10 Real Estate Deals Poised to Remake the Tenderloin 2/10

10 Real Estate Deals Poised to Remake the Tenderloin 2/10


 

10 Real Estate Deals Poised to Remake the Tenderloin

 

The San Francisco Examiner used to call the Tenderloin “hell at your doorstep,” but despite the bad rap and funky condition of the sidewalks, it’s one of San Francisco’s greatest neighborhoods. It’s also a longtime holdout against major development or redevelopment, even as the tech sector spreads through its southern-lying little brother neighborhood, Mid-Market.

Still, today’s news that Reddit is leasing space on Taylor Street is the latest sign that  the 30 blocks east of Van Ness are not immune to market realities. Will everything change? Do we want it to? Or will the Tenderloin simply stay the Tenderloin? Here are ten deals primed to help decide what kind of Tenderloin San Francisco will see in the future.

 

2 1066 Market Street

New market-rate condos in the Tenderloin, owned by Shorenstein Properties to boot? What’s the world coming to? The presence of this proposed 300-unit, Arquitectonica-designed building at the Tenderloin’s front door makes many nervous, The Tenderloin Neighborhood Development Corporation suggests that with only 36 affordable units, it will price out neighbors. But Planning approved it 5-2 in March.

 

1066 Market St., San Francisco, CA 94102