An extension request has been filed for the proposed redevelopment of 130 Townsend Street in SoMa, San Francisco. The five-story office project, named Ampersand, was approved in 2021, but developer Presidio Bay Ventures hopes to extend the approval’s expiration date for another three years, still hoping to develop the centrally located parcel.
Plans continue to progress for Ampersand, the commercial redevelopment of 130 Townsend Street in SoMa, San Francisco. The project developer, Presidio Bay Ventures, has recently submitted the Monitoring Conditions and Mitigation Measures application in a signal that the ministerial process is nearing completion.
Development permits were submitted seeking the approval of constructing a five-level office building at 130 Townsend Street in South Beach, San Francisco. The project proposal includes a vertical addition to the existing structure featuring retail space on the ground floor and a new building that will allow for a five-level mixed-use building. The addition proposes 34,120 square feet of office space and 2,353 square feet of retail space on the ground floor.