August 2016 San Francisco Residential Development

Total Page:16

File Type:pdf, Size:1020Kb

August 2016 San Francisco Residential Development SAN FRANCISCO RESIDENTIAL DEVELOPMENT AUGUST 2016 NAVIGATION Click page numbers to be taken directly to page NEWS & FORWARD MARKET HIGHLIGHTS DESIGN PERFORMANCE NEWS AND HIGHLIGHTS MARKET PERFORMANCE MARKET PERFORMANCE Median $/SqFt Currently Year-Over-YearMedian $/SqFt Month-Over-MonthCurrently Year-Over-Year Month-Over-Month CURRENTLY SELLING... New Condominiump. $1,218/SqFt +New 15% Condominiump. + 2% $1,218/SqFt + 15% p. + 2% Nearly half of second phase is under contract. Price per square foot3 is 4 5 Shipyard’s Resale Condominium $1,042/SqFt +Resale 11% Condominium + 2% $1,042/SqFt + 11% + 2% averaging approximately $760. The first phase averaged approximately $660 per square foot. New Apartment $5.10/SqFt +New 7% Apartment N/A $5.10/SqFt + 7% N/A Less than 100 units remain available at The Rockwell. Current absorption surpasses 30 units a month. NEW CONDOMINIUM PRICING & VOLUME NEW CONDOMINIUM PRICING & VOLUME Sales are expected to commence this month at the second phase of Onyx , consisting of 21 condominiums. Median Price & Closing Volume Median Price & Closing Volume Closings have commenced at Lumina’s Plaza A. Price per square$1,200,000 foot is averaging $1,200,000180 180 approximately $1,500. 160 160 $1,000,000 $1,000,000 140 Most Recent Quarter 140 Most Recent Quarter $800,000 ROWAN 1450 FRANKLIN SHIPLEY$800,000120 HOUSE ONE FRANKLIN 181120 FREMONT 100 Median: $1,000,000 100 Median: $1,000,000 PROPOSED... $600,000 $600,000 ONE MISSION BAY THE HARRISON THE80 PACIFIC 388 FULTON 450 HAYES80 THE DISTRICT 131 Group Housing untis have been proposed for 1798 Bryant Street$400,000 at 17th. The 7-story $400,00060 Units Closed: 52 60 Units Closed: 52 project will offer a shared kitchen as amenity space. 40 Number Closed 40 Number Closed Median Sale Price $200,000LUMINA ROCKWELL LUXE FULTONMedian Sale Price $200,000 555 72 TOWNSEND SHIPYARD SUMMIT 800 20 Units Available: 758* 20 Units Available: 758* 36 Group Housing units have been proposed for 45 Dore Street in Western SOMA. The project has not proposed any car parking, and will include a communal$0 Click living development space. to be taken directly to page 0 $0 0 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 A six-story building has been proposed for 1075 Folsom Street at 7th. The project consistsMedian Sale of Price # Closings Median Sale Price # Closings 34 units, 15 car spaces and 40 bicycle spaces. Panoramic Interests has proposed two five-story buildings at 333 12th Street at Folsom. 182 * As of September 2015; Restricted * As of September 2015; Restricted units have been proposed, along with 182 bicycle spacesRESALE and no carCONDOMINIUM parking. PRICING & VOLUME RESALE CONDOMINIUMby phased marketing PRICING releases & VOLUME by phased marketing releases 77 units have been proposed for 552 Brannan Street COMINGat 4th. The Project proposes SOON/ 34 car SOLD-OUT & UPCOMING spaces and 80 bicycle spaces. Median Price & Closing Volume Median Price & Closing Volume 700 SELLING 700 $1,150,000RESALE DEVELOPMENTS$1,150,000 600 600 $1,100,000 $1,100,000 CITY PLANNING... AFFORDABLE HOUSING BONUS PROGRAM Most Recent Quarter CLICK TO RETURN TO THE NAVIGATION PAGEMost Recent Quarter CLICK TO RETURN TO THE NAVIGATION PAGE 500 500 $1,050,000 $1,050,000 What is the Affordable Housing Bonus Program (AHBP)?400 This new City Program aims to increase 400 Median: $1,111,250 Median: $1,111,250 theCURRENTLY supply of affordable housing, SELLING by increasing allowable residential density and height limits. $1,000,000 $1,000,000 300 300 $950,000 Units Closed: 560 $950,000 Units Closed: 560 How does it work? Developers who provide 30 percent (or200 greater) affordable