Impact of Another Mega-Development about to Be Assessed

Impact of Another Mega-Development about to Be Assessed

With the adjacent Pier 70 project having been approved, the preparation of the required Environmental Impact Report (EIR) for the even larger Potrero Power Plant site project, the preliminary plans for which we first revealed a couple months ago, is about to get underway. As envisioned by the development... Read More »

Mid-Market Hotel Closer to Reality and Planning Has a Concern

Mid-Market Hotel Closer to Reality and Planning Has a Concern

Having received an exemption from having to complete a resource intensive environmental impact report, and with some confusion as to the historic merits of the existing, versus previous, Kaplan’s Surplus store building on the Mid-Market site having been resolved, the plans for a 10-story hotel to rise at 1055... Read More »

Big Development Prevails but Battle Isn’t Over

Big Development Prevails but Battle Isn’t Over

Approved by San Francisco’s Planning Commission last year, the 395-unit development designed to rise up to six stories in height at 16th and Mississippi, and up to four stories along 17th Street, in Lower Potrero Hill, with a total of 25,000 square feet of retail space and parking for... Read More »

Boutique SoMa ‘Penthouse’ Fails to Fetch 2015 Price

Boutique SoMa ‘Penthouse’ Fails to Fetch 2015 Price

Purchased for $975,000 in March of 2015 when listed for $895,000, touting an “excellent SoMa location in close proximity to uber techie Mid-Market, and across street from soon to come 350-8th Street with new restaurants, cafes and retail options,” the “penthouse” unit #3 at 56 Ringold Street... Read More »

Bay Area Home Sales Take a Hit, Down over 30 Percent in SF

Bay Area Home Sales Take a Hit, Down over 30 Percent in SF

The number of single-family homes and condos that traded hands across the greater Bay Area in September dropped an above average 13.6 percent from August (8,490) to September (7,338) and were 7.5 percent lower versus the same time last year and a three-year low for September. And in San... Read More »

Luxury One-Bedroom Fetches 0.8 Percent over Late 2015 Price

Luxury One-Bedroom Fetches 0.8 Percent over Late 2015 Price

Purchased for $1.25 million in December of 2015, the 941-square-foot Lumina unit #7E returned to the market priced at $1.359 million this past September, a sale at which would have represented total appreciation of 8.7 percent since the end of 2015 or roughly 4.9 percent per year on a... Read More »

Bad News for Hemlock as Plans for Development Move Forward

Bad News for Hemlock as Plans for Development Move Forward

Plans to level the three-story building which stretches from Hemlock to Sutter, on the west side of Polk Street, and develop a six-story building with 54 apartments averaging around 500 square feet apiece over three ground floor retail spaces and a basement garage for 26 cars are moving ahead.... Read More »

Former Yahoo CEO’s Mid-Century Modernized Home Fetches $18.6M

Former Yahoo CEO’s Mid-Century Modernized Home Fetches $18.6M

A true Mid-Century Modern home designed by John Cooper Funk was constructed on the 12-acre Los Altos Hills parcel at 12950 Robleda Road back in 1955. Listed as an implied tear down for $7.5 million in 1999, with approved plans for a contemporary 8,000-square-foot home and touting the “value... Read More »

$80M Affordable Development Ready to Rise in Mission Bay

$80M Affordable Development Ready to Rise in Mission Bay

A 75-year ground lease for the eastern half of Mission Bay Block 3 which fronts Third Street, between Mission Rock and Long Bridge, is slated to be approved next week. Financing is expected to be funded next month. And the construction of a five-story building with 119 below market... Read More »

Giants’ Development Pushed Back, Anchor Dropped from Plans

Giants’ Development Pushed Back, Anchor Dropped from Plans

The San Francisco Giants have pushed back the anticipated ground breaking for the first phase of their proposed Mission Rock Development to rise on AT&T Park’s Parking Lot A to “as early as 2019” or “as late as 2027.” And the Giants’ proposed redevelopment of Pier 48, upon which... Read More »