SAN FRANCISCO—Young Community Developers, a nonprofit that serves the Bayview Hunters Point community, and AMCAL Multi-Housing, a leading affordable housing developer, joined together to develop Pacific Pointe, the first 100% affordable housing development in the San Francisco Shipyard. Pacific Pointe is already fully leased to households earning no more than 50% of the San Francisco median income. Young Community Developers will be providing training and social services to residents.
“I am encouraged that the Pacific Pointe project actually serves the residents of the Bayview neighborhood. Many of our neighborhood's residents live at Pacific Pointe and many have worked on its development,” said supervisor Malia Cohen. “Not only has the construction of this project provided job and training opportunities for residents but also more permanent affordable housing opportunities for Bayview residents.“
Located at 350 Friedell St., Pacific Pointe includes 60 fully equipped apartments, many with views of the city and Bay. The project was developed in cooperation with the San Francisco office of community investment and infrastructure and is part of the inclusionary affordable housing in FivePoint's (formerly Lennar Urban) redevelopment of the 638-acre Shipyard, the largest redevelopment effort in San Francisco history. Lennar provided a $10 million construction subsidy and the site infrastructure for the new affordable community. Bank of America is the lender and tax-credit investor for the project.
“There was a carefully defined application and lease-up process that was overseen by the San Francisco mayor's office of housing and community development. Just under 2,600 people submitted applications for 59 units,” Adam Monaghan, assistant project manager, development, AMCAL Multi-Housing, tells GlobeSt.com. “Applicants were selected through a lottery process and their applications were reviewed and approved by AMCAL's lease-up team, including Imagine That Consultants and FPI Management, in collaboration with the mayor's office of housing and community development.”
Pacific Pointe has one-, two- and three-bedroom apartments with onsite amenities including four community rooms and lounges, laundry facilities, a common space kitchen and secured parking. Two four-story buildings sit atop a one-story garage that provides 45 parking spaces and 44 bike spaces. The project provides outdoor public spaces common to market rate apartments such as a rooftop open-air deck and landscaped courtyards. The site is close to the Third Street light rail line, Muni bus line, a bicycle route, India Basin Shoreline Park and Hilltop Park, Hunters Point #2 School and the city's Southeast Health Center.
The master plan for the San Francisco Shipyard and adjacent Candlestick Point includes 12,000 homes, 3 million square feet of office space, an urban outlet center, local retail, restaurants, a theater and performing arts space. Plans are in place to create 326 acres of parks and open space at the sites.
The design by David Baker Architects and INTERSTICE Architects is contemporary with exterior architectural elements to create a distinctive façade for the structure. The corten steel “sail” pays homage to Hunters Point's history as a shipping community. Sustainability played an important role in the design and construction of the building and Pacific Pointe achieved GreenPoint Rated status.
SAN FRANCISCO—Young Community Developers, a nonprofit that serves the Bayview Hunters Point community, and AMCAL Multi-Housing, a leading affordable housing developer, joined together to develop Pacific Pointe, the first 100% affordable housing development in the San Francisco Shipyard. Pacific Pointe is already fully leased to households earning no more than 50% of the San Francisco median income. Young Community Developers will be providing training and social services to residents.
“I am encouraged that the Pacific Pointe project actually serves the residents of the Bayview neighborhood. Many of our neighborhood's residents live at Pacific Pointe and many have worked on its development,” said supervisor Malia Cohen. “Not only has the construction of this project provided job and training opportunities for residents but also more permanent affordable housing opportunities for Bayview residents.“
Located at 350 Friedell St., Pacific Pointe includes 60 fully equipped apartments, many with views of the city and Bay. The project was developed in cooperation with the San Francisco office of community investment and infrastructure and is part of the inclusionary affordable housing in FivePoint's (formerly Lennar Urban) redevelopment of the 638-acre Shipyard, the largest redevelopment effort in San Francisco history. Lennar provided a $10 million construction subsidy and the site infrastructure for the new affordable community.
“There was a carefully defined application and lease-up process that was overseen by the San Francisco mayor's office of housing and community development. Just under 2,600 people submitted applications for 59 units,” Adam Monaghan, assistant project manager, development, AMCAL Multi-Housing, tells GlobeSt.com. “Applicants were selected through a lottery process and their applications were reviewed and approved by AMCAL's lease-up team, including Imagine That Consultants and FPI Management, in collaboration with the mayor's office of housing and community development.”
Pacific Pointe has one-, two- and three-bedroom apartments with onsite amenities including four community rooms and lounges, laundry facilities, a common space kitchen and secured parking. Two four-story buildings sit atop a one-story garage that provides 45 parking spaces and 44 bike spaces. The project provides outdoor public spaces common to market rate apartments such as a rooftop open-air deck and landscaped courtyards. The site is close to the Third Street light rail line, Muni bus line, a bicycle route, India Basin Shoreline Park and Hilltop Park, Hunters Point #2 School and the city's Southeast Health Center.
The master plan for the San Francisco Shipyard and adjacent Candlestick Point includes 12,000 homes, 3 million square feet of office space, an urban outlet center, local retail, restaurants, a theater and performing arts space. Plans are in place to create 326 acres of parks and open space at the sites.
The design by David Baker Architects and INTERSTICE Architects is contemporary with exterior architectural elements to create a distinctive façade for the structure. The corten steel “sail” pays homage to Hunters Point's history as a shipping community. Sustainability played an important role in the design and construction of the building and Pacific Pointe achieved GreenPoint Rated status.
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