Chef Pushing Forward with Plans for Former Oakland Fire Station

Chef Pushing Forward with Plans for Former Oakland Fire Station

An Oakland-based chef and restaurateur is close to closing escrow on the purchase of the former City of Oakland Fire Station No. 14 at 3455 Champion Street, around the corner from MacArthur Boulevard. And as proposed, Dominica Rice-Cisneros (think Cosecha Café) is planning to convert the Diamond District building... Read More »

Challenge of Elbo Room Redevelopment Slated to Fail

Challenge of Elbo Room Redevelopment Slated to Fail

The building permits for the proposed three-story addition and residential conversion of the two-story Elbo Room building at 645-647 Valencia Street have been requested and triaged. And the formal challenge filed by the owners of the 3-unit building behind the bar who were seeking to force a major redesign... Read More »

Pricing for New Condos in S.F. Slips along with Sales and Inventory

Pricing for New Condos in S.F. Slips along with Sales and Inventory

While sales activity for new condos in San Francisco doubled from April to May with seasonality in play, versus tripling from April to May last year, the number of purchase contracts signed last month (73) was 36 percent lower on a year-over-year basis, according to sales data from The... Read More »

Expansion of Sprawling City Center Complex Slated for Approval

Expansion of Sprawling City Center Complex Slated for Approval

With Target breathing new life into the sprawling 6.6-acre City Center complex at the intersection of Geary and Masonic, plans to add another 33,000 square feet of retail space have been drawn and could be approved by San Francisco’s Planning Commission next week. Built for Sears in 1961, with... Read More »

Bay Area Employment Slips, Trending Down in S.F. and Alameda

Bay Area Employment Slips, Trending Down in S.F. and Alameda

On the heels of the weakest first quarter for employment growth since 2009, the number of people living in San Francisco with a job dropped by 1,100 in May to 542,600 versus ticking up by 800 in May of last year and 2,600 in May of 2015. But with... Read More »

Linea One-Bedroom Fetches 2014 Price

Linea One-Bedroom Fetches 2014 Price

Purchased for $773,000 or roughly $1,066 per square foot in March of 2014, the “ultra modern” one-bedroom plus den unit #309 at 8 Buchanan Street (a.k.a. Linea) returned to the market priced at $898,000 or roughly $1,239 per square foot last year, a sale at which would have represented... Read More »

Refined Designs for Building Five Stories behind 21st Amendment

Refined Designs for Building Five Stories behind 21st Amendment

Responding to feedback from San Francisco’s Architectural Review Committee, Sternberg Benjamin has refined the plans for a five-story building with a 22,631-square-foot gym on the ground floor and 49,840 square feet of office space above to rise on 77-85 Federal Street parcel, behind the 21st Amendment Brewery and Restaurant.... Read More »

Plans for a Moxy Hotel to Rise in North Beach Back in Play

Plans for a Moxy Hotel to Rise in North Beach Back in Play

Having effectively been on hold for a couple of years, plans to raze the former Tower Records Annex turned bike rental shop run by Sports Basement at 1196 Columbus Avenue and build a 75-room Moxy Hotel upon the North Beach site are back in play. As designed by Stanton... Read More »

The Fed Raises Rates, Signals Another Hike This Year

As predicted, the Federal Reserve just raised the benchmark Federal Funds rate, upping its target range by 0.25 percent (25 basis points) and signaling expectations for another quarter-point increase by the end of the year. The Fed dropped the benchmark rate 5 percentage points between August of 2007 and... Read More »

Mission District Parking Lot on the Market Touting Potential

Mission District Parking Lot on the Market Touting Potential

While plans for the Mission District parking lot parcel on the southeast corner of South Van Ness Avenue and 15th Street have yet to be drafted, much less formally proposed or approved by the City, the 7,122-square-foot parcel is now on the market with a $5.95 million price tag... Read More »