California Construction News staff writer
One of San Francisco’s largest ever proposed housing developments was given a green light by the planning commission last week. The Stownstown Galleria mall redevelopment was unanimously approved.
At least 3,400 new homes would be built through a mix of townhouses, midrise buildings and a 19-story apartment tower.
The massive project will span several years and is expected to create more than 800 construction jobs each year, adding retail space, housing. It will be a project that will span several years to be completed.
The plan calls for 30 acres of surface parking lots to be developed. There will be 3,500 new residential units in buildings ranging from four-story townhomes to 18-story towers, including a 200-unit “senior village.” It will include six acres of parks, a town square and a plaza to host the neighborhood’s farmers market. About 20% of the housing will be below market rate.
A new 20th Avenue will cut through the center of the property, with about 150,000 square feet of shops, restaurants and entertainment. Parking will be moved underground as well as into parking structures.
The development is being called “very large down payment into the housing we are required to build on the westside of town.”