units will be relieved 200 of density limits, and be allowed to build two additional residential stories. The affordable units would be broken down into two categories: 100Luxe 100 $900,000 Months Supply Inventory: 1 $900,000 Months Supply Inventory: 1 Sales MISSION@1875p. Development p. Developer / Owner Area Units Commence 0 p. 0 $850,000 32 $850,000 1650 Broadway at Van Ness | Pacific Heights 35 12% low income (55% of area median income for rental; 90% for ownership) 6 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q1 20141875 Q2Mission 2014 StreetQ3 2014 at 15th Q4 | 2014Mission2655Q1 Bush 2015 StreetQ2 at 2015 Divisadero KB Home Lower Pac Heights 81 Q4 2015 Status: 34 units available/0 in-contract/0 closed 18% moderate income (120% of area median income for rental; 140% for ownership) Status: Average $/SqFt: $1,055 Pre-sale: August 2015 ClosingsNumber anticipated: Closed MedianQ1 2016 Sale Price Number Closed Median1001 Sale 17th Price Street at Pennsylvania 1001 17th Street Associates Potrero Hill 26 Q4 2015 Date on market: October 2014 The development would also be required to offer at least Project40 percent info : two-bedroom34 units, 7-stories, units. 34 parking spaces 1868 Van Ness Avenue at Sacramento N/A Van Ness Corridor 35 Q4 2015 Developments which contain 100 percent affordable units would be offered the same relief from Developer: M1875 LLC Developer: Belrich Partners density limits, and up to three additional residential stories.NEW APARTMENT PRICING & OCCUPANCY NEW APARTMENTProject info: PRICING 39 units, &4-stories, OCCUPANCY 6 BMRs,450 Hayes 24 parking Street at spaces, Gough Monthly DDG/DM Hayes Valley 41 Q4 2015 Architect: Forum Design HOA fee: $400 - $520 There is also an alternate State mandated Bonus Program, which allows for greater density and Pacific - 2155 Webster Street at Sacramento Trumark Urban Pacific Heights 76 Q1/Q2 2016 Interior Design: Edmonds + Lee heights on a graduated basis, depending on the number and type of BMR units provided.Average Price & Occupancy Amenities: RooftopAverage pool, Price dog & runOccupancy Features & Finishes: Marble tile and zinc facade, Floor- Finishes: Ann Sacks/Porcelanosa tile,1450 hardwood Franklin Street floors, at BushBlanco Village Properties Western Addition 67 Q1 2016 Where does it apply? The Program applies to residential mixed-useto-ceiling$4,000 windows, districts. Bay The and program Golden does Gate views,not Studio $4,00095.0% 95.0% apply for RH-1 or RH-2 (one- and two-family house) zoning districts, which account for over 70% of faucets, Bertazzoni microwaves/ranges,One Rincon Leibherr Hill refrigerators,II - 401 Harrison brass Street Rockpoint/Maximus Rincon Hill 298 Q1 2016 Becker$3,900 Cabinetry, Mobile kitchenClick islands, development Caesarstone to be taken directly$3,900 to entrypage doors, Heath Ceramics house numbers, radiant heated floors the City. $3,800 $3,80094.0% 94.0% countertops, Subzero refrigerators, Thermador ap- 3420 18th Street at San Carlos N/A Mission 16 Q1 2016 $3,700 $3,70093.0% Website: M1875.com 93.0% What are next steps? The City aims to have Program legislationpliances,$3,600 enacted Uline wine by year’s coolers, end. Duravit For fulland Hansgrohe $3,600 Most Recent Quarter Most Recent Quarter 1001 17TH MILLENNIUM TOWER ONE RINCON HILL 1050 Valencia Street at Hill N/A Mission 12 Q1 2016 program details, visit SF-Planning.org. fixtures,$3,500 Victoria + Albert limestone soaking tubs, $3,50092.0% 92.0% Frameless glass showers; Penthouses only: Gas fire- $3,400 CLOSING DETAILS $3,40091.0% Average: $3,875 388 Fulton Street at Franklin91.0% Average: 7x7$3,875 Development Hayes Valley 61 Q1 2016 places,$3,300 Walk-in pantries and closets, Calacatta marble, $3,300 90.0% Occupancy 90.0% Occupancy Custom Price Average $3,200 millwork