X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN FRANCISCO-Developer Brian Spiers’ plan for an eight-story residential-over-retail development at the corner of Market and Buchanan streets cleared a big hurdle this week when the San Francisco Board of Supervisors rejected two appeals of the Arquitectonica-designed project. Pending financing, construction is expected to begin sometime next year.

One appeal was filed by the San Francisco Building and Construction Trades Council, a union, which argued that the development site, a former gas station, poses an environmental threat due to “highly contaminated soil and groundwater,” the excavation of which could put at risk workers, neighbors and the environment in general. The Board of Supervisors landed unanimously on the side of city planning department staff, which countered that a comprehensive plan is already in place to mitigate potential site hazards.

Spiers, who conducted nine environmental studied en route to the mitigation plan now in place, has accused the union of using the appeal as a way of pressuring him into using 100% union labor on the project. The union has denied the accusation. Spiers, who was not available Wednesday for comment, has said he expects approximately 70% of workers to be union members.

In a 7-to-4 vote the Board also rejected an appeal of the project brought by neighbors, who argued that the development does not comply with “human scale” design parameters and would block their natural light. Board members voting to reject the appeal reportedly acknowledged adverse affects to neighbors but believed them to be outweighed by the opportunity to create more opportunities for home ownership without losing rental stock.

Spiers reportedly acquired the 22,000-square-foot lot for approximately $10 million a few years ago. The project calls for an 85-foot-tall, 150,000-square-foot mixed-use building that would house 115 residential units and 8,150 square feet of street-level retail. The development would include 17 units meeting the city’s affordability requirement. Eighty-three parking spaces would be located beneath the building.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.