New building permits have been filed for a new mixed-use project proposed for development at 5250 3rd Street in Bayview, San Francisco. The project proposal includes the construction of a seven-story mixed-use offering residential and retail spaces.
The Toboni Group (501c3; The Affordability Project) is responsible for the development. Leavitt Architecture is responsible for the design.
The project will bring 100 units, available at market and affordable rates for local teachers, nurses, and other middle-income professions. The residences will be offered as a mix of 17 studios, 37 one-bedroom units, 21 two-bedroom units, and 25 three-bedroom units with a variety of sizes. The building will rise to a height of 65 feet and yield a total built-up area of 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 designed for 105 bicycles. A total of 70 of the units will be rented as affordable housing, and 30 units at market rate.
Latest renderings showcase fewer windows along the northern facade to provide more privacy with an adjacent proposed four-story and six-story building, the Third and Thornton, a 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. The estimated construction timeline has not been announced yet.