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.
Construction is moving quickly for the dense residential complex rising at 555 Bryant Street in SoMa, San Francisco. A recent site visit by YIMBY shows concrete has reached the 11th story, and crews have started facade installation. Strada Investment Group is the project developer, and Swinerton is the general contractor.
Development permits have been filed seeking the approval of a residential project proposed at 1256 Howard Street in SoMa, San Francisco. The project proposal includes the conversion of an office building to provide residential units. Sia Consulting is responsible for the designs.
New permits have been filed to increase the residential expansion of 960 Howard Street in SoMa, San Francisco. The updated plans use the recently passed Assembly Bill 1287 to achieve a 100% density bonus, creating a 19-story tower rising from an existing office building. oWow, the busy Oakland-based developer, is responsible for the application.
While San Francisco’s hotel occupancy rates recover, one developer has filed plans to extend the approval period of the 35-story hotel right across from the Transbay Transit Center. The 2015-filed project would replace three low-slung commercial buildings at 555 Howard Street in SoMa with four hundred hotel rooms and a rooftop POPOS. The application is a joint venture between Pacific Eagle and SKS Partners.
