March 4, 2014
Rebuilding Of Bay Bridge Ramps To The Islands Ready To Roll
The rebuilding of the access ramps from the San Francisco Oakland Bay Bridge to Yerba Buena and Treasure Island is set to commence on Friday.
Phase one of the Yerba Buena Island I-80 Interchange Improvement Project will construct new westbound on and off ramps to the new eastern span of the San Francisco Oakland Bay Bridge (click renderings to enlarge).
Once the ramps are in place on the east side of Yerba Buena Island, which is slated for mid-2016, the existing ramps on the west side of the island will be retrofitted or replaced.
No update on the redevelopment of Treasure Island and plans for 240,000 square feet of new commercial space, 8,000 new residences, and over 300 acres of open space, the ground for which was to be broken this year but the financing for which fell through.
Six Story Folsom Street Development Rendered, Dubbed 99 Rausch
The Local Development Group has officially filed their application to raze the former Bay Lighting & Design building and adjacent parking lot on the northeast corner of Folsom and Rausch and construct a mixed-use development with 112 residential units, 5,600 square feet of ground floor retail, and 100 parking stalls on the West SoMa site.
While currently known as the 1140 Folsom Street project, the development which is being designed by BAR Architects will be dubbed 99 Rausch.
The design details and full Rausch Street facade by way of a plugged-in source:
(Continue reading: "Six Story Folsom Street Development Rendered, Dubbed 99 Rausch")
Two Designer Dogpatch Condos For Under $300K Apiece
Two of the new condos in the Stanley Saitowitz/Natoma Architects designed Dogpatch building at 616 20th Street were designated as Below Market Rate (BMR) units and will be sold for $223,988 and $264,207.
Priced to be affordable to San Francisco households earning up to 90% of the area's median income, and available to households earning up to 100%, a single person making up to $67,950 or a couple making no more than $77,700 may qualify.
Both units are 770 square feet in size and one of the buyers will have the option of securing a deeded parking space in the building for an additional $30,000.
(Continue reading: "Two Designer Dogpatch Condos For Under $300K Apiece ")
Condo Conversion Of Prominent SoMa Corner Proposed
San Francisco's Planning Department authorized the theoretical conversion of the gas station parcel on northeast corner of Howard and 9th Street to "other uses" seventeen years ago, despite the lack of a proposed alternate use at the time.
Currently zoned for development up to 55 feet in height, a real proposal to raze the Chevron, Burger King and Starbucks on the corner parcel and construct of a mixed-use development with around 120 condo-mapped residential units and 13,000 square feet of commercial space on the site has been submitted to the Planning Department for review.
As part of the proposed project, a mid-block pedestrian alley connecting Howard and Natoma Streets would be constructed. And in terms of timing, keep in mind that Chevron's current lease runs for another five years.
March 3, 2014
A Closer Look At The Plans For A 6,000 Square Foot House
(Continue reading: "A Closer Look At The Plans For A 6,000 Square Foot House")
Two Ways Inside 65 Montclair: When One Elevator Just Won't Do
Purchased for $7,300,000 in 2005, Craig and Maureen Sullivan's Russian Hill home at 65 Montclair Terrace is now on the market for $9,950,000 with big city views.
In addition to the home's entrance and garage on Montclair, there's an entrance and garage on Chestnut Street as well, and of course a second elevator:
(Continue reading: "Two Ways Inside 65 Montclair: When One Elevator Just Won't Do")
Modern SoMa Loft Hidden In Plain Sight Sells For $3.1 Million
Listed for $3,000,000 at the beginning of the year, the sale of the modern 5,000 square foot home hidden behind the relatively unassuming warehouse façade at 421 Tehama Street has closed escrow with a reported contract price of $3,102,000.
The Plans To Raze A Hill And Build A Modern Mansion
Much to the chagrin of a number of neighbors and fans of the modernist movement, permits to raze the 1,700-square-foot, Henry Hill designed house at 65 Villa Terrace and construct a contemporary 6,000-square-foot home on the Clarendon Heights lot have been triaged and are making their way through Planning.
Having traded for $1,620,000 in 2005, the property was purchased for $1,400,000 in 2010 by Alex Fisher of Fisher Development, the nephew of Donald Fisher. Donald was a real estate developer before co-founding the Gap.
Per the application for the building permit, the estimated cost of construction for the new home is $750,000, the basis off which the permit fees will be calculated and collected by the city. And in the words of a tipster a month ago: "Neighbors have tried to stop [the project] but somehow this one seems to be moving along with planning."
February 28, 2014
Designs For 94 New Dogpatch Dwelling Units Along Third And Illinois
Plans for a six-story residential building to rise at 2051 3rd Street will be presented to San Francisco's Planning Commission next week. The proposed Dogpatch development would raze two mid-block industrial buildings between Mariposa and 18th Streets, merge the parcels, and construct 94 new dwelling units with an underground garage on the site
The development would front both Third (above) and Illinois (below) with a courtyard between.
As proposed, the 94 units would be rentals for at least 30 years with a mix of 35 studios, 21 one-bedrooms, 37 two-bedrooms and 1 three-bedroom. Two of the one-bedrooms would be ground floor "flex spaces" along Illinois:
(Continue reading: "Designs For 94 New Dogpatch Dwelling Units Along Third And Illinois")
Pending Home Sales Drop While Inventory Is On The Rise
While the National Association of Realtor's Pending Home Sales Index edged up 0.1 percent in January, it's down 9.0 percent on a year-over-year basis with a lack of inventory continuing to be fingered for much of the decline.
And while "ongoing disruptive weather patterns" is also sharing the blame for a lack of sales, the pending home sales index for the West is down 17.5 percent year-over-year and our weather has been relatively mild.