Amusing sign of Bay Area dysfunction when on the same day the planning commission votes to more than double taxes on new office construction....https://www.bizjournals.com/sanfrancisco/news/2019/09/20/san-francisco-commercial-development-fees-to-rise.html …
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Raising the fee is ostensibly to solve the city’s jobs-housing imbalance.https://twitter.com/matthaneysf/status/1175070718838505474?s=21 …
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But the proposed fee is $20/sqft higher than the planning dept says is feasible. https://commissions.sfplanning.org/cpcpackets/2019-011975PCA.pdf …pic.twitter.com/emY92QdqJr
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Also can’t solve jobs-housing imbalance if cos, again, move one town or so over.




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Totally functional:https://twitter.com/cafedujord/status/1176558326525489152?s=21 …
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Is it that impossible to turn office space into apartment space?
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And we have 800 more going before the Planning Commission (with opposition) on October 17th. :)
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Potentially to a site where Genentech helped kill a housing plan from a Chinese developer, which soon sold the project to one of the most successful SF office developershttps://www.sfchronicle.com/bayarea/article/Developer-puts-Oyster-Point-housing-plan-on-hold-12795497.php …
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lol corps who want office space at the expense of living space for future employees... "Who them? They'll figure it out. Is that my problem?"
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And where regional transit access is far worse (and I think they’ll struggle w retention as a result)
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Do FAANG have this problem? They're all of in the middle of nowhere South Bay; Oyster Point has the ferry and CalTrain at least.
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