Articles Recently Tagged: Below Market Rate (BMR)

(133 posts)
Refined Designs for Affordable Housing to Rise at Candlestick Point

Refined Designs for Affordable Housing to Rise at Candlestick Point

With the first two blocks of the new Candlestick Point neighborhood slated to start rising next fall, the design for one of the first 100 percent below market rate (BMR) buildings to follow has been refined by Herman Coliver Locus Architects for the Tenderloin Neighborhood Development Corporation (TNDC) and... Read More »

Navigation Center Site Development Permitted to Break Ground

Navigation Center Site Development Permitted to Break Ground

The 30-day window within which the building permit for the development of 157 below market rate apartments to rise up to nine stories in height at 1950 Mission Street, upon the former Phoenix Continuation High School site turned Navigation Center in the Mission, could have been appealed has expired... Read More »

Non-Supersized Plans for Lucky Penny Site Slated for Approval

Non-Supersized Plans for Lucky Penny Site Slated for Approval

The supersized plans for a 10-story building to rise up to 105 feet in height upon the shuttered Lucky Penny site at the corner of Geary and Masonic have been abandoned. Instead, the project team is back to pushing forward with plans for an 8-story building to rise up... Read More »

$80M Affordable Development Ready to Rise in Mission Bay

$80M Affordable Development Ready to Rise in Mission Bay

A 75-year ground lease for the eastern half of Mission Bay Block 3 which fronts Third Street, between Mission Rock and Long Bridge, is slated to be approved next week. Financing is expected to be funded next month. And the construction of a five-story building with 119 below market... Read More »

Redevelopment of Another Gas Station in SF Closer to Reality

Redevelopment of Another Gas Station in SF Closer to Reality

Plans to level the 76 station and JT’s Auto Repair shop on the southwest corner of Lawton and 42nd Avenue in the Outer Sunset and develop a four-story building upon the 3601 Lawton Street site have been newly rendered by Kodorski Design and are slated to be approved by... Read More »

Still No Full-Service Grocery in Sight for Transbay Block 8

Still No Full-Service Grocery in Sight for Transbay Block 8

It’s now been over two years since Related California cut 99 residential units from their development plans for Transbay Block 8 and reduced the project’s proposed grocery store space from 22,000 to 12,500 square feet, a reduction that rendered the space too small for a large grocer like Whole... Read More »

The First of Brooklyn Basin’s Two Affordable Buildings

The First of Brooklyn Basin’s Two Affordable Buildings

With the first building of the massive Brooklyn Basin project – a 64-acre East Bay development which will yield up to 3,100 units of housing, 200,000 square feet of commercial/retail space and 30 acres of open space along Oakland’s waterfront – under construction and plans for the second building... Read More »

Agent Accused of Affordable Housing Fraud

Agent Accused of Affordable Housing Fraud

Back in 2008, a local real estate agent purchased a below market rate (BMR) one-bedroom condo on the eighth floor of the newly built SoMa Grand for $221,698. As part of the purchase agreement for the affordable unit, the agent signed an affidavit affirming that he would occupy unit... Read More »

Big Plans for Shuttered Lucky Penny Site Have Been Supersized

Big Plans for Shuttered Lucky Penny Site Have Been Supersized

As we first reported a few months ago, while the shuttered Lucky Penny site at 2670 Geary Boulevard is only zoned for moderate density and building up to 80 feet in height, the compliant plans for a seven-story building to rise on the site, with 21 apartments over three... Read More »

Development to Rise on Navigation Center Site Even Closer to Reality

Development to Rise on Navigation Center Site Even Closer to Reality

The proposed development of 157 below market rate apartments to rise up to nine stories in height at 1950 Mission Street, upon the former Phoenix Continuation High School site turned Navigation Center in the Mission, has been formally granted a streamlined environmental review. As such, the development could theoretically... Read More »