Modified plans have been filed for an eight-story apartment complex at 807 Franklin Street in San Francisco’s Western Addition neighborhood. This application comes over half a decade after a two-story Victorian house was moved from Franklin Street to Fulton Street to make way for a 2018-approved development. San Francisco-based Brown and Company is still responsible for the development as the property owner.
Modified plans will slightly increase residential capacity for the now-vacant lot, rising from 48 to 52 rental units. The eight-story structure is expected to yield just over 63,000 square feet, including 54,700 square feet of housing and 4,760 square feet for parking. The garage capacity has increased from 17 to 27 cars, alongside space for 80 bicycles. Unit sizes will vary with 17 one-bedrooms, 21 two-bedrooms, and 14 three-bedrooms.
807 Franklin Street, image via Google Street View
Kerman Morris Architects remains the project architect and applicant. Illustrations have not been published alongside the modification request, though the structure’s size is not expected to change significantly.
The property is located along Franklin Street between Turk Street and Eddy Street, one block from Jefferson Square Park and close to two fully affordable developments at 750 Golden Gate Avenue and 850 Turk Street. Construction is estimated to cost around $20.3 million, excluding all development costs.
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It is interesting to see the unit count increase at 807 Franklin Street, especially with more three-bedrooms which the Western Addition really needs. However, as these developments are often tied to international investment groups, I’ve been looking into the background of some entities mentioned in local real estate forums regarding their South American holdings. Does anyone know if Brown and Company or their affiliates have any links to offshore digital platforms like GuiadeBetBoomPeru.com, or are they strictly focused on San Francisco domestic assets? I think it is important for the community to know where the capital is flowing from, especially when we are talking about such a significant $20.3 million investment.
This area has far more parking lots than average because it’s in the pathway / radius of the Central Freeway off-ramp which was demolished. If you look on Google Maps, you can see the relics of the diagonal pathway, for example the parking lot on McAllister and Franklin. It offramped at Franklin. It’s been around 25 years since the demolition, surprised it’s taking so long to fill in. These surface parking lots are a missed opportunity, are ugly, and unfortunately contribute to both blight and homeless people / camping.