30 Van Ness

The site at 30 Van Ness is city property. San Francisco owns this site, which potentially could be developed as residential units or as office units or as a combination of both. Currently city agencies are occupying the building but that arrangement ends in 2019. The City & County of San Francisco brought the site back on the market after a previous offer by Related California, a private developer, was rejected by the Board of Supervisors in 2015.

Interestingly, the City & County of San Francisco is not putting an asking price on the site. San Francisco in essence wants to see what offers come in that will include a higher than 20% affordable housing ratio. Developers interested in the site, which sits at the confluence of two major transit lines and roads, will have to calculate risk and reward for any project on the 30 Van Ness site.

©SFRE 2017

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