Articles Filed Under: New Developments

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Timing and New Details for Massive Balboa Reservoir Redevelopment

Timing and New Details for Massive Balboa Reservoir Redevelopment

According to a draft Fiscal Responsibility report for the massive Balboa Reservoir project, the projected $560 million development, a total which doesn’t include the price of the land or community benefits which have yet to be negotiated, could break ground “as early as 2021,” which is right in line... Read More »

Noe Valley View Home Fetches 2016 Price

Noe Valley View Home Fetches 2016 Price

Having hit the market listed as “the ultimate in luxury & comfort,” and “masterfully crafted for today’s sophisticated taste” with an elevator from its three-car garage to its top floor, the new five-bedroom Noe Valley home at 538 28th Street sold for $4.985 million or roughly $1,041 per square... Read More »

Contemporary Cow Hollow Development Positioning to Break Ground

Contemporary Cow Hollow Development Positioning to Break Ground

Having been approved by Planning last month, the exemption to allow the long-shuttered Chevron service station site at the corner of Van Ness and Union to be leveled and a contemporary seven-story building to rise upon the Cow Hollow site has officially been endorsed and a permit to start... Read More »

BrainWash Building on the Market in Western SoMa

BrainWash Building on the Market in Western SoMa

Purchased for $749,000 in 1988, the two-story Western SoMa building at the corner of Folsom and Langton Streets, which was home to the recently shuttered BrainWash cafe and laundromat for nearly three decades, is now on the market with a $4.95 million price tag. The 4,000-square-foot Folsom Street parcel... Read More »

Pricing Index for New Condos in San Francisco Ticks Up, Sales Slip

Pricing Index for New Condos in San Francisco Ticks Up, Sales Slip

The number of purchase contracts signed for new construction condos in San Francisco slipped at the end of 2017 – from 61 in November to 37 in December – and were down 33 percent on a year-over-year basis, according to sales office data collected by The Mark Company. At... Read More »

Timing for New 55-Story Tower and Podiums on Transbay Block 8

Timing for New 55-Story Tower and Podiums on Transbay Block 8

Having broken ground at the end of 2016, the 55-story tower and two podium buildings rising along Folsom Street, on Transbay Block 8 between Fremont and First, are now expected to be ready for occupancy in the second quarter of 2019. As designed by Fougeron Architecture, the two podium... Read More »

Timing for New Transbay District Parks Pushed Back

Timing for New Transbay District Parks Pushed Back

With the timing to complete San Francisco’s new Transbay Transit Center having slipped, the groundbreaking for the future Transbay Park, which will occupy the middle third of the Temporary Transbay Terminal site, has been pushed back from early this year to sometime in 2019. The projected groundbreaking for the... Read More »

Development Driving the Office Market in San Francisco

Development Driving the Office Market in San Francisco

The average asking rent for office space in San Francisco inched up 0.7 percent in the fourth quarter of 2017 to end the year at an all-time high of $71.02 per square foot per year. That being said, the year-over-year gain in asking rent dropped to 1.8 percent, down... Read More »

Pipeline of Residential Development in San Francisco Drops

Pipeline of Residential Development in San Francisco Drops

With the number of new units of housing in San Francisco that finished up construction in the third quarter of the year having outpaced the total of those which were newly proposed, the overall pipeline of apartments and condos under development in the city slipped by roughly 200 to... Read More »

Sale of Uber’s Uptown Station Has Closed, Opening Late 2018

Sale of Uber’s Uptown Station Has Closed, Opening Late 2018

The sale of the waylaid Uptown Station development at 1945 Broadway in Uptown Oakland, which has been under construction since 2015 when Uber purchased the former Sears building for $123.5 million with the intention of occupying the new campus in the second quarter of this year, has closed escrow... Read More »