Price Average $3,200 Occupancy: 91% Rowan - 346 Potrero Avenue at 16th Occupancy:Trumark 91% Urban Potrero Hill 70 Q1 2016 Unit Type SqFt HOA $ Parking Closing Price $/SqFt Closing Date $3,100 $3,10089.0% 89.0% Amenities:$3,000 Lounge, Two-story lobby $3,000 109 2/2 1,272 $560 1 $1,200,000 580 Hayes$943 Street at8/28/2015 Laguna Laguna Hayes LLC Hayes Valley 29 Q1 2016 PG.3 SAN FRANCISCO RESIDENTIAL DEVELOPMENT SEPTEMBER 2015 Website:$2,900 Luxe-SF.com $2,90088.0% 88.0% Q1 2014 Q2 2014 Q3 2014410 Q4 2014 2/1Q1 2015 Q2779 2015 $420Q1 2014 Q2 20141 Q3 2014$945,000Q4 2014 One Mission$1,213Q1 2015 Bay -Q2REPORT 10008/3/2015 2015 Channel Street at 3rd NOTESCIM Group Mission Bay 350 Q1 2016 Average Price404 Occupancy2/1 750 $412 1 Average Price$935,000 Occupancy$1,247 7/28/2015 PIPELINE/ ABOUT & 1 Franklin Street at Market JS Sullivan Hayes Valley 35 Q2 2016 311 1/1 777 $419 0 $729,000 $938 While6/23/2015 the Report focuses on condo- 310 1/1 779DISCLAIMER$419 0 $739,000 181 Fremont$949 Streetminiums, at6/5/2015 Howard select informationJay Paulon Companyapart- Transbay 67 Q2 2016 PROJECTIONS411 2/1 778 $420 1 $950,000 832 Sutter$1,221 Street ments at6/5/2015 Jones has been presented as well.N/A The Lower Nob Hill 20 Q2 2016 PG.4 SAN FRANCISCO RESIDENTIAL DEVELOPMENT SEPTEMBER308 2015 0/1 PG.4 SAN623 FRANCISCO RESIDENTIAL$376 DEVELOPMENT0 SEPTEMBER$675,000 2015 $1,083 most5/14/2015 recent available data has been Knox - 645 Texas Street at 22nd Trumark Urban Potrero Hill 91 Q3 2016 208 0/1 626 $363 0 $625,000 $998 used,5/11/2015 with data from July 2015/2016 312 2/1 805 $410 1 $910,000 Tower$1,130 at Nob Hillused -4/24/2015 1545 for Pine comparisonsStreet at Van Ness andPacific statistics. Eagle Holdings Nob Hill 103 Q3 2016 PIPELINE SUMMARY Below Market Rate (BMR) and senior 210 1/1 779 $420 1 $780,000 5800$1,001 Third Street -4/23/2015 Phase II Holliday Development Bayview 136 Q4 2016 412 2/1 801 $426 1 $980,000 $1,223 housing4/22/2015 units have been omitted from 1450 15th Street at Shotwell 10 South Shore LLC Mission 23 Q4 2016 Approved, Under Review and Conceptual 204 1/1 752 $451 1 $740,000 $984 closings4/21/2015 and statistics where possible.
Recommended publications
  • SAN FRANCISCO 2Nd Quarter 2014 Office Market Report
    SAN FRANCISCO 2nd Quarter 2014 Office Market Report Historical Asking Rental Rates (Direct, FSG) SF MARKET OVERVIEW $60.00 $57.00 $55.00 $53.50 $52.50 $53.00 $52.00 $50.50 $52.00 Prepared by Kathryn Driver, Market Researcher $49.00 $49.00 $50.00 $50.00 $47.50 $48.50 $48.50 $47.00 $46.00 $44.50 $43.00 Approaching the second half of 2014, the job market in San Francisco is $40.00 continuing to grow. With over 465,000 city residents employed, the San $30.00 Francisco unemployment rate dropped to 4.4%, the lowest the county has witnessed since 2008 and the third-lowest in California. The two counties with $20.00 lower unemployment rates are neighboring San Mateo and Marin counties, $10.00 a mark of the success of the region. The technology sector has been and continues to be a large contributor to this success, accounting for 30% of job $0.00 growth since 2010 and accounting for over 1.5 million sf of leased office space Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2012 2012 2012 2013 2013 2013 2013 2014 2014 this quarter. Class A Class B Pre-leasing large blocks of space remains a prime option for large tech Historical Vacancy Rates companies looking to grow within the city. Three of the top 5 deals involved 16.0% pre-leasing, including Salesforce who took over half of the Transbay Tower 14.0% (delivering Q1 2017) with a 713,727 sf lease. Other pre-leases included two 12.0% full buildings: LinkedIn signed a deal for all 450,000 sf at 222 2nd Street as well 10.0% as Splunk, who grabbed all 182,000 sf at 270 Brannan Street.
