Posted May 29, 2020, 7:51 PM
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heavy user of walkability
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Join Date: May 2008
Location: Mission Bay, San Francisco
Posts: 3,148
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Balboa Reservoir update
from a few weeks ago...
Quote:
Originally Posted by timbad
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now...
Balboa Reservoir passes Planning Commission
Quote:
Planning Commission greenlights 1,100 unit Balboa Reservoir project
Development near CCSF expected to include 50 percent below-market rate units
Ida Mojadad
The Balboa Reservoir project, expected to bring 1,100 units to a City-owned parking lot near City College of San Francisco, received key approvals Thursday.
The San Francisco Planning Commission unanimously approved the mixed-use project’s environmental review and agreement with a private developer, and recommended that the Board of Supervisors rezone the 17.6-acre area.
The project would construct 1,100 units just west of City College’s Ocean Campus and south of Archbishop Riordan High School. About four acres would be reserved for public use, including childcare and play space. Half of the units would be designated as affordable, with the City responsible for funding 17 percent of the total units to boost the number of affordable units.
About 150 of those affordable units would be reserved for City College faculty...
But fears that the project could increase displacement and worsen affordability persist, as the below-market-rate units would be reserved for those making up to 120 percent of the area median income, or about $143,000 for a household of four by the City’s numbers.
Groups like the CCSF Collective and the faculty union, the American Federation of Teachers 2121, are advocating instead for the public land to be used for 100 percent affordable housing units.
City College, which currently uses the site for parking, has not yet reached an agreement on the development..
Transportation remains another sticking point. ...
Developer AvalonBay would be required to pay $10 million in fees to the San Francisco Municipal Transportation Authority for improvements to surrounding transit lines. ...
The project would be built in phases, with affordable housing first built by BRIDGE Housing in 2022, then Mission Housing and Habit For Humanity in the second phase. It is anticipated to be completed by 2028, should the Board of Supervisors approve it.
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