San Francisco YIMBY

505 Brannan Street, rendering courtesy Heller Manus Architects

Singaporean REIT Purchases 505 Brannan Street & 510 Townsend Street

5:00 am on November 17, 2020 By Andrew Nelson

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 Six Story Building On 2976 Mission Street, San Francisco

4:30 am on November 17, 2020 By Team YIMBY

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.

469 Stevenson Street, rendering by Solomon Cordwell Buenz

Renderings Revealed for 27-story 469 Stevenson Street, SoMa, San Francisco

5:30 am on November 16, 2020 By Andrew Nelson

Plans for a new twenty seven-story development at 469 Stevenson Street have recently been brought to the public’s attention by an informational presentation to San Francisco’s Planning Commission. The tower will rise 274 feet high in SoMa. Inside, over half a million square feet will bring 495 new houses to market. San Francisco-based BUILD is responsible for the development.

995 East Santa Clara Street, development by First Community Housing designed by David Bark Architects via the East Bay Times

995 East Santa Clara Street Purchased by First Community Housing, Roosevelt Park, San Jose

5:00 am on November 16, 2020 By Andrew Nelson

995 East Santa Clara Street has been purchased by the Bay Area-based First Community Housing residential developer for $5.5 million. The East Bay Times reports that the purchase brings FCH a step closer to realizing a 125-unit affordable housing structure on an 18,300 square foot parcel near downtown San Jose. The project benefits from San Jose’s General Plan 2040 Urban Village zoning.

New Construction On 2312 Vicente Street, Sunset Boulevard, San Francisco

4:30 am on November 16, 2020 By Team YIMBY

Permits have approved a new construction on 2312 Vicente Street, Sunset Boulevard, San Francisco. The project site is 54.5 feet by 75 feet rectangular lot located on a block bounded by Vicente Street 35th Ave, Ulloa Street, and 34th Ave. Currently, the plot holds a 1-story church built in 1950. The proposed project would demolish the existing church, subdivide the lot into two 2,043.75 square feet parcels and construct a 3-unit building on each lot. Schaub Ly Architects is managing the project.

1150 Clay Street, design by Kennerly Architecture

CIM Group & Strada Open 1150 Clay Street, Downtown Oakland

5:30 am on November 15, 2020 By Andrew Nelson

CIM Group and Strada Investment Group announced earlier this week that construction is over for the 16-story residential building at 1150 Clay Street in Downtown Oakland. Residential move-ins will begin imminently, adding 288 new apartments to the market.

3452-3456 Sacramento Street, via Google Street View

Demolition and Construction Proposed For 3452 and 3456 Sacramento Street, Presidio Heights, San Francisco

5:00 am on November 15, 2020 By Team YIMBY

Permits have been filed for demolition and remodeling on 3452 and 3456 Sacramento Street, San Francisco. The project includes the complete renovation and expansion of an existing residential and commercial building. The proposal consists of a one-story vertical addition and horizontal developments to accommodate three additional dwelling units. The project also proposes to demolish an existing detached garage structure at the rear of the property and create a four-car garage on the basement floor through excavation. The proposed residential area is 8,183 square feet. John Lum Architecture is managing the project.

619-621 West Grand Avenue front facade, drawing by the Architect Office

Permits Filed for 619-621 West Grand Avenue, Downtown Oakland

4:30 am on November 15, 2020 By Andrew Nelson

Permits have been filed to double the residential capacity of 619-621 West Grand Avenue in Downtown Oakland. The proposal will add 2,370 square feet to an existing duplex for a total of 4,440 square feet. Lillian Rafii is listed as the site owner.

Renderings Revealed for 5500 Mission Street, Outer Mission, San Francisco

5:30 am on November 14, 2020 By Team YIMBY

Permits have been filed for a new mixed-used four-story building at 5500-02 Mission Street in Outer Mission, San Francisco. There will be approximately 28,370 square feet within the forty-foot construction, including 94 beds. Merced Residential Care will be responsible for the development.

35 Belgrave Avenue looking southwest, design by John Maniscalco Architect

Renderings Revealed for 35 Belgrave Avenue, Clarendon Heights, San Francisco

5:00 am on November 14, 2020 By Andrew Nelson

New building permits have been filed for a four-level residence at 35 Belgrave Avenue, in the Clarendon Heights neighborhood of San Francisco. The proposal would replace an existing single-family dwelling with a larger single-family home and ADU across 8,600 square feet. Adam Forste of Bay Grove is listed as responsible for the development through the 35 Belgrave LLC.

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