The San Francisco Parks Department and Planning Commission have unanimously approved the Three Transamerica redevelopment in San Francisco’s Financial District. Three Transamerica, or 545 Sansome Street, is the second phase of SHVO’s billion-dollar investment in the historic office complex with design by Foster + Partners. Its adaptive reuse will create a new gateway for the city’s most iconic skyscraper.
The City of San Francisco has officially opened the 2021-built apartment complex as a permanently affordable supportive housing facility at 333 12th Street in SoMa. The project was developed by Panoramic Interests and grabbed headlines as the first in San Francisco to utilize the State Density Bonus program. The city purchased the development last summer, less than a year after opening.
The City’s Department of Homelessness and Supportive Housing and the Episcopal Community Services have submitted a request to the San Francisco Board of Supervisors for a $47.38 million permanent loan related to the conversion of Hotel Diva at 440 Geary Street into permanent supportive housing. The financing will pay off the construction loan from the San Francisco Housing Accelerator Fund (HAF). Department of Homelessness and Supportive Housing (HSH) with co-applicant Episcopal Community Services (ECS) as owner and service provider.
New plans have been submitted for the City of San Francisco to acquire three structures at 601, 617, and 624 Laguna Street in Hayes Valley, San Francisco. The project proposal includes the construction of a new Dual Diagnosis care facility on the top floors and the ground level conversion into transitional housing for at-risk youths. Pacific SFO LLC is the property owner.
Construction has started for the new San Francisco State University student housing project. The official groundbreaking ceremony for West Campus Green was held one week ago. With crews on-site, the university aims to open the new facility just in time for the fall of next year for first-year students.