Articles Recently Tagged: Below Market Rate (BMR)

(104 posts)
The Plans for 143 Affordable Apartments and Arts Space on Folsom

The Plans for 143 Affordable Apartments and Arts Space on Folsom

The preliminary plans for an eight-story building with 143 below market rate apartments over 12,000 square feet of PDR space dedicated to the arts and a 4,400 square foot childcare center to rise on the northwest corner of Folsom and 16th Street in the Mission have been massed by... Read More »

Housing for Homeless Vets and Low-Income Families Closer to Reality

Housing for Homeless Vets and Low-Income Families Closer to Reality

The designs for a five-story building with 119 below-market-rate apartments for otherwise homeless veterans and low-income families to rise at 1150 Third Street, on the eastern half of Mission Bay Block 3 which fronts Third Street, between Mission Rock and Long Bridge, have been drawn. As designed by Leddy... Read More »

Ground Broken for 120 Affordable Transbay District Rentals

Ground Broken for 120 Affordable Transbay District Rentals

The ground has formally been broken for 120 affordable apartments to rise on Transbay Block 7 (a.k.a. 255 Fremont), behind the new 32-story tower dubbed Solaire on Transbay Block 6 (a.k.a. 299 Fremont), between Fremont and Beale. Originally slated for an 85-unit building, the structural design for 255 Fremont... Read More »

Beast on Bryant Survives Appeals, Positioning to Break Ground

Beast on Bryant Survives Appeals, Positioning to Break Ground

San Francisco’s Board of Supervisors has unanimously rejected two appeals which had aimed to overturn Planning’s approvals for a 199-unit building at 2000 Bryant Street, the so-called “Beast on Bryant” to rise up to six stories in height across the northern half of the Mission District block bounded by... Read More »

Designs for Contentious Affordable Development Have Been Drawn

Designs for Contentious Affordable Development Have Been Drawn

The designs for a contentious six-story development of affordable apartments to rise on the half-block parking lot parcel at 88 Broadway, at the base of Telegraph Hill, have been drafted by Leddy Maytum Stacy Architects. Identified by the Port of San Francisco as “the greatest affordable housing development opportunity... Read More »

Affordable Mission Bay Development about to Break Ground

Affordable Mission Bay Development about to Break Ground

The ground lease and construction loan agreement for the the mixed-use development to rise at 1300 Fourth Street (a.k.a. Mission Bay Block 6 East), with 142 affordable apartments and a managers unit over up to seven ground-floor commercial spaces fronting the Fourth Street corridor, are about to be signed... Read More »

Designs and Timing for 157-Unit Mission Development Take Two

Designs and Timing for 157-Unit Mission Development Take Two

The design for Lennar’s proposed 157-unit Mission District development to rise up to six stories in height at 1515 South Van Ness Avenue, replacing the shuttered McMillan Electric Company building on the site, has adopted a more traditional versus modern look. As designed by BDE Architecture, the proposed development... Read More »

An Affordable Yerba Buena Loft (That’s Currently Bank-Owned)

An Affordable Yerba Buena Loft (That’s Currently Bank-Owned)

Designated as one of the development’s required affordable units, the 722-square-foot unit #502 at Yerba Buena Lofts (855 Folsom Street) was purchased as new for a below market rate (BMR) price of $306,500 of 2003. In 2009, the Yerba Buena Lofts Homeowner’s Association filed a lien on unit #502... Read More »

New Timing and Details for That Twisty 400-Foot Tower Project

New Timing and Details for That Twisty 400-Foot Tower Project

The Disposition and Development Agreement for Transbay Block 1, upon which Tishman Speyer is planning to build a twisty 400-foot-tall tower designed by Jeanne Gang at the corner of Folsom and Spear, is slated to be conditionally approved by the City’s Office of Community Investment and Infrastructure Commissioners this... Read More »

Seven-Story Mission District Development Slated for Approval

Seven-Story Mission District Development Slated for Approval

With an exemption from having to complete a lengthy environmental review in hand, and the paperwork for a permit to demolish the two auto shops on the southeast corner of 16th and Florida Streets having been filed, the refined plans for a modern seven-story building to rise on the... Read More »