Posted Jul 6, 2021, 6:42 PM
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Elite Member
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Join Date: Dec 2016
Location: San Francisco
Posts: 24,128
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Quote:
PPA Issued For 1338-1370 Mission Street, SoMa, San Francisco
BY: ANDREW NELSON 5:30 AM ON JULY 6, 2021
The City of San Francisco has issued the preliminary project assessment (PPA) for a 30-story mixed-use tower with affordable housing proposed for 1338-1370 Mission Street in SoMa, San Francisco . . . . Now that the PPA has been issued, the developers, Malex Holdings, must file the project application within 18 months or submit the document again . . . .
The assessment considered the project’s utilization of the state density bonus, approving the building height, the project’s position within the Filipino Cultural Heritage district, and means for community outreach . . . .
City records show 1338 Mission Street last sold in 2015 for $5.175 million, while the three properties between 1340-1370 Mission Street sold in mid-March of 2020 for $26.1 million. An estimated timeline for construction has not yet been shared.
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https://sfyimby.com/2021/07/ppa-issued-for-1338-1370-mission-street-soma-san-francisco.html
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