    [Show full text]
  • Before the Public Utilities Commission of the State of California
    BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA Order Instituting Rulemaking to Implement Electric Utility Wildfire Mitigation Plans R.18-10-007 Pursuant to Senate Bill 901 (2018). (Filed October 25, 2018) CERTIFICATE OF SERVICE I hereby certify that, pursuant to the Commission’s Rules of Practice and Procedure, I have this day served a true copy RESPONSE OF LIBERTY UTILITIES (CALPECO ELECTRIC) LLC (U 933 E) TO ADMINISTRATIVE LAW JUDGE’S RULING SEEKING ADDITIONAL INFORMATION ON WILDFIRE MITIGATION PLANS AND NOTICE REGARDING THE LOCATION OF DOCUMENTS REFERENCED IN ITS WILDFIRE MITIGATION PLAN on all parties identified. Service was effected by one or more means indicated below: ☒ Transmitting the copies via e-mail to all parties who have provided an e-mail address. ☒ Placing the copies in sealed envelopes and causing such envelopes to be delivered by U.S. mail to the offices of the Assigned ALJ(s) or other addressee(s) on the service list without an e-mail address. ALJ Peter V. Allen ALJ Sarah R. Thomas CPUC CPUC 505 Van Ness Avenue, Room 5017 505 Van Ness Avenue, Room 5033 San Francisco, CA 94102-3214 San Francisco, CA 94102-3214 Executed February 26, 2019, at Downey, California. /s/ AnnMarie Lett AnnMarie Lett LIBERTY UTILITIES (California) 9750 Washburn Road Downey, CA 90241 CPUC - Service Lists - R1810007 Page 1 of 15 CPUC Home CALIFORNIA PUBLIC UTILITIES COMMISSION Service Lists PROCEEDING: R1810007 - CPUC - OIR TO IMPLEM FILER: CPUC LIST NAME: LIST LAST CHANGED: FEBRUARY 26, 2019 Download the Comma-delimited File About Comma-delimited Files Back to Service Lists Index Parties PETE SMITH ALI AMIRALI CITIZENS TRANSMISSION LLC STARTRANS IO, LLC 88 BLACK FALCON AVENUE, SUITE 342 591 W.
    [Show full text]
  • Chapter 11 Case No. 21-10632 (MBK)
    Case 21-10632-MBK Doc 249 Filed 04/06/21 Entered 04/06/21 16:21:35 Desc Main Document Page 1 of 92 UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY In re: Chapter 11 L’OCCITANE, INC., Case No. 21-10632 (MBK) Debtor. Judge: Hon. Michael B. Kaplan CERTIFICATE OF SERVICE I, Ana M. Galvan, depose and say that I am employed by Stretto, the claims and noticing agent for the Debtors in the above-captioned case. On April 2, 2021, at my direction and under my supervision, employees of Stretto caused the following documents to be served via first-class mail on the service list attached hereto as Exhibit A, and via electronic mail on the service list attached hereto as Exhibit B: Notice of Deadline for Filing Proofs of Claim Against the Debtor L’Occitane, Inc. (attached hereto as Exhibit C) [Customized] Official Form 410 Proof of Claim (attached hereto as Exhibit D) Official Form 410 Instructions for Proof of Claim (attached hereto as Exhibit E) Dated: April 6, 2021 /s/ Ana M. Galvan Ana M. Galvan STRETTO 410 Exchange, Suite 100 Irvine, CA 92602 Telephone: 855-434-5886 Email: [email protected] Case 21-10632-MBK Doc 249 Filed 04/06/21 Entered 04/06/21 16:21:35 Desc Main Document Page 2 of 92 Exhibit A Case 21-10632-MBK Doc 249 Filed 04/06/21 Entered 04/06/21 16:21:35 Desc Main Document Page 3 of 92 Exhibit A Served via First-Class Mail Name Attention Address 1 Address 2 Address 3 City State Zip Country 1046 Madison Ave LLC c/o HMH Realty Co., Inc., Rexton Realty Co.
