Articles Recently Tagged: Below Market Rate (BMR)

(33 posts)
Affordable Housing Battle Line Drawn: Low Income Vs. Middle Class

Affordable Housing Battle Line Drawn: Low Income Vs. Middle Class

The City of San Francisco is moving forward with plans to build over 100 units of affordable housing at the base of Telegraph Hill, on the underdeveloped half-block parcel fronting Front Street between Broadway and Vallejo which is currently a parking lot for 225 cars. As we first reported... Read More »

New Home For Noriega Produce And Condos Proposed

New Home For Noriega Produce And Condos Proposed

Plans to raze Pete’s Union 76 Service station on the southwest corner of Noriega and 44th Avenue have been drawn.  And as proposed, a four-story building with 14 condos over 14 residential parking spaces and a 9,600-square-foot grocery store will rise on the Outer Sunset site. If approved, then... Read More »

Planning For Development Of Last Big Hayes Valley Parcel Underway

Planning For Development Of Last Big Hayes Valley Parcel Underway

With the construction of Avalon’s Hayes Valley development nearing completion and renting from $3,200 for a studio, and up to $6,700 for a two-bedroom, on the former Central Freeway Parcel P along Oak, between Octavia and Laguna, Mercy Housing has filed plans to build 112 units of low-income housing... Read More »

Community Meeting Ruckus Over Mission Development

Community Meeting Ruckus Over Mission Development

Last night’s community meeting in the Mission, intended to sway the opposition to the development of a 331-unit building at the corner of 16th and Mission, devolved into a shouting match (or a “lively discussion,” depending upon one’s point of view and spin). While Maximus Real Estate Partners has doubled the... Read More »

Developer Of Contentious Mission Project Doubling Down On BMRs

Developer Of Contentious Mission Project Doubling Down On BMRs

Fighting against a rising tide of neighborhood opposition, the developer of the proposed 331-unit building to rise up to ten stories on the northeast corner of Mission and 16th Streets, at the entrance to the 16th Street BART Station, is doubling the number of below market rate (BMR) units... Read More »

Affordable 200-Unit Mission Bay Building Slated To Break Ground

Affordable 200-Unit Mission Bay Building Slated To Break Ground

The building permits for 200 affordable apartments to rise on the western portion of Mission Bay Block 7, fronting Fourth Street between China Basin and Mission Bay Boulevard North, were issued last year. And according to a plugged-in source, the ground for the four-story development – a development which... Read More »

Refined Designs And Timing For 400-Foot Transbay Block 9 Tower

Refined Designs And Timing For 400-Foot Transbay Block 9 Tower

The designs for the 400-foot tower and 85-foot podium to rise on Transbay Block 9, at the corner of Folsom and First, have been refined by SOM (tower) and Fougeron Architecture (podium), and the total number of residences and ratio of Below Market Rate (BMR) units within the development... Read More »

Standout Mission Bay Development Ready To Serve

Standout Mission Bay Development Ready To Serve

Designed by Mithun|Solomon in collaboration with Kennerly Architecture, and looking even better in reality – as photographed above – than versus the renderings, 1180 Fourth will provide 150 units of affordable housing and 11,000 square feet of retail along Fourth Street in South Mission Bay, anchored by a restaurant... Read More »

Timing And Details For Affordable Housing And Retail On Fourth

Timing And Details For Affordable Housing And Retail On Fourth

With the rebuilding of Mission Bay Block 5 underway and the surviving half of the Mission Bay 360 Project having risen on Mission Bay Block 11 behind, the Tenderloin Neighborhood Development Group (TDNC) has been selected to develop 135 units of below market rate housing and 10,000 square feet... Read More »

New Details And Timing For Twisty 400-Foot Tower

New Details And Timing For Twisty 400-Foot Tower

Tishman Speyer is pushing forward with their plans to build a modern 400-foot residential tower designed by architect Jeanne Gang on the northwest corner of Folsom and Spear Street (a.k.a 100 Folsom Street or Transbay Block 1). In addition to the 40-story tower with “migrating bay” windows which would... Read More »

The Future Of Potrero Hill’s South Slope

The Future Of Potrero Hill’s South Slope

As we first reported earlier this week, the master plan for redeveloping the 33-acre public housing development atop Potrero Hill is ready for its first public review.  And now, it’s time to take a peek at the latest renderings for the project which will completely transform the southeast slope... Read More »

HOPE For Potrero Hill: Huge Redevelopment Plan Ready For Review

HOPE For Potrero Hill: Huge Redevelopment Plan Ready For Review

The master plan for redeveloping the entire 33-acre public housing development atop Potrero Hill with up to 1,700 new units of housing has been refined and the first public hearing to help clear the way for the ambitious project to commence has been scheduled for December. As proposed, the... Read More »

Agreement To Keep Affordable Housing Out Of New Tower

The proposal to keep affordable housing out of the 800-foot tower rising at 181 Fremont Street has been recommended for approval and will be presented to San Francisco’s Planning Commission next month. As we first reported last month, San Francisco’s Transbay Redevelopment Plan requires any new housing development within the... Read More »

Lennar Planning Major Development In The Mission

Lennar Planning Major Development In The Mission

Not to be confused with the modern 40-unit building which has already risen at 1515 15th Street, Lennar Urban has filed a proposal to raze the McMillan Electric building at 1515 South Van Ness Avenue, between 26 th and Cesar Chavez, with plans to construct a 160-unit apartment building on... Read More »

Cost To Build Affordable Housing On Sixth Street: $690K Per Unit

Cost To Build Affordable Housing On Sixth Street: $690K Per Unit

With a 99-year ground lease from the City of San Francisco for which Mercy Housing will pay a total of $99 as proposed, the projected cost of building the affordable housing development to rise on the southwest corner of Sixth and Howard is $47,333,630, which includes $4,600,000 in consideration for... Read More »