Articles Filed Under: New Developments

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Mission District Development Finally Positioning to Break Ground

Mission District Development Finally Positioning to Break Ground

It was back in 2015 that San Francisco’s Board of Supervisors approved the City’s $18.5 million purchase of the corner parcel at 490 South Van Ness Avenue and 16th Street in the Mission, a site which was approved for the development of a seven-story, 72-unit building and which the... Read More »

New Timing for Navigation Centers and Their Redevelopment

New Timing for Navigation Centers and Their Redevelopment

Originally slated to be shuttered in the second quarter of the year, which “would leave the community with a vacant, inactive, and unsecured lot that would become a blight to the community” prior to the redevelopment of the site breaking ground, the proposed closing date for the Mission District... Read More »

Timing for That Twisty Bay Tower Now Rising on Folsom

Timing for That Twisty Bay Tower Now Rising on Folsom

While originally aiming for an opening in the first quarter of 2020, the expected completion date for the twisty 400-foot-tall “Bay Tower” designed by Jeanne Gang rising at 100/160 Folsom Street, on the northwest corner of Folsom and Spear, has been pushed back to the second quarter of the... Read More »

Pricing Index for New Condos in S.F. Ticks Up, Sales Drop

Pricing Index for New Condos in S.F. Ticks Up, Sales Drop

Having inched up 0.5 percent in March, the Mark Company’s pricing index for new condos in San Francisco ticked up 4.5 percent in April and is now running 0.6 percent higher versus the same time last year but remains 12.3 percent below its peak which was reached in the... Read More »

Proposed Development in San Francisco Tracking a Six-Year Low

Proposed Development in San Francisco Tracking a Six-Year Low

Having peaked at 116 in 2014, the number of newly proposed plans for major developments in San Francisco has been trending down ever since, a trend which shouldn’t catch any plugged-in readers by surprise. And with fewer than 20 preliminary proposals for major projects in the city having been... Read More »

Lumina Plaza Penthouse Fails to Fetch its 2015 Price

Lumina Plaza Penthouse Fails to Fetch its 2015 Price

Purchased for $2.331 million or roughly $1,430 per square foot in the fourth quarter of 2015, the Lumina Plaza C’s penthouse unit #8E, which features 12-foot ceilings and measures 1,630 square feet, with two bedrooms and two baths, returned to the market listed for $2.586 million in the fourth... Read More »

Number of Homes for Sale in San Francisco Is on the Rise

Number of Homes for Sale in San Francisco Is on the Rise

Driven in part by a pronounced slowdown in sales activity since the end of last year, the number of single-family homes and condos actively listed for sale in San Francisco (650) is currently running 3 percent higher versus the same time last year (630) and 41 percent above the... Read More »

Target Opening Day for the Salesforce / Transbay Transit Center Set

Target Opening Day for the Salesforce / Transbay Transit Center Set

With little slippage in the expected completion date for San Francisco’s Transbay/Salesforce Transit Center over the past month, the target opening date for the new center and its 5.4-acre rooftop park has been unofficially set for August 12, 2018. Keep in mind that the opening date assumes no major... Read More »

Pending Home Sales Inch up in the U.S., Drop in the West

Pending Home Sales Inch up in the U.S., Drop in the West

Having dropped to a 39-month low at the beginning of the year, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, inched up 0.4 percent from a downwardly revised 107.2 in February to 107.6 in March, driven by activity in... Read More »

New Condo Sales Tick up in SF on the Heels of a Price Drop

New Condo Sales Tick up in SF on the Heels of a Price Drop

Having taken a hit in February, the Mark Company’s pricing index for new condos in San Francisco inched up 0.5 percent in March but is still running 8.8 percent lower on a year-over-year basis and 16.1 percent below its peak in the third quarter of 2015. At the same... Read More »