Grubstake Buyer Pursuing Redevelopment Plans

Grubstake Buyer Pursuing Redevelopment Plans

Prior to closing escrow on his purchase of the iconic Grubstake restaurant at 1525 Pine Street, buyer Nicholas Pigott quietly engaged D-Scheme Studio to draft plans for razing the restaurant and constructing a slender seven-story building on the Polk Gulch site, with 28 small residential units averaging around 400... Read More »

Development Will Level This Popular Flower Stand, But…

Development Will Level This Popular Flower Stand, But…

Plans to level the Sunset District flower stand and two undeveloped lots on the southwest corner of Quintara and 19th Avenue have been submitted to Planning.  And as proposed and rendered below, a four-story building with 42 apartments and parking for 56 cars would rise across the 1001 Quintara... Read More »

Pace Of New U.S. Home Sales Ticks Up In July

Pace Of New U.S. Home Sales Ticks Up In July

Having suddenly dropped 6.8 percent in June to the slowest pace in seven months, the seasonally adjusted pace of new single-family home sales in the U.S. gained 5.4 percent in July. At a rate of 507,000 annual sales, the current pace is 25.8 percent higher than at the same... Read More »

The Infamous “G” Slashes Infinity Penthouse Price By 27 Percent

The Infamous “G” Slashes Infinity Penthouse Price By 27 Percent

While it was never officially listed on the MLS, the infamous Gurbaksh Chahal (a.k.a. “G”) has been trying to unload his 3,355 square foot penthouse unit #37B atop the Infinity at 301 Main Street for $12 million, as we first reported in April. And last night, the penthouse was... Read More »

Bay Area Condo Values Slip, Single-Family Home Values Tick Up

Bay Area Condo Values Slip, Single-Family Home Values Tick Up

Single-family home values within the San Francisco Metropolitan Area gained 0.4 percent in June while condominium values slipped 0.5 percent, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is currently running 9.5 percent higher on a year-over-year basis. And having gained... Read More »

It Was Black Monday In China And U.S. Markets Sang The Blues  

China’s benchmark Shanghai Composite Index tumbled 8.5 percent today and the U.S. markets followed suit, with the Dow Jones Industrial Average shedding 3.6 percent to 15,871.35 and the S&P 500 closing at 1,893.21, down 3.9 percent for the day and a technical correction of 10 percent over the past... Read More »

Twelve New Condos And One Less Gas Station As Proposed

Twelve New Condos And One Less Gas Station As Proposed

As proposed, the 76 station on the southwest corner of Lawton Street and 42nd Avenue in the Outer Sunset will be razed for a four-story development with twelve condos to rise. As designed by Ian Birchall and Associates, while the development would share a common backyard over the garage,... Read More »

The New Ninth

The New Ninth

The New Ninth Street LLC has submitted plans to build nine apartments above and behind the existing two-story building at 237 9th Street in Western SoMa. As proposed, three new floors and five residential units would be added above the commercial and office spacing fronting 9th Street, while a... Read More »

New Plans And Timing For An 18-Story Berkeley Tower

New Plans And Timing For An 18-Story Berkeley Tower

The designs for an 18-story building with over 300 apartments proposed to rise at 2211 Harold Way in Downtown Berkeley have been refined anew, shifting the building mass to address “urban design concerns about views” and adding a bit more glass, and removing balconies, for contrast. Fronting Harold Way,... Read More »

Potrero Hill’s Future East Slope And Serpentine Steps

Potrero Hill’s Future East Slope And Serpentine Steps

As we first reported last month, the development team behind the proposed 251-unit Potrero Hill development to rise below the 33-acre Potrero Terrace public housing site that’s to be rebuilt is aiming to secure approvals for the 1395 22nd Street project by the end of the year. If successful... Read More »