The 440-foot tower at 500 Folsom Street is tied with two other structures as the 43rd tallest building in the Bay Area, located in SoMa, San Francisco. 500 Folsom Street, also known as Transbay Block 9, was between 2016 and 2019 to contribute housing and retail. The project was developed by the Real Estate Investment Trust Essex, TMG Partners, and BRIDGE Housing.
Construction is expected to start soon for phase two of Potrero HOPE SF, a development plan to replace 619 affordable units with 1,700 new residences, of which 819 will be sold below-market-rate. The developers have already finished phase one, and they tell SFYIMBY construction will start this month on phase two, including 1801 25th Street in Potrero Hill, San Francisco. BRIDGE Housing is developing the project, with the San Francisco Housing Authority as the property owner.
San Francisco Mayor London Breed has announced that the 140-unit development at 410 China Basin Street, dubbed Mission Bay Block 9 in San Francisco’s Mission Bay neighborhood, has broken ground. Prefabricated units will be used for the construction to expedite the process. Completion is expected by late 2021. Once complete, the project will provide residence to people experiencing homelessness.