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Old Posted Jul 11, 2014, 6:47 PM
WildCowboy WildCowboy is offline
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Join Date: Aug 2007
Posts: 527
Quote:
Originally Posted by wakamesalad View Post
John King from the Chronicle says this is 160 Folsom St. The is actually the address for the little building on the corner of Folsom and Main St. that was the Infinity sales office while it was u/c.
Socketsite says the address is 100 Folsom St., which is the address of the parking lot which this tower will be built upon, on the corner of Folsom and Spear sts.
I tend to trust Socketsite more than the Chronicle (very sad but true!).
160 Folsom St. may be address of the 8 story affordable housing project for this development.
Gotcha...thanks.

Quote:
Originally Posted by minesweeper View Post
I'm all for taller buildings, but I really wonder why they're trying to build 100 feet taller than the lot is zoned for. Asking for height increases is asking for trouble in this town. The city spent the better part of a decade zoning this for 300', presumably to create a staircase effect down towards the waterfront and to limit shadows cast on the Transbay Park planned for Block 3. I just don't understand why developers keep trying to stir up the NIMBY hornet's nest.

Tishman can rightly argue that the Infinity is 400 feet tall right across the street, and the taller height will allow for more affordable units to be built, but those same arguments failed spectacularly for the 8 Washington project. Maybe they're expecting less opposition since this is farther away from Telegraph Hill/North Beach. Keeping the affordable units on site helps their case too. But, even if this somehow manages to sail under the NIMBY radar (unlikely), it still adds a year or two to the project timeline as it needs new approvals from the Planning Commission and Board of Supervisors for the height increase.
Well, they're presenting two designs, so the hope is that they can win people over with the sleeker look and more money for affordable housing with the taller one, but can always fall back to the shorter one if necessary.

100 feet means a lot in terms of making this thing work, and it should be higher than 300 here...kudos to them for pushing for it.