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Slack expands in SF as IPO wave fuels office deals
California’s transit-housing bill clears first hurdle
Plans for 44-unit development on Geary in the works
50-unit development on Brannan Street closer to reality
Change in plans for Van Ness Corridor site

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[content_box type=”with-header” title=”COMMUNITY Slack expands in SF as IPO wave fuels office deals” text_color=”dark” color=”default” animation=”bottom-to-top”]

“A wave of San Francisco tech companies set to go public is fueling a continued boom in the local office market. Slack, the maker of workplace messaging software, has signed a 205,000-square-foot lease at 45 Fremont St., according to brokerages CBRE and Cushman & Wakefield. The fast-growing company filed earlier this year to go public, joining more than a half-dozen local tech companies aiming to debut on the stock market this year.” CONTINUE READING ON T HE CHRONICLE

California’s transit-housing bill pushing for taller, denser growth clears first hurdle

“State Sen. Scott Wiener’s effort to boost housing density near public transit in California has officially progressed farther than last year when his similar bill was killed in a different State Senate Committee. Wiener and his allies will be able to keep negotiating details of the bill with detractors after the State Senate Committee on housing voted to advance the bill, Senate Bill 50, in a 9-to-1 vote Tuesday.” CONTINUE READING ON CURBED

DEVELOPMENT PIPELINE

Bonus Plans for Building Up Geary Boulevard

“Plans to level the Firestone Complete Auto Care shop at 2800 Geary Boulevard have been drafted. And as envisioned, a six-story building could rise on the Laurel Heights/Lone Mountain parcel, with 44 residential units (a mix of 23 one-bedrooms, 10 twos and 11 threes) over 2,500 square feet of ground floor retail space and a garage for 22 cars with its entrance off Wood. At the same time, plans to level the 3-story medical office building at 3330 Geary Boulevard, between Commonwealth and Parker Avenues, across from Mel’s Drive-In, and develop a six-story building with 41 residential units (a mix of 16 one-bedrooms, 19 twos and 6 threes) are moving forward as well.” CONTINUE READING ON S OCKETSITE

Showplace Development Closer to Reality

“Plans to raze the two-story Art Deco building at 828 Brannan Street, which was built for the Schweitzer Wholesale Meat Company back in 1936, have been in the works for a few years… And if approved and the ground is broken, the seven-story building would rise up to 68 feet in height upon the Showplace Square site, with 50 residential units over 2,100 square feet of new retail space fronting Brannan and a basement garage for 22 cars and 36 bikes. Secured parking for another 18 bikes would be provided on the ground floor as well.” CONTINUE READING ON S OCKETSITE

New Plans for Prominent Van Ness Corridor Site Closer to Reality

“…Plans to raze the former KRON TV building at 1001 Van Ness Avenue and develop a 14-story building, with 239 condos over 5,000 square feet of retail space fronting Van Ness, were approved two years ago but never broke ground… Instead, Oryx Partners is now planning to build a residential care facility on the Cathedral Hill site, with 247 assisted living units for seniors over 8,200 square feet of ground floor retail space, the new plans for which are working their way through planning. We’ll keep you posted and plugged-in.And as newly rendered below by Handle Architects, the refined plans for the development, which now include a formal entry plaza, a series of flats and the entrance to a 46-car garage along Myrtle Street, are slated to be approved by San Francisco’s Planning Commission on Thursday of this week.” CONTINUE READING ON S OCKETSITE

Detailed Plans for a Key Central SoMa Site and a Non-Tower Design

“Up-zoned for development up to 200 feet in height, assuming the adoption of San Francisco’s Central SoMa Plan is upheld, detailed plans for redeveloping the nearly one acre parcel at 490 Brannan Street, at the corner of Fourth and upon which a Wells Fargo, Starbucks and 116-space parking lot currently sit, have been drafted and submitted to Planning for their preliminary thoughts on the project and approach as proposed. And as designed by Pfau Long Architecture for Strada Investment Group, which holds an option to purchase the site, the development as envisioned would only rise to a height of 160 feet but still yield nearly 340,000 square feet of office space; 17,000 square feet of Production, Distribution and Repair (PDR) space on the ground floor; 3,800 square feet of retail fronting Fourth Street; a basement garage for 49 cars and 272 bikes; and 6,500 square feet of required public open space.” CONTINUE READING ON S OCKETSITE

Opposed Mission District Development Slated for Approval

“While opposed by a number of neighborhood factions, two new buildings could rise up to 78 feet in height upon the Mission District parking lot parcels across from the Armory on 14th Street. As designed by BAR Architects for Manouch Moshayedi/MX3 Ventures, a seven-story building on the southern parcel fronting 14th Street would yield 56 apartments (a mix of 23 one-bedrooms, 31 twos and 2 threes) over 5,600 square feet of ground floor retail space, secured parking for 57 bikes, and a basement garage for a total of 42 cars.” CONTINUE READING ON S OCKETSITE

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Article text and images source of Mission Local, Mansion Global, Chronicle, SF GATE, SF Examiner, Hoodline, SocketSite, The Registry, San Francisco Business Times, Curbed SF, Bay City Beacon, The Real Deal, Bisnow, SF Gate, CNN, CBS, Newsweek. The news articles contained herein are not prepared by Vanguard Properties, and the accuracy of the articles has not been verified by Vanguard Properties. Nothing contained herein should be considered to be a legal opinion of any kind and should not be relied upon as such. ©2018 Vanguard Properties. All rights reserved.
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