Major Market-Rate Residential Development For Market & Jones Is A Go—Again

Photo: Shorenstein Residential
By Brittany Hopkins - Published on July 01, 2016.

The mixed-use development seeking to transform the corner of Market and Jones with 304 new residences is officially moving forward—again.

This week, the Board of Supervisors voted unanimously to approve legislation allowing Shorenstein Residential, the developer of 1066 Market St., to provide the city with a land grant, in lieu of satisfying the typical affordable housing requirements.

Originally, Shorenstein Residential proposed making 12 percent (36) of the building's on-site units affordable, the city-required minimum. Though a public hearing drew crowds of Tenderloin residents and nonprofit service providers who objected to the market-rate development joining the primarily low-income neighborhood, the Planning Department approved Shorenstein's plan.

As expected, an appeal was filed. But rather than taking this argument to the Board of Supervisors, District 6 Supervisor Jane Kim struck a new deal with the developer: Instead of sticking to the existing affordable housing requirements, Shorenstein Residential would buy and gift the land at 101 Hyde St., which is home to a soon-to-be-demolished former post office, to the Mayor's Office of Housing. The city can then use the land to build 85 units of 100 percent affordable housing in the heart of the Tenderloin.

In addition to the $12.5 million land dedication, Shorenstein Residential has agreed to provide $6.5 million to a nonprofit developer, to cover activation of the property until it's demolished and pre-construction work.

Rendering of approved redevelopment plans for 101 Hyde St.
Image: Costa Brown Architecture

Despite the uncertainty around the city's timeline for raising the additional funds needed to break ground on 101 Hyde, Tenderloin residents and service providers returned to the Planning Commission chambers earlier this month to offer full support for the revised affordable housing package. That cleared the way for the Board of Supervisors' approval this week, and the redevelopment of 1066 Market St. will now move forward.

Per the project website, construction at 1666 Market was originally slated to begin within the fourth quarter of 2016 and wrap up be the end of 2018. But with months of delays in gaining the final approval, that timeline will likely be pushed.

Apr 14, 2021
San Francisco Glen Park

Glen Park’s adorably quaint Tyger’s Coffee Shop has permanently closed

The unpretentious, old-school omelette destination at Diamond and Chenery Streets closed April 1, though another cafe will apparently replace it. Read More

Apr 14, 2021
San Francisco Divisadero NoPa

Bay Area bagel boom continues with opening of Schlok's in NoPa

After months of operating a wildly popular bagel pop-up, Schlok's is getting set to open a brick-and-mortar shop at 1263 Fell Street, in a former laundromat off Divisadero in NoPa (in the same complex as RT Rotisserie and Nopalito). Read More

Apr 13, 2021
San Francisco SoMa

30-bed drug sobering center proposed for Howard Street office building

SF Mayor London Breed on Tuesday announced a proposal to lease an empty office building at 1076 Howard Street for use as a 30-bed drug sobering center, making good on a promise first made before the start of the coronavirus pandemic. The facility will focus on those living on the streets who are experiencing methamphetamine-induced psychosis. Read More

Apr 13, 2021
San Francisco Castro Duboce Triangle

2100 Market Street, formerly Home, Church Street Station, and The Truck Stop, makes appearance in 'Doodler' podcast

The one-story, flatiron-shaped building that once lived at 2100 Market was home to multiple businesses over several decades. One of its brief incarnations in the 1970s, a 24-hour diner called The Truck Stop, figures into the unsolved case of "The Doodler," a serial killer who preyed on gay men in San Francisco, and about whom Chronicle reporter Kevin Fagan has just done a new podcast. Read More