A permit application reveals that JS Sullivan Development has requested a project review meeting to explore preliminary plans for 300 5th Street in SoMa, San Francisco. This follows the story from August 2021 by the Registry, reporting that Realtex Group is looking to sell the fully approved and entitled 130-unit rental project. For now, the application is a preliminary step to receive feedback from the planning department.
After being reached for comment, JS Sullivan shared with SFYIMBY that no more information is available to share. The meeting request is a first step toward starting the project application process, and Realtex Group has not yet sold the property.
The Wong Family Trust is currently listed as the property owner. The plans received approval using the streamlined Housing Sustainability District process, ensuring a quicker process from proposal to construction.
The new proposal will not look to change the project height of around 160 feet above street level or the 1,140 square feet of commercial area. Given the area’s prime location and access to public transit, including BART’s Powell Station just three blocks away, no vehicle parking will be included.
JS Sullivan hopes to change the project from offering rental units to condos for ownership. The total count will be reduced from 130 to around 118. Of the 118 units considered, there are 21 studios, 47 one-bedrooms, and 50 two-bedrooms. San Francisco’s zoning code requires affordable housing for developments of a certain size.
Changes will also be explored in the facade design, though a new rendering or information about the project architect has not been released.
The property is at the corner of 5th and Folsom Street, with Harrison Street to the southeast and 6th Street to the southwest. The building will rise nearby 5M by Brookfield and Hearst, and a block away from the stalled site for 360 5th Street, where Trammell Crow plans to build 127 new homes, retail, and PDR space with design by KTGY Architects.
Updates for 300 5th Street are expected to come by mid-2022. An existing gas station will be demolished to create the over one hundred new homes.