Construction is moving along for one of the more eye-catching construction projects in the city, the Serif and The Line Hotel at 950 Market Street in the Tenderloin, San Francisco. L37 Partners is responsible for the development.
Preliminary project assessment permits have been filed to review a seven-story mixed-use development of 955 Sansome Street, located on the Financial District’s border in Telegraph Hill, San Francisco. The proposal will bring offices and an L-shaped footprint for apartments around a fourth-story courtyard. Aralon Properties is sponsoring the development as the property owner, operating through 955 Sansome LLC.
Permits are currently under review for the renovation and transformation of San Francisco’s I. Magnin Building at 233 Geary Street, in the Tenderloin. The plans change the building from a Macy’s department store into a mixed-use building with apartments, expanded offices, and retail. The 1946-era stone facade will receive a few significant alterations, including prominent new window accents, updated street cladding, and a curtainwall wrap along the top level. The structure overlooks the festive Union Square and the Macy’s Christmas Tree, with some of the city’s highest foot traffic for shopping and sightseeing. Sand Hill Property Company are the developers following the $250 million sales in January 2019.
Construction of the thirteen-story mixed-use tower at 1001 Van Ness Street, San Francisco, has topped out as the facade nears completion. We last covered the site in early October, when the concrete structure was just eight stories high, and the first facade panels were installed. Designed by Handel Architects, the building will bring a new center for assisted senior living along the city’s fast-developing Van Ness corridor and the Fillmore District. Related Companies and Atria Senior Living are managing the development through a joint venture.
New building permits have been filed for a nine-story mixed-use building at 321 Florida Street in the Mission District, San Francisco. Led by DM Development, the project will replace surface parking with 168 new apartments and ground-floor retail. 31 affordable units will be included thanks to the State Density Bonus program, first passed in 1979, with several amendments since. Construction is expected to cost $42 million, with DM Development in charge of the project.
