Articles Recently Tagged: Below Market Rate (BMR)

(78 posts)
Housing for Homeless Vets and Low-Income Families in Mission Bay

Housing for Homeless Vets and Low-Income Families in Mission Bay

The pre-construction planning for a five-story building with 101 below-market-rate apartments for formerly 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, is underway. The $47 million project,... Read More »

Ballot Measure Could Double Affordable Housing Requirements

A ballot measure designed to more than double the number of below-market-rate (BMR) units of housing that developers must provide or fund when building market-rate units in San Francisco is about to be formally proposed by Supervisors Jane Kim and Aaron Peskin. While market-rate developments with ten or more... Read More »

Affordable Hayes Valley Development Closer to Reality

Affordable Hayes Valley Development Closer to Reality

The public hearing for the proposed six-story Hayes Valley development with 108 below-market-rate apartments to rise up to 50-feet in height at 455 Fell Street, upon San Francisco’s Central Freeway Parcel O which once served as the northern half of the Hayes Valley Farm, will be held this week.... Read More »

The Separation of Church and Condos on Gough

The Separation of Church and Condos on Gough

The plans for the proposed eight-story building to rise on the southeast corner of Gough and Eddy, where the ornate St. Paulus Lutheran Church had stood for a century, have been revised by Perry Architects. The new designs for the 950 Gough Street site now include 95 condos, back... Read More »

Plans for 108-Unit Affordable Hayes Valley Development Progress

Plans for 108-Unit Affordable Hayes Valley Development Progress

The plans for a six-story Hayes Valley building with 108 below-market-rate apartments to rise up to 50-feet in height at 455 Fell Street, upon San Francisco’s Central Freeway Parcel O which also served as the northern half of the former Hayes Valley Farm, between Octavia and Laguna, are moving forward.... Read More »

Developer Ditches Plans for 750-Foot Transbay District Tower

Developer Ditches Plans for 750-Foot Transbay District Tower

The debacle surrounding the City’s sale of Transbay Parcel F continues to grow as Crescent Heights, which had committed to paying $165 million for the parcel which is zoned for development up to 750-feet in height, failed to make a required $10 million deposit and has now backed out... Read More »

Supervisors Reject Sale of Mid-Market Tower Site

Supervisors Reject Sale of Mid-Market Tower Site

While the sale of the City’s five-story building at 30 Van Ness Avenue, a building which sits upon a parcel which is zoned for development up to 400 feet in height, was authorized for sale by San Francisco’s Board of Supervisors with a price of “no less than $87... Read More »

From Hotel Rooms to Apartments as Proposed

From Hotel Rooms to Apartments as Proposed

Approved as a residential hotel project and designed for short-term tenants, “such as professors or other people coming to the city for brief periods who need a place to live,” Panoramic Interests is now seeking approval to develop its 22-unit building to rise four stories at 2711 Shattuck Avenue... Read More »

Development to Transform Potrero’s East Slope Slated for Big Vote

Development to Transform Potrero’s East Slope Slated for Big Vote

With a refined design by Min Day, the proposed 250-unit Potrero Hill development to rise below the neighborhood’s 33-acre public housing site that’s to be razed and rebuilt could be approved by San Francisco’s Planning Commission this week. As part of the 1395 22nd Street project, 6,500 square feet of... Read More »

Mayor Calls for Ballot Measure to Require More Affordable Housing

Mayor Ed Lee and Board of Supervisors President London Breed have officially called for a 2016 ballot measure to increase the required percentage of below market rate (BMR) units of housing private developers must provide or fund when building market-rate units in San Francisco. “In prosperous times like these,... Read More »