The San Francisco Planning Commission is scheduled to review plans tomorrow afternoon for the 41-story residential tower at One Oak in San Francisco’s Market & Octavia Area Plan. The potential skyscraper is expected to add 541 apartments with ground-floor parking. The Emerald Fund is responsible for the application on behalf of the owner, Washington Capital.
One Oak view of the tower’s crown, rendering by SCB
The 436-foot-tall tower is expected to yield 595,000 square feet, including 419,300 square feet of housing, 53,100 square feet of parking, and around 17,750 square feet of amenity space. The three-level basement garage will be provided for 135 cars and 237 bicycles. Unit types will vary with 107 studios, 266 one-bedrooms, and 168 two-bedroom units. Residential amenities will include ground-floor facilities, the 15th-floor podium-top courtyard, and additional balconies on the 24th, 34th, and rooftop.
The project is expected to be fully market-rate housing, with plans to pay an in-lieu fee to finance affordable housing construction elsewhere in the city. The team used the 2023-passed city legislation to reduce that fee from over twenty percent to 16.4%.
One Oak aerial view looking down Van Ness Avenue, rendering by SCB
One Oak streetscape plan, rendering by Solomon Cordwell Buenz
SCB is the project architect. The latest illustrations show a bolder grid on the tower’s east-facing facade with horizontal white bands wrapped around every three floors, instead of two floors as per the previous plans. This minute change does more to complement the structure’s verticality. The western facade appears unchanged, with a barcode-style exterior and three inset balconies.
The 0.42-acre property is wedged between Market Street and Oak Street, overlooking the bus rapid transit lane along Van Ness Avenue. The project is just one of several high-rises struggling to materialize due to high construction costs, including 10 South Van Ness Avenue, 30 Van Ness Avenue, and 98 Franklin Street.
One Oak pedestrian activity and lobby view, rendering by SCB
One Oak site map, illustration by planning document
The meeting is scheduled to occur tomorrow, March 19th, starting at noon. The event will be held in the city hall and live streamed online. For more information about how to attend and participate, visit the city’s website here.
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1500 Market Street Emerald Fund One Oak SCB Solomon Cordwell Buenz The Hub Washington Capital