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.
Construction work has topped out on the Balboa Park Upper Yard affordable housing project at 2340 San Jose Avenue in San Francisco’s Outer Mission. The construction has replaced a surface parking lot and former rail yard across from a BART and Muni station with a 90-foot tall infill with over a hundred affordable housing units. Both the Mission Housing Development Corporation and Related Companies are responsible for the development.
The San Francisco Planning Commission is scheduled to review plans for a five-story residential infill nearby BART in Balboa Park, San Francisco. The project makes use of the State Density Bonus program to propose 35 new units with some affordable housing. City staff has recommended the commission approve the application with conditions.
Groundbreaking has officially occurred for the nine-story Balboa Park Upper Yard apartment building, a transit-oriented development poised to create new affordable residences in the Outer Mission area of San Francisco. The proposal would produce 131 new homes for the housing-strapped city right next to the Balboa Park BART station. Mission Housing Development Corporation and the Related Companies are responsible for the development.