Construction has started for the eight-story affordable infill at 400 China Basin Street in Mission Bay, San Francisco. The project is expected to open 148 new condominiums for sale by 2024, overlooking the rising Mission Rock neighborhood. Mithun is responsible for the design.
Mission Bay Block 9A is a joint venture of Curtis Development, Michael Simmons Property Development, and YCD, i.e., Young Community Developers operating through China Basin Partners LLC.
The 85-foot tall structure will yield nearly 200,000 square feet. Unit sizes will vary with 50 one-bedrooms, 63 two-bedrooms, and 35 three-bedrooms. The condominiums will be designated as affordable for households earning between 80-110% of the Area Median Income. Parking will be included for 34 cars and 76 bicycles.
Residential amenities include a community room, fitness center, children’s entertainment space, yoga lounge, two outdoor terraces, and a business center. Once complete, the building will have certain resource-efficient elements such as all-electric power, solar panels, a facade that helps reduce energy needs, and low-vehicle capacity to promote pedestrian use.
The project design is an infill-style apartment clad with painted cement plaster, perforated aluminum sunshades, metal panels, exposed concrete slabs, and board form concrete. Interior ceilings will be layered with pale wood panels, creating a spacious ambiance. A street-level green wall will face the public park along Terry A. Francois Boulevard.
The project is part of the 303-acre Mission Bay master plan, which has created a new high-density neighborhood with a strong economic foundation with the UCSF medical campus, life science offices, and the Chase Center.
Construction is expected to cost $91 million. Nibbi is the project’s general contractor. Completion is expected by early 2024.
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More affordable housing is good. Why was so much extra expense for the “parking included for 34 cars”?