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Major Central SoMa Project Positioning to Break Ground Next Year
News 2 weeks ago
Major Central SoMa Project Positioning to Break Ground Next Year
Source Socket Site

The proposed mass redevelopment of 12 contiguous Central SoMa parcels stretching from 400 Second Street to 665 Harrison, a.k.a. the One Vassar...

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Tenant Buyouts Averaged $48K in SF Last Year, One Hit $325K
News 3 weeks ago
Tenant Buyouts Averaged $48K in SF Last Year, One Hit $325K
Source Socket Site

Landlords in San Francisco negotiated and inked a total of 365 legally reported buyout agreements with tenants last year, as mapped above, down...

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Asking Rents Inch Up in San Francisco, Slip in Oakland
News 3 weeks ago
Asking Rents Inch Up in San Francisco, Slip in Oakland
Source Socket Site

Having dropped a little over 5 percent at the end of last year, the weighted average asking rent for an apartment in San Francisco, including one...

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Change of Plans for Development to Transform Tenderloin Block
News 3 weeks ago
Change of Plans for Development to Transform Tenderloin Block
Source Socket Site

As we first revealed last year: While the revised architectural plans for the development were, in fact, approved last year, another big revision...

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Problems for Another Supersized Development as Proposed
News 1 month ago
Problems for Another Supersized Development as Proposed
Source Socket Site

As we first reported back in 2018: As we added last year: But as with the plans for the supersized infill development to rise on Post Street, there...

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Massive Potrero Power Plant Project Refined, Slated for Approval
News 1 month ago
Massive Potrero Power Plant Project Refined, Slated for Approval
Source Socket Site

The refined plans, development agreement and final Environmental Impact Report (EIR) for the the proposed redevelopment of the 29-acre Potrero...

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Plans for Condos Atop the Iconic I. Magnin Building (And More)
News 1 month ago
Plans for Condos Atop the Iconic I. Magnin Building (And More)
Source Socket Site

Purchased from Macy's for $250 million early last year, plans to redevelop the iconic I. Magnin Building on the southwest corner of Geary and...

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Modern Infill on the Boards: Geary Boulevard Edition
News 1 month ago
Modern Infill on the Boards: Geary Boulevard Edition
Source Socket Site

Plans to raze the shuttered Quan Bac building(s) at 4110-4116 Geary Boulevard, a perennially challenged restaurant and lounge space with a second...

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Refined Plans for Redevelopment of Historic Tres Site
News 1 month ago
Refined Plans for Redevelopment of Historic Tres Site
Source Socket Site

While Planning balked at the proposed approach for securing two separate office allocations for the redevelopment of the historic Central SoMa...

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Asking Rents Slip in San Francisco, Nearing Peak in Oakland
News 1 month ago
Asking Rents Slip in San Francisco, Nearing Peak in Oakland
Source Socket Site

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, dropped a...

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Bigger Plans for Polk Gulch Infill Development Closer to Reality
News 2 months ago
Bigger Plans for Polk Gulch Infill Development Closer to Reality
Source Socket Site

As we first revealed earlier this year: The draft plans have since been supersized by way of a requested State Density Bonus and newly rendered by...

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Reinstated Development Back on the Market in the Mission
News 2 months ago
Reinstated Development Back on the Market in the Mission
Source Socket Site

While the demolition and building permits for the approved modern 53 unit building to rise on the southeast corner of 16th and Florida Streets in...

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Bonus Plans for Berkeley Infill Building Slated for Approval
News 2 months ago
Bonus Plans for Berkeley Infill Building Slated for Approval
Source Socket Site

The refined plans for a new six-story infill building to rise up to 64 feet in height at 1835 San Pablo Avenue in West Berkeley, upon the shuttered...

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Key Central SoMa Development Refined, Slated for Approval
News 2 months ago
Key Central SoMa Development Refined, Slated for Approval
Source Socket Site

The refined plans for the newly dubbed "Harrison Gardens" development to rise on the Key Central SoMa Development Site at 725 Harrison Street,...

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More Hope for Hunters View
News 2 months ago
More Hope for Hunters View
Source Socket Site

Having kicked-off back in 2010, the third and final phase of San Francisco's 22-acre Hunters View public housing redevelopment includes the...

