Friday, March 6, 2015

Mixed-use development, San Francisco


San Francisco Examiner/Michael Barba, 3/5/15.  "Massive mixed-use development near Ocean Beach back on track."
  
Image result for 2800 Sloat Boulevard, San Francisco picture
Before - 2800 Sloat Boulevard entire block,
near Ocean Beach, across from the zoo.   
Image result for 2800 Sloat Boulevard, San Francisco picture
After - improved mix-use rebuild:
business ground floor, housing above,
listen to the ocean and zoo animals. 
.... "San Francisco has awarded permits to construct the buildings on an entire block near Ocean Beach. Developer Fergus O'Sullivan of Sloat-Parkside Properties said he is poised to demolish three commercial buildings, including the recently shuttered Roberts at the Beach Motel, on Sloat Boulevard between 46th and 47th avenues, early this summer to make way for a five-story building and others, with construction planned to begin Sept. 1.

The estimated $30 million project will include 56 residential units above nonformula retail and restaurant space on the ground floor. Underground, a garage is expected to provide one parking space per unit and another 56 for commercial use, according to Planning Department documents. ...."... seven will be offered at below market rate. That's a rarity for recent developments in San Francisco, as developers often opt to pay into the City's housing trust fund in lieu of building below-market-rate units on site. If done on site, San Francisco requires a minimum of 12 percent of units to be below market.

 ....  The project sped up in December when the Department of Building Inspection permitted the planned construction of the buildings and demolition of longtime occupants Aqua Surf Shop, John's Ocean Beach Cafe and Roberts at the Beach Motel, which have all since closed. Aqua relocated to Judah Street and 44th Avenue, while the cafe and hotel went out of business. Read article.

ReferencePacific Union International/Jason Fayollat, 2800 Sloat Boulevard, San Francisco, 33,985 square feet lot, listing agent, Fergus O'Sullivan, FOS Company. "Property Description.  Located at the Southwest entrance to San Francisco, and directly opposite the Zoo, planning has been approved for 56 residential units and approximately 25,000 square feet of commercial space. This is an excellent opportunity for a planning approved development. Numbers will show it can go either way - as condo resales or rentals. Also offering great potential for commercial outlets as the neighborhood is currently begging for a injection of commercial businesses. The project also includes one to one parking for the residential units (total residential size 56,000 square feet) and 32 parking spaces for the commercial. Numbers for the preliminary construction costs have been completed. Floor plans and elevations are available upon request." 

Note photographs: Before and after from Socketsite, includes Google map. 

Posted by Kathy Meeh

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