Development permits have been filed seeking the approval of a new four-story over-the-basement light industrial building at 2741 16th Street in Mission District, San Francisco. The project proposal includes the demolition of an existing surface-level parking lot and constructing the commercial building. Ridge Capital Investors, LLC is the owner and Perkins & Will is the architecture managing the design concept and construction.
2741 16th Street Sections via Perkins & Will
The 40 foot tall building will consist of 81,580 square feet of space for laboratory use. A 45-space parking garage will be provided at the basement level, accessible from 17th Street. The project also proposes a single-story vertical addition to the existing three-story building fronting 16th Street consisting of 7,600 square feet of new laboratory space. Courtyard landscaping would be provided in between the two buildings.
2741 16th Street Floor Plan Level 1 via Perkins & Will
A lot split will be pursued to establish a separate lot for each building. The parking lot will be demolished. The total area of the site is 39,550 square feet. The property frontage overlooks both 16th and 17th Streets; a commercial building at its 16th Street frontage and a surface parking lot at the rear and fronting 17th Street.
2741 16th Street Elevations via Perkins & Will
The estimated cost of construction is $30 million. The estimated date of completion has not been announced yet.
The property is located in Mission District on 16th street and is well-serviced by MUNI bus lines 9, 14, 22, 27, and 49.
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Makes you wonder if the city should make plans to abandon Treat Ave at some point. It’s pretty useless as a street, functioning mainly as a glorified parking lot. Not like the railroad is going to be restored.