Construction is moving forward quickly for the Ventana Residences at 99 Ocean Avenue in Balboa Park, San Francisco. The team is expecting to open the site by March of 2023, becoming the largest HOME-SF Project built in the city. Speaking with YIMBY, Presidio Bay Ventures Managing Director Cyrus Sanandaji shared how the firm achieved this and why Ventana could not be repeated now.
99 Ocean Avenue
Construction has topped out for 99 Ocean Avenue, a six-story residential infill in Balboa Park, San Francisco. The project, dubbed Ventana Residences, will soon open with 193 new homes as the largest project built using the HOME-SF affordable housing development program. Presidio Bay Ventures is the project developer.
Recently filed excavation permits show new movement for the 193-unit residential development planned for 65 Ocean Avenue in Mission Terrace, San Francisco. 48 units will be sold as affordable housing. The six-story building takes shape on top of a sloped irregularly shaped 40,500 square foot parcel. Presidio Bay Ventures is responsible for the development.