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Originally Posted by timbad
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I think the recent surge in steel and concrete prices due to tariffs sidelined a LOT of projects. I have also heard anecdotally that financing was put on hold for a lot of rental projects until Prop 10 settles but can't confirm this is true beyond gossip, or which projects specifically were sidelined.
I know we all lust over the bigguns here but the midrise infill on this stretch of Market, as well as the projects on Market around Brady/12th/Franklin/Gough/Valencia, are going to do more to clean up and properly activate Market once complete. Right now those two stretches are dead and super vulnerable to dereliction...empty storefronts waiting for projects to begin construction, demo'd buildings, etc. Those would do so, so, so much to unite Market as a pleasurable walk from Castro to Embarcadero and connect everything. Similar to how 1270 Mission (now on hold although allegedly they are trying to VE it to pencil) would remove a notorious deadzone on Mission and connect SOMA Grand/Trinity Place to NEMA/Twitter/Goodwill developments. Right now we have these super vibrant islands surrounded by dead zones that encourage drug dealing and usage, and we need connectivity for Market and Mission to work as fully intended.
Alas this is SF, "the city that can"...we can't have nice things.