Quote:
Originally Posted by embora
[SIZE="3"]PACIFIC HEIGHTS: I've also noticed that demolition is under way at Pacific Heights, which is located on the western half of the block that McDonald's occupies, between A, B, and 11th. Civicsd.com says that Pacific Heights is a 22 story building with 279 apartment units.
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Didn't Bosa buy this property a while back? I thought their strategy was to buy out competitors and land bank all of these properties to keep the market tight (this property, "The Block", and other empty parking lots). So far their focus has been on the bayfront (two towers currently under construction). Moving east into EV would be very surprising, unless they're trying to beat out Pinnacle and their twin 32 story project nearby, which won't start construction until well after the second Pinnacle on Park tower is completed in 2018-19.