A stalled San Francisco tower site is getting a new permit from Nevada builder Thompson Builders. The redesigned 20-story building would have 258 apartments, including 40 affordable units, and parking for 130 cars. It's taller and denser than the original plan.
An abandoned high-rise construction project in SoMa may be getting new life with an A+ architect at the helm. Nevada-based Thompson Builders recently filed a permit application for a 20-story apartment complex at 365th Street. All that's on site currently is the foundation of a construction project that's been stalled since 2020, and the revived plans would more than double the occupancy of the previously approved version. If built, the project would see creation of 258 apartments, 40 of which would be designated affordable housing. Half of those would be dedicated to people making 50% or less of area median income. Make up of the units would be 62 studios, 88 one-bedrooms, 108 two-bedrooms, plus enough stacked parking for 130 cars and separate parking for 196 bikes. The Handel Architects design project is taking advantage of recently enacted laws that are designed to streamline approvals and increase density to create a 286,000-square-foot, 244-foot-tall building. No firm timeline yet on approval or construction, but it's just good to see a stalled project start to move forward. Let me know what you think of the project in the comments and follow me for more Bay Area real estate.