    [Show full text]
  • Residential Development Pipeline
    36 SAN FRANCISCO BUSINESS TIMES JUNE 26, 2015 37 SAN FRANCISCO STRUCTURES SPECIAL REPORT Columbus Ave. The Embarcadero 52 SPONSORED BY Broadway Pacific Ave. Kearny St. PLANNED Stockton St. RESIDENTIAL Jackson St. Powell St. Montgomery St. SAN FRANCISCO Polk St. 80 Project name, address Developer Done Units Sale/ Market/ Sacramento St. rental affordable NP 1654 Sunnydale Ave. Mercy Housing California, Related Cos. 2018+ 1,700 both both 34 40 78 106 DEVELOPMENT 14 Pine St. 77 Potrero Terrace, 1095 Connecticut St. Bridge Housing Corp. 2018 1,400- both both California St. Bush St. 60 7 85 71 58 Sutter St. Spear St. 1,700 79 8 1 Main St. Mission Rock, Seawall Lot 227 and SWL 337 Associates LLC (S.F. Giants) 2017+ 1,500 TBD both Gough St. 112 35 80 5 Beale St. 72 Laguna St. 113 Webster St. Pier 48 38 Fremont St. Steiner St. Geary Blvd. 90 33 Pier 70 residential Forest City 2029 1,000- both both Divisadero St. 55 48 73 KEY 95 118 107 10 2,000 PIPELINE 2nd St. NP: Not placed; outside map area 96 Market St. 103 Van Ness Ave. 64 Ellis St. 62 61 74 700 Innes St. Build Inc. 2020 980 rent market Market: A majority of units are market rate, 29 94 1st St. Residential projects in 75 10 S. Van Ness Ave. Crescent Heights 2018+ 767 TBD market though almost all projects include some affordable Geary Blvd. Mission St. 97 San Francisco of 60 units units to comply with city regulations Turk St. 102 76 5M at Fifth and Mission Streets Forest City / Hearst Corp.
    [Show full text]
  • Sports and Concert Facilities / Special Events Golden State Warriors Event Center and Mixed-Use Development SEIR, San Francisco, CA
    EDUCATION Mr. Mitchell has provided project management and technical analysis capabilities for a wide variety of projects requiring environmental review, B.S., Civil Engineering, San including transportation and transit, industrial, institutional, commercial, Francisco State residential, mixed-use, educational and recreational projects. He has served University as project director / project manager for a number of CEQA environmental 23 YEARS documents, including environmental review for sports facilities and sporting EXPERIENCE events, capital improvement projects, wineries and vineyards, quarries, university and local school district master plans, specific plans, planned use developments, transit service plans, multi-modal stations, and demolition projects. Mr. Mitchell’s technical analysis responsibilities include required CEQA/NEPA analysis of transportation, air quality, noise, land use and policies, and infrastructure issues. Sports and Concert Facilities / Special Events Golden State Warriors Event Center and Mixed-Use Development SEIR, San Francisco, CA. Project Manager. Paul recently managed a Subsequent EIR for a landmark $1 billion, privately funded development within the thriving Mission Bay neighborhood in San Francisco. The centerpiece is an 18,000-plus–seat event center that will be the new home of the Golden State Warriors basketball team, during the NBA season, and provide a year-round venue for a variety of other uses, including concerts, family shows, other sporting events, cultural events, conferences and conventions. Office, retail, and open space uses and structured parking are also proposed. A Subsequent EIR (SEIR) was prepared for the project, tiering from the 1998 Mission Bay Final SEIR. The project was processed under CEQA streamlining legislation of both AB 900 (“environmental leadership project”) and SB 743.
