Articles Filed Under: Breaking News

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Big Plans for Shuttered Lucky Penny Site Have Been Supersized

Big Plans for Shuttered Lucky Penny Site Have Been Supersized

As we first reported a few months ago, while the shuttered Lucky Penny site at 2670 Geary Boulevard is only zoned for moderate density and building up to 80 feet in height, the compliant plans for a seven-story building to rise on the site, with 21 apartments over three... Read More »

Historic Market Street Bar and Plans for Development in Play

Historic Market Street Bar and Plans for Development in Play

With plans to level the historic Lucky 13 bar and develop a new five-story building upon its 2140 Market Street parcel having been approved, and the demolition and building permits for the project in the works, the Market Street site and newly rendered plans are officially on the market... Read More »

Supervisors Overturn Approval of Lower Nob Hill Hotel

Supervisors Overturn Approval of Lower Nob Hill Hotel

While approved by San Francisco’s Planning Commission last month, San Francisco’s Board of Supervisors has sided with a public appeal of the project and unanimously voted to overturn the required conditional use authorization for the proposed 6-story, 30-room hotel to rise over 50 feet in height upon the vacant... Read More »

SF Employment Dropped in First Half of 2017, First Time since 2009

SF Employment Dropped in First Half of 2017, First Time since 2009

With no growth in the number of people living in San Francisco with a job last month (542,100), despite an increase in the labor force by 2,800 to 559,800, the unemployment rate in San Francisco ticked up from 2.7 to 3.2 percent in June. And for the first time... Read More »

Electrifying Caltrain News: Project Underway

Electrifying Caltrain News: Project Underway

The Caltrain electrification project officially broke ground in Millbrae this morning. Originally expected to cost $1.5 billion and be operational in 2019, the budget to electrify Caltrain has been upwardly revised to $1.98 billion, including a $316 million contingency fund, and the likely date that the first electric train... Read More »

Pricing Index for New Condos in San Francisco Hits a 3-Year Low

Pricing Index for New Condos in San Francisco Hits a 3-Year Low

While sales activity for new condos in San Francisco dropped 27 percent from May to June with the start of a typical summer slowdown in play, the number of purchase contracts signed last month (53) was 66 percent higher on a year-over-year basis, according to sales data from The... Read More »

Developer Spikes Plans for Massive Inner Sunset Project

Developer Spikes Plans for Massive Inner Sunset Project

While the development team had been planning to break ground on the massive 445-unit Kirkham Heights project next year and the Environmental Review for what would have been the largest development in the history of the Inner Sunset was underway, Westlake Urban has formally withdrawn its application to move... Read More »

Salesforce Secures Rights to Transbay Transit Center and Park

Salesforce Secures Rights to Transbay Transit Center and Park

Having already secured the naming rights to the tallest tower in San Francisco, Salesforce is on the verge of securing the naming rights to the adjacent Transbay Transit Center, Grand Hall, rooftop park, playground and amphitheater. While the 25-year, $110 million deal doesn’t exclude other companies from sponsoring events... Read More »

Fire Consumes Major Development near Oakland’s Auto Row

Fire Consumes Major Development near Oakland’s Auto Row

A fire has consumed Wood Partners’ 193-unit development under construction at 2302 Valdez Street, one of the largest projects in the works or anticipated to rise within Oakland’s Broadway Valdez District and along the city’s burgeoning Auto Row. In addition to the 193 market-rate units, which were to average... Read More »

Plans for 520-Foot Tower at Van Ness and Market Have Been Drawn

Plans for 520-Foot Tower at Van Ness and Market Have Been Drawn

Lendlease Development has drafted their preliminary plans for a 520-foot-tall tower to rise at 30 Van Ness Avenue. And while previous plans for the Hub District parcel had envisioned razing the City’s existing five-story building on the site and starting from scratch, Lendlease is proposing to add two stories... Read More »