Three Months Later And Flipped For $2.3 Million More

Three Months Later And Flipped For $2.3 Million More

Purchased as a three-unit building for $2.6 million three months ago and quickly remodeled as a “lavish” single-family home with gold fixtures, marble countertops and a La Cornue range in the kitchen; an outdoor living room complete with a television mounted over the new gas fireplace out back; and... 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 be offset on each floor and Read More »

First Year-Over-Year Increase For Existing U.S. Home Sales Since 2013

The seasonally adjusted pace of existing-home sales in the U.S. ticked up 1.5 percent in October to an annualized rate of 5.26 million, the highest annualized rate since September 2013 and the first time since October 2013 that the rate has been higher on a year-over-year basis (up 2.5 percent). At the same time, the inventory Read More »

Underbuilding Along San Francisco’s New Transit Spine

Underbuilding Along San Francisco’s New Transit Spine

Speaking of development along San Francisco’s emergent Fourth Street Transit spine, while the City’s Central SoMa Plan envisions up-zoning the southwest corner of Brannan and Fourth to allow a tower of up to 250-feet to rise on the site, TMG Partners appears to be moving forward with plans to build a six-story building on a large Read More »

Union Square Rents Rocket, Strongest Growth Worldwide

Union Square Rents Rocket, Strongest Growth Worldwide

Rents for retail spaces around San Francisco’s Union Square have increased at the fastest pace of all prime retail areas across the globe over the past year, up 30 percent to an average of $650 per square-foot per year, according to Cushman & Wakefield’s latest Main Streets Across the World report. That being said, the average Read More »

Environmental Review Of Warriors Mission Bay Arena Plan Underway

Environmental Review Of Warriors Mission Bay Arena Plan Underway

The cornerstone environmental review for the Golden State Warriors’ proposed arena, retail and office development to rise across eleven acres in Mission Bay is officially underway and the public meeting to discuss the scope of the Planning Department’s report for the project has been scheduled for December 9. The Department is aiming to finish and Read More »

Foreclosed Upon SF Mansion Flipped For A Few Million More

Foreclosed Upon SF Mansion Flipped For A Few Million More

Purchased for $3,875,000 at the end of 2007, the nearly 8,000-square-foot Victorian at 21 Buena Vista Avenue East, which features 22 remodeled rooms, 1,700 square feet of private gallery space, and a cellar for 3,000 bottles of wine, returned to the market last year listed for $6,500,000, was reduced to $5,900,000 and briefly marketed as a potential “Tech Incubator” Read More »

U.S. Housing Starts Slip But Permit Activity Hits Six-Year High

The annual pace of housing starts in the U.S. fell 2.8 percent from September to October but remains 7.8 percent higher versus the same time last year as the pace of construction for structures with five or more units slumped 15.5 percent in October (down 6.8 percent year-over-year) but single-family home starts increased 4.2 percent (up 15.4 percent Read More »

Swedish American Hall Should Be A Landmark, Ja?

Swedish American Hall Should Be A Landmark, Ja?

Designed by Swedish-born master architect August Nordin and built in 1907, the Swedish American Hall at 2168 Market Street is on its way to becoming an official San Francisco landmark. From the Planning Department’s Draft Landmark Designation report for the building, the renovation of which is nearing completion and includes a new Basque-inspired restaurant (“Aatxe”) Read More »

Four New Policy Papers To Shape SF’s Central SoMa Plan

Four New Policy Papers To Shape SF’s Central SoMa Plan

San Francisco’s Central SoMa Plan will define the City’s vision and strategies, and the overall potential, for developing the area bounded by Market, Sixth, Second and Townsend Streets, 260 acres of prime urban space bisected by the Central Subway project and an emergent Fourth Street transit spine. En route to publishing the plan’s Draft Environmental Read More »

A High Tech Home Hidden Behind A Classic Façade

A High Tech Home Hidden Behind A Classic Façade

Purchased as a two-unit building for $1,350,000 two years ago, the “stunning rebuilt Pacific Heights residence” at 3083 California Street has just returned to the market listed as a “Modern/High Tech” single-family home for $4,895,000. The 4,658-square-foot home’s listed four bedrooms include the new “media room/guest bedroom” with a “wet-bar” on the lower level. The Read More »

West SoMa Development Watch: 99 Rausch Refined

West SoMa Development Watch: 99 Rausch Refined

The cement plaster lattice which was originally intended to frame a phantom sixth floor on the corner of the proposed building to rise at Folsom and Rausch has been removed from the project’s final design, but otherwise the architecture for the development dubbed 99 Rausch remains fundamentally the same and is slated to be approved Read More »

European Food Market Razed For Condos To Rise

European Food Market Razed For Condos To Rise

As plugged-in readers knew to expect and a tipster reports, the former European Food market at 3038 Clement Street has been razed to make way for a six-unit condominium development to rise, with three two-bedrooms and three three-bedrooms along with parking for ten bikes and six cars over a smaller ground-floor retail space. Read More »

“Urban Outlet” Retail Center To Rise On Candlestick Point

“Urban Outlet” Retail Center To Rise On Candlestick Point

An agreement to develop a 500,000-square-foot “urban outlet” retail center on the site of the soon-to-be-former Candlestick Park has been signed and the shopping center is slated to open in 2017, developed in partnership between Lennar, the neighborhood’s master developer, and retail developer Macerich, the developer of The Village at Corte Madera and Broadway Plaza in Read More »

Redesigned To Blow You Away, But Hopefully Not Off A Balcony

Redesigned To Blow You Away, But Hopefully Not Off A Balcony

As you might have guessed, it’s not only the ground floor of the proposed Transbay Block 5 office tower to rise on the northeast corner of Howard and Beale which has been refined and redesigned, but the entire 550-foot building. Large outdoor terraces still step-up the side of the tower, a central element of the design Read More »