    [Show full text]
  • F I L E D 07-18-12 04:59 Pm
    BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA F I L E D 07-18-12 04:59 PM Order Instituting Rulemaking to Continue R. 11-05-005 Implementation and Administration of California (Filed May 5, 2011) Renewables Portfolio Standard Program CERTIFICATE OF SERVICE I, Annie Pham, certify that I have on this 18th day of July 2012 caused a copy of the foregoing SIERRA CLUB CALIFORNIA REPLY COMMENTS ON THE ASSIGNED COMMISSIONER’S RULING IDENTIFYING ISSUES AND SCHEDULE OF REVIEW FOR 2012 RENEWABLES PORTFOLIO STANDARD PROCUREMENT PLANS PURSUANT TO PUBLIC UTILITIES CODE SECTIONS 399.11 ET SEQ. AND REQUESTING COMMENTS ON NEW PROPOSALS to be served on all known parties to R.11-05-005 listed on the most recently updated service list available on the California Public Utilities Commission website, via email to those listed with email and via U.S. mail to those without email service, and to the Administrative Law Judge. ALJ Regina DeAngelis California Public Utilities Commission Division of Administrative Law Judges 505 Van Ness Avenue San Francisco, California 94102 Michael Meacham City of Chula Vista 276 Fourth Avenue Chula Vista, CA 91910 Morgan Hansen Morgan Stanley-Commodities 2000 Westchester Ave 1st Floor, Purchase, NY, 10577 Samara Rassi Fellon-Mccord & Associates 10200 Forest Green Blvd., Ste. 501 Louisville, KY, 40223-5183 Commerce Energy, Inc. 5251 Westheimer Rd. Ste. 1000 Houston, TX, 77056-5414 Harvey Eder Public Solar Power Coalition 1218 12th Street, No. 25 Santa Monica, CA 90401 Kellie M. Hanigan Enco Utility Services 8141 E. KAISER BLVD., STE. 212 Anaheim, CA 92808 Rafi Hassan Susquehanna Financial Group, LLP 101 California St., Ste 3250 San Francisco, CA 94111 Tony Chen Cool Earth Solar 4659 Las Positas Rd., 94551 Livermore, CA 94551 Mountain Utilities PO Box 1 Kirkwood, CA 95646 I declare under penalty of perjury that the foregoing is true and correct.
    [Show full text]
  • The Bay Area-Silicon Valley and Australia an Expanding Trans-Pacific Partnership
    The Bay Area-Silicon Valley and Australia An Expanding Trans-Pacific Partnership December 2020 Acknowledgments This report was developed in partnership with the Odette Hampton, Trade and Investment Commissioner American Chamber of Commerce in Australia, with and Deputy Consul General, Australian Trade and support from Cisco, Google, Lendlease, Salesforce, Investment Commission (Austrade) Telstra, University of Technology Sydney, and Wipro. Joe Hockey, Founding Partner and President, Bondi Development of the project was led by Sean Randolph, Partners, Australian Ambassador to the US, 2016–2020 Senior Director at the Bay Area Council Economic Institute. Neils Erich, a consultant to the Institute, Vikas Jain, Asia-Pacific Business Head for Engineering, was co-author. The Institute wishes to thank April Construction and Mining, Wipro Palmerlee, Chief Executive Officer of the American Claire Johnston, Managing Director, Google Chamber of Commerce in Australia, for her support Development Ventures, Lendlease throughout this effort and the following individuals for Joe Kaesshaefer, Trade and Investment Commissioner– their valuable input: USA, Department of Industry, New South Wales Jeff Bleich, Chief Legal Officer, Cruise, US Ambassador Michael Kapel, Trade and Investment Commissioner to to Australia 2009–2013 the Americas in San Francisco, Government of Victoria Michael Blumenstein, Associate Dean, Research Damian Kassabgi, Executive Vice President, Public Strategy and Management, Faculty of Engineering Policy and Communications, Afterpay and
    [Show full text]
  • (Sbn 40881) Shaamini A. Babu (Sbn 230704) 2 Julie A
    Case 4:12-cv-04738-DMR Document 29 Filed 03/25/13 Page 1 of 4 1 RICHARD C. JOHNSON (SBN 40881) SHAAMINI A. BABU (SBN 230704) 2 JULIE A. RICHARDSON (SBN 215202) SALTZMAN & JOHNSON LAW CORPORATION 3 44 Montgomery Street, Suite 2110 San Francisco, CA 94104 4 (415) 882-7900 (415) 882-9287 – Facsimile 5 [email protected] [email protected] 6 [email protected] 7 Attorneys for Plaintiffs 8 MICHAEL J. TIMPANE (SBN 115238) SALAMIRAD MORROW P.C. 9 101 California Street, Suite 2450 San Francisco, California 94111 10 (415) 946-8991 11 (415) 946-8993 – Facsimile [email protected] 12 Attorneys for Defendants: 13 AM Pacific Engineering, Inc. and MV2 Energy Inc. 14 15 UNITED STATES DISTRICT COURT 16 FOR THE NORTHERN