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Old Posted Dec 13, 2015, 3:55 AM
mthd mthd is offline
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Join Date: Jan 2007
Posts: 867
Quote:
Originally Posted by wakamesalad View Post
I believe the requirements are ordered by the State as part of the deal after CalTrans sold the land to the city. Now that fewer and fewer plots of land are available in Transbay for BMR units, it is becoming much more difficult to pencil out affordability requirements on site.

A new auction should be set and the developers should stick with Transbay's original plan which was for an 800'+ office tower, therefore, no BMR requirement. Tall office towers look much better on the skyline than residential towers IMO.
parcel F is waaay too small for a 800' office tower.
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