Construction has started for two affordable housing complexes rising on Transbay Block 2 in East Cut, San Francisco. While site work has been active since the start of this year, its official groundbreaking ceremony was held late last month. Once complete, the block will add 335 new apartments in the high-rise neighborhood by Rincon Hill.
Concrete has topped out with facade installation underway for the eight-story affordable housing complex at 730 Stanyan Street in Haight-Ashbury, San Francisco. The white and gray precast panels showcase the design from the influential architecture studio, OMA. Once complete, there will be 160 new permanently affordable apartments, retail, community space, and a childcare facility next to Amoeba Music, Whole Foods, and Golden Gate Park.
The State of California has helped secure new funds for 1515 South Van Ness Avenue in San Francisco’s Mission District. The Department of Housing and Community Development has awarded $37.9 million towards a 168-unit affordable housing proposal for the vacated site. Chinatown Community Development Center and the Mission Economic Development Agency are jointly responsible for the project.
The San Francisco Board of Supervisors is scheduled to vote later today to provide a $115.8 million construction loan for affordable housing at Transbay Block 2 East. The proposal is expected to rise 17 stories tall and bring 184 below-market-rate rental apartments to 200 Folsom Street in the heart of the densely-developed Transbay neighborhood. Mercy Housing is the project sponsor.
Preliminary plans have been filed for an eight-story affordable housing project at 125 East 12th Street in Merritt, Oakland. The proposal would rise next to East Bay Asian Local Development Corporation’s approved plans for affordable housing at 121 East 12th Street. Satellite Affordable Housing Associates is leading the project and working with co-developer Eastlake United for Justice.
