Last week we strolled through the blossoming Hayes Valley district to witness the area’s rate of new development progress. The cultural, social and economic phenomenon fueled by the fall of Central Freeway has culminated recently into a property development renaissance. There are competing definitions of boundaries of this centrally located district. With SF Association of Realtors, City’s Board of Supervisors and other legitimately perceived sources (including Google Maps) having slightly different dimensions, we loosely stuck to a 135 acre area with Market Street in the South, Webster Street on the West, Fulton Street to the North and Gough Street to the East.
1998 MARKET STREET
[maxgallery id=”1291″]Looking like an experiment in the organization of stacked shipping containers, Brian Spiers Development’s property on 1998 Market Street is nearing completion of the Arquitectonica designed facade. Named Linea , the condominium complex is being partially funded by Magic Johnson’s Canyon Johnson Urban Funds and will contain 115 units with 6,000 square feet of commercial flooring. Aesthetically, the building looks to be a modern and unique addition to the surrounding market street corridor. Judging by onsite progress, the project should be nearing completion by mid summer 2014, breaking ground almost 2 years ago.
55 LAGUNA STREET
[maxgallery id=”1297″]There is a lot of activity occurring at Wood Partner’s mega site at 55 Laguna street. Installation of excavation support systems and ground protruding re-bar, hint at ongoing foundation work. A total of 13 buildings will be built on the 440 unit apartment campus with 110 reserved for LGBT seniors and 32 designated as affordable housing units. In addition to the property owner, both Openhouse and Mercy Housing are helping sponsor the project. From our latest onsite visit, the project seems to be at least 18 months away from completion.
[maxgallery id=”1303″]The 25-35 Dolores property maybe outside the official Hayes Valley borders but due to its close proximity we included it in our survey. Having gone through a lengthy review and planning process, project architect Levy Design Partners and sponsor Lightner Property Group have begun construction on the residential structure. As the 37 unit building (previously 47) is midway through its framing, the developer expects a June 2014 completion of the 4 story structure. As it replaces a set of one story 100 year old buildings, the new building will modernize and add some population density to the area.
1844 MARKET STREET
[maxgallery id=”1307″]The building at 1844 Market Street called Venn is nearing completion as residents are already moving into the 113 unit apartment complex. Developer MacFarlane Partners hired architect firm Christiani Johnson Architects to design the 8 story building over a once blighted section of market street. Finishing work continues on the building’s 4,400 square ft. of retail space and exterior cladding.
8 OCTAVIA STREET
[maxgallery id=”1310″]With the concrete skeleton of 8 Octavia now complete, a lattice work of scaffolding has been erected on west site of the condominium complex. The rear facade on the east side is almost complete and installation of the front cladding has begun. Finished renderings show glassy hung fins in a multitude of aquamarine hues traversing down majority of the east portion of the 49 unit structure. With the setting sun, the glass panels should split and refract light in many different tones onto the dwellings and 2,000 square ft. of retail space. The property is being developed by DM Development and DDG , and designed by Stanley Saitowitz.
1600 MARKET STREET
[maxgallery id=”1315″]Brian Spears Development has built 23 BMR (Below Market Rate) units in the Stanley Saitowitz designed building at 1600 market. Externally, the wood framed 4 story building looks nearly complete with renderings giving a more satiny facade than the actual representation. The unoffensive design is a sharp contrast to the previous now demolished structure that resided on the site. This building looks almost completely built with work still being performed on the 3,600 square ft. of retail space below.
1 FRANKLIN STREET
[maxgallery id=”1319″]1 Franklin Street property is entitled for an 8 story 35 unit building and has been reportedly sold to the Franklin Street Developer LLC investment firm. Currently a parking lot, we noticed no markings or signage that designated any construction project was pending.
OAK STREET & OCTAVIA BOULEVARD (Former Hayes Valley Farm)
[maxgallery id=”1322″]Once a site for Hayes Valley Farm, this large area is now an expansive construction site. At the future site for a 4 story Avalon Bay Apartment community, work is ongoing as concrete forms have wrapped basement and first level floors. Encompassing most of the block between Laguna and Octavia streets, this project will consist of four buildings housing a total of 182 units. Judging by current progress, the Pyatok designed buildings seem to be at least 12 to 18 months out from completion.
350 LINDEN STREET
[maxgallery id=”1328″]Situated in a culturally blossoming area of San Francisco, the small structure on 350 Linden Street is quietly being constructed between the stacked containers of an Aether apparel store and another more permanent building. Sponsored by SIA Consulting, the four story building fronts both Linden and Hayes streets and will contain six units.
450 HAYES STREET
[maxgallery id=”1334″]With SF Planning approval obtained, an empty parking lot gracing 450 Hayes street should soon be filled with excavation equipment. Owned by DM Development, this property will contain 41 homes within a 4 story building designed by Handel. Renderings show an elegant minimalistic structure that will be a positive addition to the area. Currently, the site has no construction activity and continues to operate as a paved parking lot.
300 IVY STREET
[maxgallery id=”1337″]Pocket Development with the help of David Baker + Partners is nearing completion of the 63 condominium complex at 300 Ivy. Construction work is still in progress on the bottom retail floors but overall the building looks nearly complete.
344 FULTON STREET
[maxgallery id=”1341″]The property looks recently excavated for the new four story 70 unit mixed-use complex that will also house SF Boys & Girls Club offices. The Club and Strada Investment Group are both funding this uniquely architected building. Renderings designed by architects David Baker + Partners show a split white and multi-hued graphite structure with a unique set of sun angled shades partially framing the building’s windows. We noticed a pair of excavators sitting idle on the eastern unearthed portion of the lot while the western side was still paved. As this project seems to have just started, we estimate it to be at least 18 months from delivery.
555 FULTON STREET
[maxgallery id=”1345″]An empty rusting warehouse sits at the soon to be developed 555 Fulton Street property. It is a large site, encompassing almost an entire block bordered by Laguna, Fulton, Octavia and Birch streets. There was no construction activity at the site, however, developer Fulton Street Ventures LLC is planning to build a sprawling 5 story complex with 139 dwelling units and 29,200 square ft. of commercial space including a grocery store. Renderings, designed by Stanley Saitowitz and Natoma Architects, show two glass skinned rectangular buildings separated by a center concourse with a large retail space occupying the first floor. The buildings are seen with a large frosted glass facade in multiple shades of mint green.