DISTRICT OF CALIFORNIA 17 PENSION PLAN FOR PENSION TRUST Case No.: CV 12-4738 DMR FUND FOR OPERATING ENGINEERS, et al. 18 STIPULATION TO CONTINUE CASE Plaintiffs, MANAGEMENT CONFERENCE; 19 ORDER vs. 20 Complaint Filed: 9/11/12 YUBACON, INC., INC., et al., CMC: April 10, 2013 21 Time: 1:30 p.m. Defendants. Courtroom: 4, 3rd Floor 22 23 Pursuant to this Court’s order entered February 7, 2013 (Dkt. 27), Rule 6(b) and 26(f) of 24 the Federal Rules of Civil Procedure, Northern District of California Local Rule 6.1(b) and 16-9, 25 and the Standing Order for All Judges of the Northern District of California, Plaintiffs Pension 26 Plan for Pension Trust Fund for Operating Engineers, et al.(“Plaintiffs”), and Defendants AM 27 Pacific Engineering, Inc. and MV2 Energy, Inc.
    [Show full text]
  • DATE: July 11, 2013 TO: Historic Preservation Commissioners FROM: Daniel A
    DATE: July 11, 2013 TO: Historic Preservation Commissioners FROM: Daniel A. Sider, Planning Department Staff RE: Market Analysis of the Sale of Publicly Owned TDR In May 2012, Planning Department (“Department”) Staff provided the Historic Preservation Commission (“HPC”) an informational presentation on the City’s Transferable Development Rights (“TDR”) program. In February 2013, the Department retained Seifel Consulting, Inc. and C.H. Elliott & Associates (jointly, “Consultants”) to perform a market analysis informing a possible sale of TDR from City-owned properties. The resulting work product (“Report”) was delivered to the Department in late June. This memo and the attached Report are intended to provide the HPC with relevant follow-up information from the May 2012 hearing. The City’s TDR Program Since the mid-1980’s, the Planning Department has administered a TDR program (“Program”) through which certain historic properties can sell their unused development rights to certain non- historic properties. The program emerged from the 1985 Downtown Plan in response to unprecedented office growth, housing impacts, transportation impacts and the loss of historic buildings. The key goal of the Program is to maintain Downtown’s development potential while protecting historic resources. The metric that underpins the Program is Floor Area Ratio ("FAR"), which is the ratio of a building’s gross square footage to that of the parcel on which it sits. Under the Program, a Landmark, Significant, or Contributory building can sell un-built FAR capacity to a non-historic property which can then use it to supplement its base FAR allowance. TDRs can only be used to increase FAR within applicable height and bulk controls.
    [Show full text]
  • BOMA Bulletin-Spring 2010
    SPRING 2010 www.bomasf.org BOMA San Francisco advances the commercial real estate industry through advocacy, professional development, and information exchange BOMA Membership An Investment in Local, State and National Advocacy for Commercial Real Estate would like to take this opportunity to issues, when the opportunity to influence thank you for renewing your decisions is greatest. Our local staff and On the Inside membership in BOMA San Francisco many members work closely with the paid for 2010. Your dues investment provides BOMA lobbyist in Sacramento. BOMA SF V ISITS DC our members with a variety of Ibenefits and services including BOMA International is a full- ••• 4 ••• luncheons, brown bag sessions, service trade association that seminars, social events, and advocates on behalf of our BOMA 360 opportunities to network with industry in Washington DC, professional colleagues and and provides a wide array of ••• 5 ••• expand your knowledge. Most educational programming for importantly, your investment commercial property YOUNG PROFESSIONALS and participation ensures practitioners. It is the only political advocacy on issues national real estate organization LEADERSHIP LUNCHEON affecting the regulations with a consistent and pro-active ••• 7 ••• governing our industry. presence in the various code Thomas Kruggel making bodies protecting your When assessing the value of a Hines interests. BOMA International is PAC AT THE PARK BOMA membership, we should also very active in the standard- ••• 8 ••• not overlook the portion of setting process and in bench- your dues that funds the activities of marking best practices, through vehicles TEXAS HOLD ’EM BOMA California and BOMA like the Experience and Exchange Report International.
