New renderings and update plans have been filed for the seven-story residential infill at 5250 Third Street in Bayview, San Francisco. The project will create a hundred rental units with affordable units for local teachers, nurses, and other middle-income professions. The Toboni Group is responsible for the development.
The 65-foot tall structure will yield 70,680 square feet with 66,130 square feet for residential use and 7,580 square feet of useable open space. On the rooftop, 3,300 square feet will be conditioned for solar panel installation. Parking will be included for 105 bicycles. The apartments will range in size for a variety of household sizes. There will be 17 studios, 37 one-bedroom units, 21 two-bedroom units, and 25 three-bedroom units. According to the recently submitted project profile, 70 of the units will be rented as affordable housing, and 30 units at market rate.
The proposal benefits from the Home SF program through tier 3. The program allows Toboni Group to increase density, build above the neighborhood height limit, and add middle-income housing to the city.
Leavitt Architecture is responsible for the design. New renderings show fewer windows along the structure’s northern exposure to provide more privacy with an adjacent proposed four-story and six-story building, the Third and Thornton mixed-use development by US Trading Company with design by Mavrik Studio.
The property sold in July of 2020 for $3 million, while the construction job is expected to cost $17.4 million.