A little more from the the Sunday Chronicle's article by Carolyn Said:
SF's Building Boom Brings Change to City
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And this is just the beginning: Even-larger projects on the horizon will add thousands more housing units at Parkmerced, Pier 70, Mission Rock (the Giants' parking lot), Hunters Point/Candlestick and Treasure Island (though the latter two just lost significant Chinese financing). The Planning Department is feverishly adding staff to keep up. Developers have applied to construct another 40,000 housing units over coming years, although admittedly not all will get built.
NeMa and AvalonBay apartment projects can be seen along Market Street. Lea Suzuki, The Chronicle
What spurred this frenzied burst of activity in a notoriously antidevelopment city?
Much of the current flurry is catch-up after a long dormancy. New construction almost ground to a halt during the economic downturn - in 2011, a scant 269 housing units were built. Many of the current projects went through the city's Byzantine approval process several years ago, then stalled when financing was difficult to obtain.
Last year, as the tech-fueled local economy rebounded and the national picture brightened, the money spigot turned back on. "Shovel ready" projects broke ground virtually overnight.
And San Francisco's housing fundamentals - surging demand along with soaring rents and home prices - are stronger than ever.
"What we see in San Francisco's skyline today is the culmination of more than two decades of smart planning that has now been kick-started by a recovering economy and a renewed sense of investor confidence in our city," said Mayor Ed Lee.
City planners say the clustering of high-occupancy developments was deliberate.
"Over many years of planning, we've aimed to direct dense growth where it makes the most sense: near transit, along Market and main corridors that can be revitalized with neighborhood eateries and retail," said John Rahaim, San Francisco planning director.
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Some 4,000 new housing units opening soon translate into thousands of new residents. A jump in population means a surge in the need for everything from sewer lines to parks to buses to parking spaces. Developers pay a range of impact fees for Muni, schools, open space, libraries and other city services. The city then uses those funds to expand infrastructure accordingly.
But some facilities aren't elastic: streets and parking, for instance. Could the building boom cause gridlock downtown?
Planners say that having dense developments in transit-rich areas - and not providing a full parking space for every unit - will avert traffic-related problems.
"There's been a sea change with parking requirements," Baker said. "Planners realized that building a lot of parking garages doesn't make the city better, it makes it more congested."
Toward that end, "all downtown developments have very aggressive parking controls," Rich said. "It varies from 0.5 to 0.75 spaces per unit. In that part of the city, it is realistic to live without a car and many people are happy to do so. We have to work on getting transit to be more reliable and have more capacity."
Muni has long-range expansions in the works such as the Bus Rapid Transit systems on Van Ness and Geary Street, as well as the Central Subway that extends from the Fourth Street Caltrain station to Chinatown, with stops in SoMa and Union Square.
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