"A stalled residential project which could make up nearly 1,000 of the 82,000 new units San Francisco is mandated to build in the next half-decade appears to be back in motion and headed toward construction. As the SF Business Times reported Wednesday, developer Crescent Heights is making some moves on 10 South Van Ness, a project that has been in the planning stages at least eight years."
"The planned 67-story tower at the site of a former Honda dealership (currently SVN West) would contain over 950 apartment units, as we last reported in 2024, with 15 one-bedroom units, 408 two-bedroom units, and 29 three-bedroom units. Crescent Heights was seeking credit for contributions already made to affordable housing in the city, and it's not yet clear whether that will mean a portion of affordable units will still be allocated in this tower."
An approximately 67-story residential tower at 10 South Van Ness is moving toward construction with a targeted start in 2027. The development would supply over 950 units, including one-, two-, and three-bedroom apartments. Developer Crescent Heights has begun pricing construction, design, and engineering teams while pursuing credit for previously made affordable-housing contributions; the allocation of affordable units in the tower remains uncertain. The final unit mix — condos, rentals, or a combination — has not been set and may depend on market conditions closer to completion. The site is zoned for extra-high heights amid other nearby high-rise projects.
#san-francisco-housing #crescent-heights #10-south-van-ness #high-rise-residential #affordable-housing
Read at sfist.com
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