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Bayview Rising: The Plans for 4200 Third Street
News 3 months ago
Bayview Rising: The Plans for 4200 Third Street
Source Socket Site

Plans for a six-story, mixed-use development to rise up to 65 feet in height at 4200 Third Street, between Innes and Jerrold Avenues in the Bayview...

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Academy of Art’s $58 Million Settlement Slated for Approval
News 3 months ago
Academy of Art’s $58 Million Settlement Slated for Approval
Source Socket Site

While the original terms of the Academy of Art University's nearly $60 million settlement with the City of San Francisco, to resolve allegations...

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Revised Plans for Major Redevelopment Emerge
News 3 months ago
Revised Plans for Major Redevelopment Emerge
Source Socket Site

While ambitious plans to redevelop the nearly 6-acre Recology site at 900 7th Street - which is bounded by 7th, Berry, De Haro, Carolina and...

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Mission District Infill in the Works: B&W Sevice Center Edition
News 3 months ago
Mission District Infill in the Works: B&W Sevice Center Edition
Source Socket Site

Plans to raze the B&W Automotive Service Center building on the northwest corner of 26th Street and Shotwell are in the works. And as envisioned, a...

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Residential Conversion of Historic Garage Slated for Approval
News 3 months ago
Residential Conversion of Historic Garage Slated for Approval
Source Socket Site

Having skirted foreclosure by way of a bankruptcy filing two years ago, at which point the building was on the market as a high-end development...

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Hotel Plans Scrapped, Office Building(s) Now on the Boards
News 3 months ago
Hotel Plans Scrapped, Office Building(s) Now on the Boards
Source Socket Site

The plans for a 239-room hotel to rise up to 8 stories in height across the irregularly shaped Central SoMa parking lot parcel at 424 Brannan...

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Asking Rents Tick up in Oakland, Slip in San Francisco
News 4 months ago
Asking Rents Tick up in Oakland, Slip in San Francisco
Source Socket Site

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, slipped...

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Mortgage Rates Tick Up, Rate Cut Nearly Certain
News 4 months ago
Mortgage Rates Tick Up, Rate Cut Nearly Certain
Source Socket Site

Having jumped 12 basis points last week, the average rate for a 30-year mortgage has since ticked up another 6 basis points and now measures 3.75...

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Competition for an Office Space Allocation in SF is Heating Up
News 4 months ago
Competition for an Office Space Allocation in SF is Heating Up
Source Socket Site

With over 2 million square feet of new office development having recently been approved and granted a coveted allocation from San Francisco's bank...

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Office Vacancy Rate in Oakland Ticks Up, But…
News 4 months ago
Office Vacancy Rate in Oakland Ticks Up, But…
Source Socket Site

The vacancy rate for East Bay office space around Oakland has ticked up from 9.5 percent at the beginning of the year to 11.9 percent today, driven...

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Bigger Plans for Ocean Avenue Development Closer to Reality
News 4 months ago
Bigger Plans for Ocean Avenue Development Closer to Reality
Source Socket Site

As we outlined two years ago, nearly to the day: The proposed development, however, has since been redesigned. And while the project team still isn...

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Development of Tower Under Construction Put on Hold
News 4 months ago
Development of Tower Under Construction Put on Hold
Source Socket Site

Oceanwide Holdings has officially suspended development of one of the two Oceanwide Center towers under construction at First and Mission Streets....

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Giants Massive Mission Rock Development Closer to Reality as Well
News 4 months ago
Giants Massive Mission Rock Development Closer to Reality as Well
Source Socket Site

As we first reported earlier this year: Mission Rock Partners, which is a Joint Venture between the San Francisco Giants and Tishman Speyer, is...

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Housing Pipeline in San Francisco Slips but Building Actually Jumps
News 4 months ago
Housing Pipeline in San Francisco Slips but Building Actually Jumps
Source Socket Site

With the number of newly built units of housing in San Francisco having outpaced the number of newly proposed units of housing to be built in San...

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Mortgage Rates Drop, Odds of a Rate Cut Rise
News 4 months ago
Mortgage Rates Drop, Odds of a Rate Cut Rise
Source Socket Site

Having jumped 17 basis points in mid-September, the average rate for a 30-year mortgage has since shed 16 basis points and dropped back down to 3...

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