City Seeking Affordable Housing Developer for Fenced SoMa Site

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City Seeking Affordable Housing Developer for Fenced SoMa Site
City Seeking Affordable Housing Developer for Fenced SoMa Site


Conveyed to the Mayor’s Office of Housing and Community Development back in 2014, in lieu of providing below market rate (BMR) units within the new One Henry Adams and 801/855 Brannan Street buildings which were completed last year, the City is now seeking a qualified team to secure financing and build affordable housing on the fenced 37,800-square-foot parcel at 600 7th Street, between Brannan and Townsend.

The selected team will be expected to develop at least 150 apartments on the South of Market site which is principally zoned for development up to 68 feet in height, with ground-floor commercial space “servicing the surrounding neighborhood.” And while roughly half of the units are expected to serve either formerly homeless families with dependent children or low-income families with an average income of no more than 60 percent of Area Median, with a mix of one to three bedroom units, at least 75 of the units are expected to be studios to serve formerly homeless adults.

Responses to the City’s Request for Qualifications (RFQ) are due on June 26 and the City is aiming to award the project to a team at the end of August, with hopes that construction on the development, which has yet to be designed or approved, will commence “as soon as possible.”  And the site, which has been sitting vacant since early last year, should qualify for streamlined approvals and density bonuses if claimed.





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