The City of San Francisco released a Request For Interest to identify office building conversions that city officials could help expedite with zoning changes, regulatory measures, and financial incentives.
The city’s Office of Economic and Workforce Development and Planning Departments are seeking responses from downtown building owners and sponsors on proposals to convert underused commercial space into housing or other uses. The announcement identifies “office-to-housing” projects as a particular interest, but responses may include conversions of non-residential floor area for other uses.
This is San Francisco’s latest step in an effort to revitalize its downtown in a post Covid-environment where office space is underused while formerly downtown-based employees work from home part-time or full time.
The city recently sponsored a study on how to boost vitality in its financial district. The panel that undertook the study offered recommendations including:
- Creating downtown destination zones through ground-plane activation to help transform public spaces and empty storefronts into city attractions.
- Reducing and restructuring businesses taxes, including the gross receipts tax, commercial rents tax, CEO tax, and transfer tax.
- Providing incentives for office-to-residential conversions to tackle the housing shortage.
- Offering other incentives, such as impact-fee waivers and property tax abatement, as well as reducing zoning and building code barriers to adaptive reuse projects.
City officials are also working on an adaptive reuse roadmap for architects, builders, and developers to adapt projects to current building codes and planned revamped codes.
Related Stories
Multifamily Housing | Aug 19, 2021
Multifamily emerges strong from the pandemic, with Yardi Matrix's Doug Ressler
Yardi Matrix's Doug Ressler discusses his firm's latest assessment of multifamily sales and rent growth for 2021.
Resiliency | Aug 19, 2021
White paper outlines cost-effective flood protection approaches for building owners
A new white paper from Walter P Moore offers an in-depth review of the flood protection process and proven approaches.
Senior Living Design | Aug 13, 2021
Designing with dignity for senior living, with Mike Rodebaugh, LEO A DALY
In this exclusive interview for HorizonTV, Mike Rodebaugh, AIA, Senior Living Sector Leader with LEO A DALY, describes how his firm applies "hospitality magic tricks" in its senior living communities, using design to lend dignity to residents, staff, and residents' families and social circles.
Multifamily Housing | Aug 10, 2021
A long-gestating apartment building finally gets underway in Long Beach, Calif.
Broadstone Promenade will add another piece to the city’s downtown lifestyle.
Multifamily Housing | Aug 9, 2021
Eden House residential development will rise 16 stories in Nashville
Gresham Smith designed the project.
| Aug 8, 2021
Furniture installation lends a 'hospitality feel' to a new apartment community in Colorado Springs
Furniture Solutions Group procured the furniture, window treatments, artwork, and accessories for the Mae on Cascade apartments in Colorado Springs.
Multifamily Housing | Aug 1, 2021
An aging public housing complex in L.A. is being redeveloped
The city and county are grappling with an escalating homeless crisis
Multifamily Housing | Jul 30, 2021
Multifamily housing for a post-COVID world
A trio of multifamily design experts presents concepts for post-pandemic apartment developments.
Multifamily Housing | Jul 28, 2021
158-unit multifamily complex set to begin construction in D.C.’s Logan Circle
Hickok Cole is the project architect.