The proposal for an eight-story mixed-use building at 955 Post Street is heading to the San Francisco Planning commission today at 1:00 PM. Developers hope to bring sixty-nine new residential units in the Polk Gulch neighborhood, of which seventeen will be sold as affordable housing. 955 Post LLC is responsible for the development.
Permits have been filed to erect a 40-foot tall industrial building at 10 Heron Street in SoMa, San Francisco. The scope of work includes demolishing a 1-story industrial building and replacing it with a 4-story mixed-use building. The construction will consist of commercial space on the ground floor, eleven residential units, and on-ground parking for two automobiles. RG Architecture is managing the project.
A recent site visit by SF YIMBY has shown that the fourth and final expansion of the Trinity Place residential block in SoMa is nearly complete. The exterior has been almost entirely sealed up for 1177 Market Street, though scaffolding remains in the Market street portal through the building to the courtyard. Whole Foods will be an anchor tenant for the project, opening up its largest store in the city. San Francisco-based Trinity Properties is responsible for the development.
Singapore’s Ascendas Real Estate Investment Trust, or Ascendas REIT, recently purchased two buildings in San Francisco for $572 million. Alexandria Real Estate Equities (ARE) and TMG Partners are on the other end of the move, parting with their partnered ownership of 505 Brannan Street and 510 Townsend Street in the SoMa neighborhood. This transaction follows the pair’s recent success in selling the 945 Market Street mall to Ikea. The deal marks Ascendas’ introduction to the Bay Area real estate market.
A new 6-story building will be constructed on 2976, Mission Street, San Francisco, creating 8 new residential units. The proposal includes demolition and new construction of a mixed-use building with commercial space at the ground floor. The existing 2 story story facade will be maintained, refurbished, and incorporated into the new construction. Elevation Architects is managing the project.
