Author: Agggregated News
San Francisco high-rise upsized despite new housing limits – The San Francisco Standard
Despite opposition from some local residents and policymakers to high-rise development in San Francisco’s Northern Waterfront, developers are seeking to make a new housing project in the area even larger than they originally planned. Last month, when Supervisor Aaron Peskin laid out the reasons behind his proposal to limit density in several historic neighborhoods in his district, he cited a 17-story project at 1088 Sansome St. as a key impetus. Peskin’s legislation was approved, but less than two weeks later, the developers struck back with a proposal that would make…
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San Francisco housing bond lead widens as votes counted | Politics – San Francisco Examiner
Examiner Illustration Editor’s Note: A previous version of this story ran on March 6 to reflect the ballots counted on Election Day. It’s going to be continually updated as The City continues tallying votes. San Francisco voters approved $300 million affordable-housing bond measure. Ex // Top Stories Board of Supervisors President Aaron Peskin and Supervisor Dean Preston rally alongside a group of advocates who support of Prop. A, in part because it would send some money to housing for victims of trauma like domestic violence, on Wednesday, Feb. 21, 2024. Patrick…
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San Francisco Voters Pass Affordable Housing Bonds, Conversion Tax Exemption – Bisnow
After a week of tallying election results, Propositions A and C, both aimed at improving the city’s housing stock, have been approved by San Francisco voters, per the San Francisco Chronicle. Proposition A, a measure to enable the city to issue bonds to build more affordable housing, passed with 70% of voters approving the measure. Prop A enjoyed broad support from developers and advocates, as well as Mayor London Breed and the Board of Supervisors. It will fund the new construction and renovation of 1,400 affordable housing units in the…
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SF Could Supply $115M for Infrastructure on Treasure Island – The Real Deal
Home construction is at a general standstill in San Francisco, but not on Treasure Island. With 1,000 homes on the island either finished, under construction or about to break ground, Mayor London Breed and Supervisor Matt Dorsey have launched legislation to hasten financing for infrastructure to support another 1,000, the San Francisco Chronicle reported. The legislation would provide $115 million for the next phase of the development, which includes 1,300 homes, 250 of which would be affordable; a 240-bed behavioral health building; restoration of three historic buildings; and two public…
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Align appears to ditch “floating cube” highrise in SF’s SoMa – The Real Deal
Plans by Align Real Estate to top a 65-story highrise with a “floating cube” over San Francisco may be stuck at the bottom of the glass. The locally based firm, led by Jason Chadorchi, appears to have paused its proposed 711-unit apartment tower at 620 Folsom Street, the San Francisco Chronicle reported. As of last fall, the city’s Planning Department has marked the SoMa development “on hold,” according to records reviewed by the newspaper. This week, planning officials couldn’t confirm the status of the project, stating they hadn’t received written…
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