{"id":115509,"date":"2025-12-31T22:59:09","date_gmt":"2025-12-31T22:59:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/115509\/"},"modified":"2025-12-31T22:59:09","modified_gmt":"2025-12-31T22:59:09","slug":"san-francisco-approves-67-story-housing-tower","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/115509\/","title":{"rendered":"San Francisco Approves 67-Story Housing Tower"},"content":{"rendered":"

The long-delayed redevelopment of 10 South Van Ness Avenue is moving forward after San Francisco approved developer Crescent Heights\u2019 revised plan for an 820\u2011foot tower.<\/p>\n

If built, it would become the city\u2019s third\u2011tallest building, the San Francisco Chronicle reported<\/a>.<\/p>\n

The 67\u2011story project, authorized on Dec. 17, includes 1,019 homes and advanced under Senate Bill 423, which accelerates approvals for transit\u2011oriented and mixed\u2011income developments, as well as California\u2019s density bonus program.\u00a0<\/p>\n

Crescent Heights\u2019 Adam Tartakovsky described the site as a central gateway location combining panoramic views with technology\u2011driven amenities.<\/p>\n

The project features a mixed housing program: 363 rental units \u2014 including 89 affordable homes \u2014 will occupy the podium levels, while 656 condominiums will rise above in the tower. The new design is significantly taller and denser than earlier proposals dating back a decade, when the site operated as a Honda dealership.\u00a0<\/p>\n

Crescent Heights, which also built the nearby NEMA apartment tower, has taken steps to meet its affordability obligations by purchasing and donating a Mission District parcel next to the 16th Street BART Station for future affordable housing. That site had previously been the focus of intense opposition<\/a> to a market\u2011rate project known as the \u201cMonster in the Mission.\u201d After it switched to affordable housing, San Francisco gave $60 million to the project<\/a>.<\/p>\n

If completed, 10 South Van Ness would trail only Salesforce Tower and the Transamerica Pyramid in height, though other proposed towers \u2014 including Hines\u2019 77 Beale Street redevelopment and the stalled Oceanwide Center \u2014 could eventually surpass it. Construction could begin as early as 2027.<\/p>\n

Miami-based Crescent Heights, led by CEO Russell Galbut, has extensive experience in market-rate multifamily development in Los Angeles<\/a>, Chicago<\/a> and its home market. Projects vary from conversions and redevelopments to ground-up buildings.The company owns 93 properties, according to its website.<\/p>\n

\u2014 Joel Russell<\/p>\n

\tRead more
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SF pols give $60M to \u201cMonster in the Mission\u201d\u00a0<\/p>\n

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\t\t\t\t\t\t\t\t\t\t\t\t\t\"Crescent\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

Crescent Heights plans LA\u2019s biggest condo conversion project in 52 years<\/p>\n

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\t\t\t\t\t\t\t\t\t\t\t\t\t\"Crescent\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

Crescent Heights goes offbeat with apartment-to-condo conversion\u00a0<\/p>\n

\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The long-delayed redevelopment of 10 South Van Ness Avenue is moving forward after San Francisco approved developer Crescent…\n","protected":false},"author":2,"featured_media":115510,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[56799,46726,1335,56521,61660,101,103,102,104,106,105,61661,27988],"class_list":["post-115509","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-francisco","tag-crescent-heights","tag-density-bonus","tag-development","tag-high-rise","tag-hines","tag-san-francisco","tag-san-francisco-headlines","tag-san-francisco-news","tag-sf","tag-sf-headlines","tag-sf-news","tag-transit-oriented-development","tag-urban-development"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/115509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=115509"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/115509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/115510"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=115509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=115509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=115509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}