Construction is expected to start by mid-July of this year on the eight-story affordable housing project at 600 7th Street in SoMa, San Francisco. The expanded plans now produce 221 new affordable homes, over half of which will be for formerly homeless adults and families. Mercy Housing is responsible for the development as the property owner.
Brookfield’s 5M is officially open. The ribbon-cutting event was held yesterday, with San Francisco Mayor London Breed and other speakers in attendance. For over a decade, the project has been in the works to replace four acres of surface parking with the city’s newest office tower, a 302-unit apartment complex, a park, and adaptive reuse of historic buildings. 5M, named for the adjacent intersection of 5th and Mission Street in SoMa, is a joint development with Brookfield and Hearst.
Building permits have been filed for the estimated $105 million reskinning and renovation of 77 Beale Street, to be renamed 200 Mission Street, in Hines’ headline-grabbing plan for the Atlas Block Campus in SoMa, San Francisco. Along with building permits, planning documents reveal new imagery and programming details for the mixed-use project. The Atlas Block includes the dynamic Foster + Partners-designed facade for 50 Main Street, the potential second tallest building for the Bay Area.
Ingka Centres is starting construction on the new IKEA to open at 945 Market Street in SoMa, San Francisco. The new location is part of the company’s move away from warehouse stores to urban-center retail with delivery. GreenbergFarrow will be the project’s architect and structural engineer.
A permit application reveals that JS Sullivan Development has requested a project review meeting to explore preliminary plans for 300 5th Street in SoMa, San Francisco. This follows the story from August 2021 by the Registry, reporting that Realtex Group is looking to sell the fully approved and entitled 130-unit rental project. For now, the application is a preliminary step to receive feedback from the planning department.
