There is a lot of new residential construction rising on the streets of San Francisco and even more is in the planning stages. The result will be an increase in the number of for-sale condominiums as well as rental units. About this, we say “Horray!” because frankly, this city needs both. The bulk of the current activity is focused on Mission Bay, South Beach, SoMa and mid/lower Market. Heck, there is even a huge project right in the heart of the Mission on Mission Street between 21st and 22nd. What about other areas of the city, where we haven’t seen very many new developments in the past several years, ya know since the Gap occupied what is now Pet Food Express on Market Street? To help navigate the many new projects, Zephyr Real Estate (aka, the Real Estate company I work for), created this handy-dandy map of the key sites for the long-awaited and much-needed Upper Market Street residential new construction condos. Not to be misleading…some buildings will be exclusively apartments/rental units.
We all remember the Ford-car-dealership-turned-one-time-party-venue at the corner of Market and Dolores, right? Now 2001 Market Street is being transformed into a 30,000 sq.ft. Whole Foods on the ground floor with 82 rental units on the floors above. Another project, 55 Laguna with its 100 units, is being developed as affordable housing for LGBT seniors which is something so desperately needed in San Francisco for this under-served group. And those are just 2 of 10 or more buildings that are or will be sprouting up on and around this section of Market Street.
With easy access to public transportation, parks, bars, restaurants and grocery stores, Market Street is right where San Francisco needs residential new development, be they for-sale condominiums or rentals.