Articles Filed Under: Industry Stuff

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Will Millennials Tax Family Housing in SF or Flee with Kids in Tow?

Will Millennials Tax Family Housing in SF or Flee with Kids in Tow?

San Francisco has the lowest percentage of children of any major city in the United States, with only 18 percent of San Francisco households including a child under 19 years old versus a nationwide average of over 29 percent. But it’s not a new phenomenon. And 37 years ago... Read More »

200-Foot-Tall Mission Street Development Closer to Reality

200-Foot-Tall Mission Street Development Closer to Reality

While originally only zoned for development up to 120 feet in height, an amendment to allow a 21-story building to rise up to 200 feet on the SoMa parcel at 1270 Mission Street, which is currently occupied by the 1,200 square foot SF Pizza Café and surface parking lot... Read More »

Appraised for $1.8M but No Sale When Listed for $600K Less

Appraised for $1.8M but No Sale When Listed for $600K Less

Purchased as a Bernal Heights fixer for $580,000 in October of 2014, the 912-square-foot, one-bedroom house at 519 Nevada Street was flipped for $815,000 four months later with no improvements save plans for a major expansion. Subsequently taken down to the studs, 519 Nevada Street returned to the market... Read More »

New Condo Sales Were 25 Percent Lower in San Francisco Last Year

New Condo Sales Were 25 Percent Lower in San Francisco Last Year

While the number of purchase contracts signed for new condominiums in San Francisco ticked up from 32 in November to 55 last month, which was double the number signed in December 2015, the number of contracts signed in 2016 totaled 702 which was a quarter fewer than the 940... Read More »

Plans for an 18-Story Tower of Affordable Units Right Here

Plans for an 18-Story Tower of Affordable Units Right Here

Owned by the “5H GP” LLC, which is an affiliated entity of the Tenderloin Neighborhood Development Corporation (TNDC), plans for an 18-story tower with 205 Below Market Rate (BMR) apartments to rise on the Central SoMa parcels at 915-921 Howard Street, near the corner of 5th, have been drafted... Read More »

New Board Will Set the Tone for Development in SF This Week

New Board Will Set the Tone for Development in SF This Week

With the environmental review for the 157-unit development at 1515 South Van Ness Avenue having been successfully appealed in November, it would have been nearly impossible for San Francisco’s sitting Board of Supervisors to have argued any differently with respect to the appeal of the nearby 117-unit development at... Read More »

Macy’s Selling Stonestown Galleria Store, Will Be Redeveloped

Macy’s Selling Stonestown Galleria Store, Will Be Redeveloped

In addition to selling its Men’s Store in Union Square, which will be shuttered and redeveloped, Macy’s is in contract to sell its 280,000-square-foot Stonestown Galleria location, which opened in 1952, to General Growth Properties. And while sale does include a temporary leaseback of the store, it’s only until GGP... Read More »

Bankrupt West Oakland Project Site in Play

Bankrupt West Oakland Project Site in Play

While the West Oakland warehouse at the corner of Filbert and 24th Streets is in the hands of a bankruptcy trustee, and the entitlements to level the site and construct 55 new ‘Emerald Parc’ townhomes on the parcels known as 2400 Filbert Street were slated to expire at the... Read More »

Supersized North Oakland Development Closer to Reality

Supersized North Oakland Development Closer to Reality

The refined designs for a 25-story tower to rise up to 260 feet in height at 532 Turquoise Street, across from the MacArthur BART Station in North Oakland, will be presented to Oakland’s Planning Commission on January 18. As designed by Solomon Cordwell Buenz (SCB) for Boston Properties, the... Read More »

Proposed Development in San Francisco Drops to a Four-Year Low

Proposed Development in San Francisco Drops to a Four-Year Low

With two days left in 2016, the preliminary plans for 79 major developments have been submitted to San Francisco’s Planning Department since the beginning of the year. And as we forecast last month, that’s the fewest since 54 in 2012 and down from a peak of 116 in 2014.... Read More »