Increased plans have been filed for the empty lot at 344 14th Street in San Francisco’s Mission District. The eleven-story project will now add over a hundred rental units more than the plans YIMBY covered in late 2020. MX3 Ventures is the project applicant.
BAR Architects is responsible for the design. Aside from scale, the design for 344 14th Street is practically identical to the 2020 application. Facade materials include cement plaster, ceramic tiles, tan brick veneer, and metal panels. Residents will get access to a ground-level courtyard and two outdoor decks on levels eight and nine.
The 117-foot tall structure will yield 127,960 square feet for housing and 4,400 square feet for retail. Unit sizes will vary, with 99 studios, 31 one-bedrooms, and 34 two-bedrooms. Parking for 118 bicycles and no cars will be included, a decision that will support public transit, reduce congestion, and be more environmentally friendly.
Of the 164 units, 26 will be designated as affordable. The inclusion of affordable housing for low-income and very-low-income residents allows the developer to utilize Assembly Bill 1287. AB 1287 will let the project stack density bonuses. For 344 14th Street, MX3 Ventures will get a 100% density bonus, increasing the potential housing for the site from its base allowance of 82 units.
The 0.36-acre property is located along 14th Street between Mission and Valencia Street, directly across from the San Francisco Armory. The 16th Street BART Station is just two blocks away, connecting residents with the region. The existing parking lot at 1463 Stevenson Street will remain, providing space for 24 cars.
City records show the property last sold in late 2015 for $4.85 million. Construction is expected to cost around $35 million and last between 16 and 18 months from groundbreaking to opening.