[38 Geary]

Not exactly what we were hoping for but it's better than nothing I guess...

Supplemental Work Underway As Lendlease Keeps 30 Van Ness Avenue On Hold, San Francisco



By: Andrew Nelson 5:30 am on July 30, 2025

Plans for the 47-story mixed-use tower at 30 Van Ness Avenue in San Francisco are still on hold. However, a construction crane has returned to the site for limited work on the two-year-old foundation as the project developer, Lendlease, continues to wait before restarting work. The activity will ensure the existing site is stable with improvements to the sidewalk fencing.

The spokesperson for the Australia-based multinational real estate company Lendlease has confirmed with YIMBY that Hayes Point remains on hold, and that the current activity is related to public safety and ensuring structural integrity. This update comes just months after the developer and the city agreed on a deal to improve the financial feasibility of the entitled plans for a 47-story mixed-use tower. The agreement includes amendments to the 2020-approved entitlements, including a slight increase in office capacity, a sharp reduction in retail space, and the removal of the on-site affordable housing requirements.

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New building permits were issued in mid-June for “supplemental level 3 bracing of [existing] support of excavation system…” This permit estimated the work would cost around $4 million. According to Lendlease, crews will also make modifications to the site fence and walkway along Fell Street. As the statement by Lendlease’s spokesperson states, the timeline for when construction on Hayes Point might start depends on market conditions changing and increased optimism for a viable future where the mixed-use project could succeed. Previously, the developer estimated construction could cost a quarter billion dollars. The project is also just one of several in limbo in the Market-Octavia area, formerly named The Hub, as recently highlighted by the San Francisco Business Times.

https://sfyimby.com/2025/07/supplemental...n-ness-avenue-on-hold-san-francisco.html