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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Kim-Mai Cutler Retweeted Roland Li
one of the city’s biggest privately held companies signals it may move two cities south because of lack of office space....https://twitter.com/rolandlisf/status/1174806562453381120?s=21 …
Kim-Mai Cutler added,
Roland Li @rolandlisfStripe, newly valued at $35 billion, considers leaving San Francisco because of lack of available office space: https://www.sfchronicle.com/business/article/35-billion-startup-Stripe-considers-move-out-of-14453688.php … Last year, the company was also a major opponent of Prop C, the tax for homelessness services4 replies 4 retweets 42 likesShow this thread -
Kim-Mai Cutler Retweeted Historic 100 Year Flood Zone Preservation District
To a city that has 5.5 million square feet of office space and only 800 units of housing under construction.https://twitter.com/belmontrenters/status/1148849629020033024?s=21 …
Kim-Mai Cutler added,
6 replies 4 retweets 42 likesShow this thread -
Kim-Mai Cutler Retweeted Matt Haney
Raising the fee is ostensibly to solve the city’s jobs-housing imbalance.https://twitter.com/matthaneysf/status/1175070718838505474?s=21 …
Kim-Mai Cutler added,
Matt HaneyVerified account @MattHaneySFThe Planning Commission approved legislation I authored to increase Jobs Housing Linkage Fee! This will build 1000s of units of affordable housing with 500+ million over the next 10 years! We are in a housing and homelessness crisis, we must act with boldness and urgency. pic.twitter.com/oJhPexQwRk2 replies 2 retweets 16 likesShow this thread -
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
1 reply 2 retweets 28 likesShow this thread -
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I'd prefer more housing to be built relative to office. But the last decade's boom basically only barely allowed the city to run in place against its $10 billion in unfunded pension and retiree health liabilities. 


https://www.sfchronicle.com/bayarea/article/SF-taking-steps-to-avoid-projected-future-budget-13509714.php …
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