Another Parcel Near Parque Ninos With Plans For Development

Another Parcel Near Parque Ninos With Plans For Development

Speaking of a development which could be caught in the crosshairs of a threatened housing moratorium in the Mission, and another which borders the old Southern Pacific Railroad Right of Way, the parcel at 953 Treat, across the street from Parque Ninos Unidos between 22d and 23rd, is in contract... Read More »

Mortgage Rates On The Rise

Mortgage Rates On The Rise

Mortgage rates have ticked up for the third week in a row and the average rate for a conforming 30-year mortgage is currently averaging 3.8 percent, up from 3.59 percent at the beginning of the month. The 30-year rate was 4.37 percent at this time last year. Averaging 6.7... Read More »

Inner Mission Development Racing To Beat Building Moratorium

Inner Mission Development Racing To Beat Building Moratorium

A permit to raze the shuttered Western Plywood warehouse at Harrison and 22nd Streets in the Mission has been requested, and in its place, a four-story residential building is planned to rise, with the old Southern Pacific Railroad Right of Way right behind and Parque Ninos Unidos a block... Read More »

Google Rebooting Plans For New Mountain View Campus

Google Rebooting Plans For New Mountain View Campus

Having put their plans for a 1.1 million square foot Bayview Campus designed by NBBJ on hold back in 2013, Google is reportedly preparing to submit plans for a new campus, “a series of canopylike buildings” designed by Heatherwick Studio and Bjarke Ingels Group (BIG), to the city of... Read More »

Modern Mid-Market Development Downsized, Art Center Cut

Modern Mid-Market Development Downsized, Art Center Cut

Group I’s plans for a modern Mid-Market hotel, residential and retail complex to rise up to 200-feet in height at the corner of Market and Turk have been downsized, and the development’s proposed 75,000-square-foot Center for Arts & Education to rise at Turk and Taylor has been altogether cut.... Read More »

Pace Of New Home Sales In The U.S. Slips, Inventory Builds

Pace Of New Home Sales In The U.S. Slips, Inventory Builds

Having jumped 11.6 percent in December, the seasonally adjusted pace of new single-family home sales in the U.S. slipped 0.2 percent to an annual rate of 481,000 sales in January. And while new home sales in the U.S. are running at a pace which is 5.3 percent higher than... Read More »

Mega Condos Could Top Two San Francisco Towers, Set A Record

Mega Condos Could Top Two San Francisco Towers, Set A Record

Tishman Speyer is quietly exploring the possibility of merging up to twelve three-bedroom units atop the two towers rising at 201 Folsom Street (a.k.a. LUMINA). At the extreme, the eight three-bedroom units across the 41st and 42nd floors of LUMINA’s Tower B could be combined into one mega-duplex measuring... Read More »

400-Foot Tower Dubbed “Jasper,” Leasing This Spring

400-Foot Tower Dubbed “Jasper,” Leasing This Spring

The 400-foot tower rising at 45 Lansing has been dubbed “Jasper.” Originally intended to be developed as a 227-unit uberluxury condo building by Turnberry Associates, the project was redesigned by Crescent Heights, the developers of NEMA, to consist of 320 rental units, including nearly one hundred studios (up from 3... Read More »

Top Tier Bay Area Home Values Hit All-Time High, Condos Slip

Top Tier Bay Area Home Values Hit All-Time High, Condos Slip

Single-family home values within the San Francisco MSA ticked up 0.4 percent from November to December and are running 9.3 percent higher on a year-over-year basis. At the same time, local condominium values slipped 0.5 percent from an all-time high in November, but remain 10.8 percent higher than at... Read More »

Distinctive Telegraph Hill Home Fetches $2.5M, Fate Unknown

Distinctive Telegraph Hill Home Fetches $2.5M, Fate Unknown

Having been listed for $1.995 million, the sale of the rather distinctive Telegraph Hill home at 340 Chestnut Street, which was designed and owned by the late architect, Herbert Kosovitz, has closed escrow with a reported contract price of $2.5 million. Finished from the floor to 18-foot ceiling in... Read More »

Half The Lot And Twice The Price ($10M) In Old Palo Alto

Half The Lot And Twice The Price ($10M) In Old Palo Alto

According to the MLS, the sale of the Old Palo Alto home at 1935 Webster has closed escrow with a reported contract price of $10 million. As we wrote when the home hit the market two months ago: A 3,000 square-foot fixer on a large Palo Alto lot raised... Read More »

Battles Over EV Charging Stations Brewing

Battles Over EV Charging Stations Brewing

Powertree, a local electric vehicle (EV) charging station startup, has lined up over 100 apartment buildings in San Francisco, Berkeley and Emeryville into which it plans to install solar-powered charging stations for residents, the first installation of which is slated for testing in the Mission in about a week.... Read More »

Pace Of U.S. Existing-Home Sales Drops To Nine-Month Low

With fewer existing-home sales recorded in the U.S. last year versus the year before, the seasonally adjusted pace of existing-home sales dropped 4.9 percent in January to 4.82 million, its lowest pace in nine months but 3.2 percent higher than at the same time last year. At the same,... Read More »

Designs For Transforming San Francisco’s Alleys

Designs For Transforming San Francisco’s Alleys

Two years in the making, the Living Alleys Toolkit establishes the framework, strategies and processes for creating a network of plazas, gardens, and active public spaces in traffic calmed alleyways throughout the Market-Octavia Plan Area.  And it’s a toolkit which can be applied to other areas of the city... Read More »

A $10M Two-Bedroom And Nearly $3K Per Square Foot

A $10M Two-Bedroom And Nearly $3K Per Square Foot

A bastion of San Francisco’s power Democrats, and a fixture of Pacific Heights, the twelve-story “Alta Plaza Apartments” building at 2500 Steiner opened in 1927, with twelve full-floor co-op units overlooking the San Francisco Bay and adjacent Alta Plaza Park. And just below the Hambrechts’ pad on the sixth... Read More »