The Taipei Economic and Cultural Office has acquired the recently-completed seven-story building at 345 4th Street in SoMa, San Francisco. The nearly $53 million sale will facilitate TECO-SF’s move out of their current Downtown location by the Transamerica Pyramid and Chinatown at 555 Montgomery Street. 4th & Harrison SF, LLC, linked with the Newport Beach-based Tarsadia Investments, is listed as the project sponsor.
Construction has started for the new eight-story affordable housing project by Mercy Housing at 600 7th Street in SoMa, San Francisco. The development, named 7th and Brannan, will add 221 new apartments near the Caltrain San Francisco Station railyard and T Third Street lightrail extension connecting SoMa to Union Square and Chinatown. Over half of the apartments will be designated for formerly homeless adults and families.
Plans have been approved for a nine-story residential infill at 1010V Mission Street in SoMa, San Francisco. The plans will create 57 apartments, including some affordable housing between Mission and Market Street. Vanguard Properties is listed as the property owner.
The preliminary project application has been filed for a 46-story residential tower at 636 4th Street in SoMa, San Francisco. The proposal uses the State Density Bonus to include 522 new homes above retail. Detailed renderings have yet to be released.
New plans have been filed with even more housing for 1401 Folsom Street in SoMa, San Francisco. The proposal has now been increased from seven to ten floors high, with 94 apartments. RG Architecture is responsible for the design.
