And now CCHO and company are saying HomeSF and Prop A obviates need to further upzone the Westside.
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Property values have risen 7-9% a year- rents have skyrocketed- what small residential property owner or landlord wants a statewide sensible upzone to interfere w that?
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Anti SB50 is pure political powerflex.
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And one of the handful of times it was invoked, the pushback led to a project being shelved - RIP Lucky Penny.
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Hold on, is the Lucky Penny dead dead? I thought that project was going to happen, not via HOME SF but by a spot upzoning:https://hoodline.com/2018/02/special-use-district-proposed-for-geary-masonic-development …
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Virtually no SF project is completed in 30 months. HOME SF reflects larger city approval dysfunction, not a lack of interest from developers.
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“Progressive”
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Imo when the planning commission refused to consider process incentives for 30% affordable housing they greatly reduced the appeal@of homesf.
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That said, my crystal ball expected homesf to heat up several@years after adoption, developers are still chasing higher rent known markets on the east side of the city, as the city told them to do with various area plans
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