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Demolition Permits Filed For Transbay Block 2 In SoMa, San Francisco
BY: ANDREW NELSON 5:30 AM ON JULY 18, 2023

Demolition permits have been filed for the existing single-story terminal building of Transbay Block 2 at 200 Folsom Street in SoMa, San Francisco. The permit was proceeded by new building permits from mid-November of last year for two future affordable housing developments with a total of 335 homes. The city’s planning department has yet to issue the permits to both developer, Mercy Housing, and the Chinatown Community Development Center.

The overall development cost of Transbay Block 2 is likely to exceed $300 million, with the new building permits estimating construction to cost around $131 million. The 17-story Transbay Block 2 East proposal is being led by Mercy Housing, with the nine-story Transbay Block 2 West developed by the Chinatown Community Development Center.

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Demolition will be required of the temporary Transbay Bus Terminal, an interim public transit nexus during the construction of the Salesforce Tower and the Transbay Transit Center. The site has been operated over the last couple years as The Crossing at East Cut, a community hub for festivities, watch parties, and other public events.

Next to Transbay Blocks 2 and 3, Block 4 will round off the property with a 47-story residential tower developed by Hines and Mercy Housing. New building permits were filed for the 681-unit project at 200 Main Street in late 2019. The city has yet to issue the building permits, though the Board of Supervisors approved the tower in August last year.

https://sfyimby.com/2023/07/demoliti...francisco.html