Articles Filed Under: Industry Stuff

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Challenge of Elbo Room Redevelopment Slated to Fail

Challenge of Elbo Room Redevelopment Slated to Fail

The building permits for the proposed three-story addition and residential conversion of the two-story Elbo Room building at 645-647 Valencia Street have been requested and triaged. And the formal challenge filed by the owners of the 3-unit building behind the bar who were seeking to force a major redesign... Read More »

Pricing for New Condos in S.F. Slips along with Sales and Inventory

Pricing for New Condos in S.F. Slips along with Sales and Inventory

While sales activity for new condos in San Francisco doubled from April to May with seasonality in play, versus tripling from April to May last year, the number of purchase contracts signed last month (73) was 36 percent lower on a year-over-year basis, according to sales data from The... Read More »

Plans for Redeveloping Balboa Reservoir Site Revealed

Plans for Redeveloping Balboa Reservoir Site Revealed

The final three plans for redeveloping the western 17 acres of the Balboa Reservoir site, which is currently a 1,000-space parking lot under the jurisdiction of the San Francisco Public Utilities Commission, have been revealed and could yield over 1,200 units of housing; parking for up to 1,260 cars;... Read More »

Eviction Law Amendments Could Hold Landlords More Accountable

San Francisco’s Rent Stabilization and Arbitration Ordinance allows landlords of rent-controlled units to legally evict their tenants without cause, if said eviction is intended to allow the landlord or landlord’s family to occupy the apartment as their principal place of residence. Under the terms of an Owner Move-In (“OMI”)... Read More »

Plans for Boutique Union Square Hotel Back in Play

Plans for Boutique Union Square Hotel Back in Play

Originally approved for development in 2001 but then waylaid by the dotcom collapse, followed by a decline in tourism after 9/11, and then by “the collapse of the housing market and overall poor economic conditions” in San Francisco following the Great Recession, Highgate Hotels was positioning to finally break... Read More »

Downsized Development Slated for Approval

Downsized Development Slated for Approval

Approved for a 10-story building with 32 condos over a ground floor commercial space and a 26-car garage to rise up 115 feet in height on the Polk Gulch site back in 2014, the 1433 Bush Street project was redesigned and re-approved to include 47 condos over two commercial... Read More »

Coworking Space Could Be Shut Down, Others at Risk

Coworking Space Could Be Shut Down, Others at Risk

Five years ago, the owners 414 Brannan Street sought permission to change the permitted use of the industrial building, which had once been home to an electrical contractor, to general office space. Informed by the City that the ongoing use of the building as office space for a contractor... Read More »

New Condo Sales and Pricing Drop in San Francisco

New Condo Sales and Pricing Drop in San Francisco

While sales activity for new condos in San Francisco has typically ticked up from March to April, the number of purchase contracts signed last month (35) was 62 percent lower than the month before and 17 percent lower versus the same time last year. At the same time, the... Read More »

Another Oakland Development Is Redesigned

Another Oakland Development Is Redesigned

As we first reported last week, the Strada Investment Group is seeking permission to increase the density of the approved development to rise at 1100 Clay Street, between 11th and 12th Streets in Oakland’s City Center, from 262 apartments as approved to 288 as envisioned. And once again, the... Read More »

Major Market Street Development Underway

Major Market Street Development Underway

Demolition of the former Flax at 1699 Market Street is underway. The building permits for a 9-story, 160-unit building to rise up to 85 feet in height upon the Market Street Hub site, with 4,500 square feet of ground floor commercial space fronting Market and an 86-car garage to... Read More »