Quote:
Originally Posted by peanut gallery
Another example is the very nice Salvation Army housing in the Tenderloin. We can insist all we want, but the reality is that developers won't build unless it pencils out. That means housing that is going to sell below market rates isn't going to be built with the best architecture and finishes. Clearly it can be done in some cases, but I don't think it will ever be the norm.
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Yes, PG, this is a wonderful example. As BT and others have also pointed out numerous times, the Tenderloin has seen many nice improvements in the last four years or so.