland Athletics which should keep the A’s playing at the Coliseum until 2024 or within Oakland if the team does make a move. The deal, which still needs to be approved by the Oakland City Council and Alameda County supervisors, will allow the A’s Read More »

Transbay Transit Center $300M Over Budget, Rooftop Park Waylaid

Transbay Transit Center $300M Over Budget, Rooftop Park Waylaid

Overruns have added $300 million to the cost of constructing San Francisco’s $1.9 billion Transbay Transit Center, and unless the City can raise $24 million in private donations and grants, the project will open without its signature rooftop park as budgeted dollars are diverted to complete the terminal. According to J.K. Dineen and Transbay Joint Powers Authority Read More »

San Francisco Loses Lucas Bid, Museum Headed To Chicago

San Francisco has lost its bid for the Lucas Cultural Arts Museum and Chicago’s lakefront location just south of Soldier Field “is a lock,” as first reported by the Chicago Sun-Times and since confirmed by the Chicago Tribune. “Choosing Chicago is the right decision for the museum, but a difficult decision for me personally because of my strong Read More »

Top Tier San Francisco Home And Condo Values Hit All-Time High

Top Tier San Francisco Home And Condo Values Hit All-Time High

Single-family home values within the San Francisco MSA are 18.2 percent higher on a year-over-year basis and the index for the top-tier of San Francisco homes has hit an all-time high, according to the S&P/Case-Shiller Home Price Index. That being said, while all three tiers of the market advanced and the overall San Francisco Index increased Read More »

Development Team Snags Former Freeway Parcel T In Hayes Valley

Development Team Snags Former Freeway Parcel T In Hayes Valley

Former Central Freeway Parcel T, the current 5,500 square foot parking lot which fronts Octavia Boulevard between Page and Rose, has been awarded to a development team. Zoned for development up to 50 feet in height, the City has selected Linden Partners, a joint venture of DDG and DM Development – the development team behind 8 Read More »

Bill To Freeze Ellis Act Evictions Rejected By Housing Committee

Senator Mark Leno’s proposed bill to curb speculative Ellis Act evictions in San Francisco has been rejected by the State Assembly’s Housing and Community Development Committee by a vote of 3 to 4. Drafted “to ensure that real estate speculators in San Francisco do not buy rent-controlled property and empty it of long-term tenants,” Senate Read More »

San Francisco On Short List To Bid For 2024 Olympic Games

We might not being hosting the next America’s Cup, but San Francisco remains in the running to host the 2024 Summer Olympics. Or rather, San Francisco remains on the United States Olympic Committee’s short list of four cities from which the Committee will pick the U.S. contender for the games, if one is selected at all. The Read More »

San Francisco Cut From America’s Cup Shortlist

An email to Mayor Ed Lee last night has confirmed the BBC’s original report that San Francisco will not be hosting the 35th America’s Cup in 2017.  Chicago, San Diego, and Bermuda remain in contention the host the race. San Francisco could still host an America’s Cup World Series warm-up regatta and the possibility of San Read More »

Hibernia Bank Renovation Is Rolling, Will It Be Rocking As Well?

Hibernia Bank Renovation Is Rolling, Will It Be Rocking As Well?

The permits to renovate and restore the iconic Hibernia Bank building at 1 Jones Street have been issued and the scaffolding is finally starting to rise.  And a new Mid-Market “club” could be on the way. The planned exterior work to the building includes the enlargement of three window openings to create new exit doors along Read More »

Proposition B To Limit Building Heights Passes: 59% Yes / 41% No

Proposition B To Limit Building Heights Passes: 59% Yes / 41% No

With 100 percent of precincts having reported, San Francisco Proposition B which will require voter approval for any increase in the existing height limits for property currently under control of the Port of San Francisco has passed with 59.4% of ballots marked YES versus 40.6% marked NO. Local Measure A which will allow the City to issue Read More »

Index For Bay Area Luxury Home Values Hits A Record High

Index For Bay Area Luxury Home Values Hits A Record High

The First Republic Prestige Home Index for values of “San Francisco” homes worth more than $1.0 million and currently averaging $3.18 million jumped 3.4 percent in the first quarter of 2014 and is 12.5 percent higher on a year-over-year basis, the greatest year-over-year gain since the fourth quarter of 2005. Having gained 27.5 percent from Read More »

Ballot Measure To INCREASE Height Limits For Pier 70 Project

Ballot Measure To INCREASE Height Limits For Pier 70 Project

In a preemptive move designed to counter the likely passage of Proposition B (the Waterfront Height Limit Right to Vote Act), a ballot measure to increase the existing building height limits on the Port property at Pier 70 from 40 feet to 90 feet has been filed with San Francisco’s Department of Elections and proposed for the Read More »

Bay Area Is The Fastest Growing Region In California

Having grown by an estimated 16,962 residents last year, the population of San Jose is now over the one million mark (1,000,536) while the population of San Francisco has grown to 836,620, an increase of 10,617 residents in 2013, according to California’s Department of Finance. At the same time, a total of 1,960 net new Read More »