Articles Filed Under: New Developments

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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 »

Supreme Court Denies Challenge of Warriors Arena Development

Supreme Court Denies Challenge of Warriors Arena Development

With the Golden State Warriors slated to ceremonially break ground for the development of their new Mission Bay Arena and office complex at noon today, California’s Supreme Court has just denied an appeal filed by the Mission Bay Alliance aimed at derailing the development and seeking a stay of... Read More »

Inventory of Homes for Sale in San Francisco Starts to Climb

Inventory of Homes for Sale in San Francisco Starts to Climb

Having increased by a hundred over the past week, the number of single-family homes and condos currently listed for sale in San Francisco now totals 401, which is 30 percent higher versus the same time last year and the highest mid-January total since 2013. At a more granular level,... 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 »

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 »

Folsom Street Rising: Newly Rendered and Closer to Reality

Folsom Street Rising: Newly Rendered and Closer to Reality

With plans to raise the roof at 633 Folsom Street in the works, and the designs for a 14-story building to rise on the corner site of the two-story Canton Seafood & Dim Sum restaurant at 655 Folsom Street now closer to reality, the proposed 667 Folsom Street project,... Read More »

More Height Coming in the New Year

More Height Coming in the New Year

While the height of the new Salesforce/Transbay Tower rising at 415 Mission Street has already caught plenty of people by surprise, particularly when unexpectedly seen from afar, keep in mind that the tower’s 150-foot-tall crown, which will represent 14 percent of the 1,070-foot-tall Transbay tower’s total height, has yet... 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 »

Timing for Massive Flower Mart Project and an Interim Parking Lot

Timing for Massive Flower Mart Project and an Interim Parking Lot

Having served as a fleet parking lot and storage facility for AT&T/Pacific Bell service vehicles since the 1970’s, the corner parcel at 610 Brannan Street was sold to Kilroy Realty earlier this year and has been wrapped into the proposed redevelopment of the San Francisco Flower Mart site, a... Read More »

Legendary VC’s Millennium Tower Penthouse Fetches $13M

Legendary VC’s Millennium Tower Penthouse Fetches $13M

Purchased as a shell for $9.35 million in 2009, the late venture capitalist Tom Perkins spent another $9 million building out the Grand Penthouse A atop the sinking Millennium Tower. And the 5,000-square-foot lair, which is configured as a two-bedroom, with a 3,000-square-foot great room and rooftop terrace, has... Read More »