    [Show full text]
  • Transbay Joint Powers Authority
    NEW ISSUE – Book-Entry Only RATINGS: See “RATINGS” In the opinion of Bond Counsel, under existing law and assuming compliance with the tax covenants described herein, and the accuracy of certain representations and certifications made by the Authority, interest on the 2020 Tax-Exempt Bonds is excluded from gross income for federal income tax purposes under Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”). Bond Counsel is also of the opinion that interest on the 2020 Tax-Exempt Bonds is not treated as a preference item in calculating the alternative minimum tax imposed under the Code. Interest on the Senior 2020A-T Bonds is not excluded from gross income for federal income tax purposes. Bond Counsel is further of the opinion that interest on the 2020 Bonds is exempt from personal income taxes of the State of California (the “State”) under present State law. See “2020 TAX-EXEMPT BONDS TAX MATTERS” and “SENIOR 2020A-T BONDS TAX MATTERS” in this Official Statement regarding certain other tax considerations. TRANSBAY JOINT POWERS AUTHORITY $189,480,000 $28,355,000 Senior Tax Allocation Bonds Senior Tax Allocation Bonds Series 2020A (Tax-Exempt) (Green Bonds) Series 2020A-T (Federally Taxable) (Green Bonds) $53,370,000 Subordinate Tax Allocation Bonds Series 2020B (Tax-Exempt) (Green Bonds) Dated: Date of Delivery Due: October 1, as shown on inside cover Bonds. The Transbay Joint Powers Authority (the “Authority”) is issuing the above-captioned bonds (the “Senior 2020A Bonds,” the “Senior 2020A-T Bonds,” and the “Subordinate 2020B Bonds” and, collectively, the “2020 Bonds”).
    [Show full text]
  • TJPA CRC Item 5
    CRC Agenda Item No. 5 Transbay Transit Center Community Facilities District Status of Development June 2019 Update Cumulative Actual /Estimated Actual /Estimated Actual /Estimated NET CFD Bond Original TCO Received CFC Received Units or NET CFD Bond Project Address Owner Use Taxable Square Proceeds Estimated or Expected or Expected Current Status Office SF Proceeds Footage (in millions) Completion (Calendar Year) (Calendar Year) (in millions) as of 2/19 as of 2/19 Salesforce East 350 Mission St KR 350 Mission Office 420,000 SF 52,000 $3.7 $3.7 2016 12/31/15 3/23/2017 Construction completed. Block 6 / Solaire 299 Fremont St Golub Residential 479 DU 296,141 $24.1 $27.9 2016 04/25/16 3/23/2017 Construction completed. 1 Boston Properties/ Salesforce Tower - Part I 415 Mission St Office 1,420,000 SF 1,420,186 $121.4 $149.2 2017 09/24/17 TBD Construction completed; CFC not issued as of 12/10/18 Hines Boston Properties/ Salesforce Tower - Part II 415 Mission St Office 1,420,000 SF 237,163 $1.9 $151.1 07/09/05 09/24/17 TBD Construction completed; CFC not issued as of 12/10/18 Hines 33 Tehama 41 Tehama St Hines Residential 398 DU 237,163 $20.8 $171.9 07/08/05 11/17/17 5/22/2018 Construction completed. 2 Ofc: 404,000 SF 181 Fremont 181 Fremont St Jay Paul Co Office/Residential Ofc/Ret: 436,332 $55.1 $227.0 07/09/05 05/08/18 TBD Construction completed; CFC not issued as of 9/18/18 Res: 74 DU Block 5 / Park Tower 250 Howard St Golub/John Buck Co Office 767,000 SF 764,659 $64.5 $291.5 1Q 2019 10/25/18 TBD TCO received 10/25/18 Block 8 / The Avery
    [Show full text]