Fate of development incentives on hold until February
...The commission ultimately voted 4–2 to continue the item to Feb. 25, more than a month earlier than the April date recommended by staff. The program would provide incentives for developers of projects with at least five units, primarily in areas zoned as neighborhood commercial districts, to build at least 30 percent of the units as below–market–rate. In return, developers could build up to two additional stories as well as other incentives.CONTINUE READING ON SF EXAMINER...
DEVELOPMENT PIPELINE
Downsized Mid-Market Development Closer to Reality
With new plans in hand for a downsized development which will cover half the triangular Mid-Market block bound by Market, Turk and Taylor, while leaving The Warfield and Crazy Horse Theater buildings in place, Group I’s proposal for a 12-story building to rise at 950 Market Street is closer to reality, having just been granted a Preliminary Mitigated Negative Declaration with respect to its expected environment impactCONTINUE READING ON SOCKETSITE...
Contested Waterfront Development Survives Challenges
The multiple appeals which aimed to overturn the City’s approval of a 220-foot building to rise at 75 Howard Street, with 133 luxury condos over a restaurant, café and underground ‘parking vault’ for 100 cars, were all denied by San Francisco’s Board of AppealsCONTINUE READING ON SOCKETSITE...
Lombard Street Fixture Shuttered, to Be Razed for Condos to Rise
...plans to raze the KFC and construct a five-story building with nine two-bedroom condos over 3,000 square feet of ground floor retail space and an underground garage for 12 cars, which is included in the story count, are in the works but have yet to be permitted or approved.CONTINUE READING ON SOCKETSITE...
Revealed: New Renderings For Former Home Space At Church & Market
Now, ahead of next week's Planning Commission hearing, here are Arquitectonica's most up-to-date plans for the seven-story mixed-use building slated for Church & Market's northwest cornerCONTINUE READING ON HOODLINE...
Chinese developer's designs for S.F.'s third-tallest skyscraper take shape
The First and Mission towers will also have a mix of residential apartments, office space and a hotel. The taller tower facing First Street will have 1 million square feet of office space and 109 units of housing. The 600-foot tower on Mission Street calls for a 169-room hotel at the base of the building, topped by 156 residential units. CONTINUE READING ON BUSINESS TIMES...
SELLING/LEASING
ETCETERA
Berkeley’s Rosen Says Bay Area CRE Market Remains Rosy Despite Rocky Start
...Rosen, chairman of Berkeley-based Rosen Consulting Group and also chairman of the Fisher Center for Real Estate and Urban Economics at UC Berkeley’s Haas School of Business, called San Francisco and Silicon Valley “the fastest growing region worldwide, basically the center of the universe”CONTINUE READING ON THE REGISTRY...
The Top 10 Emerging Trends Shaping Real Estate in 2016
... According to the 2016 Emerging Trends in Real Estate, which was just released by the Urban Land Institute, the outlook for the next 12 months is rosyCONTINUE READING ON CURBED...
HSBC curbs mortgage offering to Chinese citizens in U.S.
...it would affect Chinese nationals holding temporary visitor 'B' visas if the majority of their income and assets are maintained in China. CONTINUE READING ON REUTERS...
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