Oscar James Residences has officially opened its doors at 151 and 351 Friedell Street in San Francisco’s Hunters Point Shipyard. The project team and public officials gathered late last week to celebrate the completion of over a hundred affordable units across two five-story buildings. Jonathan Rose Companies and Bayview Senior Services are jointly responsible for the development.
Jonathan F.P. Rose, President of Jonathan Rose Companies, shared at the ribbon-cutting event that the “Oscar James Residences, developed in partnership with Bayview Senior Services, embodies the kind of purpose-driven development that is essential for the revitalization of neighborhoods.”
Oscar James Residences ribbon-cutting ceremony, image courtesy project team
Cathy Davis, Executive Director of Bayview Senior Services, added that “to see it finally come to fruition in the Shipyard is a great boost for the community and we are honored to be able to name it after Oscar James, a living example of community work in action.”
Of the 112 apartments, there will be 49 one-bedrooms, 31 two-bedrooms, 23 three-bedrooms, eight four-bedrooms, and one five-bedroom unit. The units are designated as affordable to families earning between 30% and 50% of the area’s median income.
Mithun is the project architect, working with general contractors Baines Group Inc. and Nibbi. John Stewart Company will act as the property manager.
Hunters Point Shipyard Block 54, rendering by Mithun
Hunters Point Shipyard aerial view with Blocks 52 and 54 property outlined in yellow
The development cost $132.9 million, with nearly half of the financing provided by the state’s Office of Community Investment and Infrastructure.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Almost 1.2 mil per unit?
SF gives a over billion a year to various non-profits, which we know are filled with grift and fraud. How about we spend $500M/year of that money on buildings like this, create a neighborhood of high quality, low-income housing in Hunter’s Point / Candlestick, and move the thousands of people into those buildings and out of terrible SRO apartments in the TL and Soma. Every city has has poor people, but SF gives itself a huge headache by having these SROs directly in the middle of downtown!