The San Francisco Planning Department is starting to circulate public notices regarding the mid-June meeting for the 27-story proposal for 469 Stevenson Street in SoMa, San Francisco. The proposal hopes to utilize the State Density Bonus program to create nearly five hundred apartments, of which a portion will be affordable. San Francisco-based BUILD is the project developer.
469 Stevenson Street will rise from a 28,790 square foot parcel currently occupied by surface parking. The tower is expected to top out at 284 feet tall, or 274 feet to the rooftop, and yield a total of 534,870 square feet, of which 425,640 square feet are for residential use and 3,990 square feet for retail. The three basement levels will produce 77,430 square feet, a portion for the 178-vehicle garage. Additional space will be added for parking 227 bicycles.
The proposal would add 495 new apartments to the San Francisco housing market, of which 73 will be priced below market rate for households earning between 50% to 110% of the area median income. Unit sizes vary with 192 studios, 149 one-bedroom units, 96 two-bedroom units, 50 three-bedroom units, and eight five-bedroom condominiums.
Residential amenities will include a solarium lounge, fitness center, and common open space area at ground level. 22 units will include access to a private open space balcony on levels two, six, and 27.
The prolific Solomon Cordwell Buenz architecture firm is behind the design. The facade material takes inspiration from the copper rivets on Levi’s, a company founded and headquartered in San Francisco since 1853, just a few years after California formally entered the United States. The building is clad with copper-tone metal panels between floor-to-ceiling windows to provide ample natural lighting for every unit.
The Miller Company is responsible for Landscape Architecture. The street planters will include Maidenhair Tree and blue glow agave, while the podium courtyards will showcase Japanese Maple, sedge, and ferns, among other local plants.
The project is expected to cost over $130 million according to a 2018 estimate, with construction lasting around 25 months. A timeline has not yet been established since it depends largely on the city’s approval process.
The Planning Commission hearing date is to be held June 10th at 1 PM.