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.
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.
Permits are filed for an expansion of office space at 153 Townsend Street in China Basin, located just out of downtown San Francisco. The permit calls for the interior renovation of the structure. Plans are for the replacement of parking levels on the third and fourth floors of the building. These parking levels with be replaced with office space. With the renovation, a total of 198 parking spaces will be removed, while 170 remain.