MEMO TO THE PLANNING COMMISSION HEARING DATE: October 1, 2020 September 24, 2020 Record No.: 2020-008009OTH Subject: Planning Commission Policy: Implementing Proposition E Staff Contact: Corey Teague, Zoning Administrator – (628) 652-7328
[email protected] Recommendation: Adopt the Proposed Resolution Office Development Annual Limit Program San Francisco’s Office Development Annual Limit Program (“Program”) was initially created in 1985 as part of the Downtown Plan. It limited the amount of large office development (projects containing at least 50,000 square feet of office space) that could be permitted each year in the City (the “Large Cap”). The passage of Proposition M the following year amended the Program in various ways, including the addition of a new and separate annual limit for smaller office development (projects containing between 25,000 square feet to 49,999 square feet), which is commonly known as the “Small Cap.” Each October 17th the Program receives an allotment of 875,000 square feet for the Large Cap, and allotment of 75,000 square feet for the Small Cap. Under the original Program, the Planning Commission could not allocate office space to any development in excess of what was available in the relevant cap at that time. Additionally, unallocated office space in one year rolls over to the next year, and unused office space may be revoked and returned to the relevant cap. A net total of more than 12 Million square feet of office was allocated from the Large Cap in the last 10 years, with the most recent allocations for projects within Central SoMa.