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  #1  
Old Posted Aug 5, 2015, 6:46 PM
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SAN FRANCISCO | Parkmerced Redevelopment

Massive Parkmerced Project Slated To Break Ground

August 4, 2015
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The massive redevelopment plan for Parkmerced includes 5,679 net new units of housing, for a neighborhood total of 8,900; a network of new neighborhood parks, athletic fields, greenways and an organic farm; new underground garages on the west side of the site to discourage casual car usage by residents concentrated in buildings on the eastern side of the site; and a rerouting of MUNI’s M Ocean View line from 19th Avenue through the development, along with re-designed streets, bike paths and other transportation improvements.

And if everything goes as currently planned, construction for the first phase of the three-decade project, which includes the building of 1,668 housing units, of which 222 will be one-to-one replacement units for those demolished during Phase One, has been scheduled to commence in early February 2016.
....
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Old Posted Aug 6, 2015, 4:03 AM
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Cool. Very ambitious.

Is there a concern that this level of density is too much for a single Muni line to handle?
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  #3  
Old Posted Dec 6, 2019, 7:03 PM
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After Massive $1.8B Infusion, Megadevelopment Construction Will Begin Next Year Read

After Massive $1.8B Infusion, Megadevelopment Construction Will Begin Next Year
Quote:
The developer of one of San Francisco's most far-reaching megadevelopments says a major loan package has made it likely the project will now break ground next year.
https://www.bisnow.com/san-francisco...package-102108
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Old Posted Dec 6, 2019, 8:47 PM
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About damn time
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Old Posted Dec 6, 2019, 10:10 PM
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Rendering of the Parkmerced infill plan from the linked article above:

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  #6  
Old Posted Dec 8, 2019, 2:50 AM
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It is a very impressive masterplan, the only thing that could make it better would have been a few 30+ floor highrises mixed in.
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Old Posted Dec 8, 2019, 8:27 AM
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Quote:
Originally Posted by Busy Bee View Post
It is a very impressive masterplan, the only thing that could make it better would have been a few 30+ floor highrises mixed in.
Personally I am not a fan of the "tower in a park" type of structure. It basically means people need to drive everywhere and discourages walking. Residential towers belong downtown as part of a continuous commercial streetwall so the residents have most retail and other commercial needs within a few blocks and perhaps can even walk to work.
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Old Posted Dec 8, 2019, 3:03 PM
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There's already highrises at Parkmerced. All I'm saying is it would have been cool to add a few really tall ones. Not sure how that would be harmful.
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Old Posted Feb 6, 2020, 10:43 PM
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Investment firm approves $275 million loan for S.F.'s Parkmerced

Denver-based Apartment Investment and Management Company (AIMCO) recently approved a $275 million mezzanine loan — a type of loan made up of debt and equity — for the Parkmerced apartment buildout, the Registry has reported.
https://www.bizjournals.com/sanfranc...n-for-s-f.html
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  #10  
Old Posted Feb 7, 2020, 6:58 AM
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Originally Posted by Busy Bee View Post
There's already highrises at Parkmerced. All I'm saying is it would have been cool to add a few really tall ones. Not sure how that would be harmful.
Tall highrises aren’t harmful. Tall residential buildings surrounded by grassy lawns free of neighborhood retail or services so large numbers of people can’t walk to a restaurant or bank or drycleaner or cafe and have to drive to such places are bad. In the case of the Park Merced plan, such businesses may be salted throughout the plan area but it doesn’t look like it on the renderings and it looks like the planners were more concerned with the greenery than such carbon-sparing convenience services.
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Old Posted Feb 7, 2020, 2:42 PM
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Quote:
Originally Posted by Pedestrian View Post
Tall highrises aren’t harmful. Tall residential buildings surrounded by grassy lawns free of neighborhood retail or services so large numbers of people can’t walk to a restaurant or bank or drycleaner or cafe and have to drive to such places are bad. In the case of the Park Merced plan, such businesses may be salted throughout the plan area but it doesn’t look like it on the renderings and it looks like the planners were more concerned with the greenery than such carbon-sparing convenience services.
It does have a very 1960's "Towers in the Park" vibe to it.
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  #12  
Old Posted Feb 7, 2020, 3:24 PM
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Quote:
Originally Posted by Pedestrian View Post
Tall highrises aren’t harmful. Tall residential buildings surrounded by grassy lawns free of neighborhood retail or services so large numbers of people can’t walk to a restaurant or bank or drycleaner or cafe and have to drive to such places are bad. In the case of the Park Merced plan, such businesses may be salted throughout the plan area but it doesn’t look like it on the renderings and it looks like the planners were more concerned with the greenery than such carbon-sparing convenience services.
I mean, you can have both greenery and street lined retail. This proposal looks good. A good mix of both things you mentioned.
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Old Posted Feb 7, 2020, 7:48 PM
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Originally Posted by patriotizzy View Post
I mean, you can have both greenery and street lined retail. This proposal looks good. A good mix of both things you mentioned.
Hard to tell at the scale of the rendering. Fingers crossed.
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  #14  
Old Posted Feb 23, 2020, 10:12 PM
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I used to live here many years ago. Wild how different it will be soon.
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  #15  
Old Posted Aug 8, 2022, 3:56 PM
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Finally, an update!

The specs for Phases 1C and 1D:

Block 21S
- 14 story, 145 ft (two towers connected by a 6 story podium)
- 471 units
- Underground parking for 153 cars and 240 bicycles

Block 3W
- 42 ft
- 274 units
- Underground parking for 489 cars and 137 bicycles

Block B4
- 85 ft
- 151 units
- Parking for 0 cars and 84 bicycles

Quote:
New Renderings Under Review For Parkmerced Phase 1, San Francisco



BY: ANDREW NELSON 5:30 AM ON AUGUST 8, 2022

New renderings have been published for three new buildings with 896 units in the urban redevelopment of Parkmerced in San Francisco. The structures constitute Phases 1C and 1D, the last two subphases of the first leg of construction. Maximus Real Estate Partners is developing the 152-acre master plan.

The recently revealed images show the proposed design for Blocks 3W, 4, and 21S, with a combined residential capacity of 896 units with parking for 642 cars and 461 bicycles.





...

Phase 1A & 1B
The first stage of construction will be phases 1A and 1B. The two phases will reshape four blocks on the eastern and western ends of the master plan. Construction will add around 1,013 units across five new buildings designed by separate architects. Once complete, the buildings will offer replacement housing for the residents affected by Phases 1C and 1D.

Parkmerced Vision
Parkmerced was originally developed between 1941 and 1951 to become a ‘Marvel of Modernism’ with 3,221 units for veterans. The property was designed by architect Leonard Schultze and Associates, with landscape architecture by Thomas Church and Robert Royston.

Once Maximus’ full vision is built, Parkmerced will create 8,900 units across 91 buildings with 11.2 million square feet of total area. Along with housing, the master plan includes 230,000 square feet of retail, 80,000 square feet of offices, and 64,000 square feet for a community center. The project will also replace an existing preschool. The 11 existing X-floorplate towers will be retained through development.

The master plan by Skidmore Owings & Merill aims to reinvent the area with a thriving pedestrian-oriented neighborhood. The project will connect to the city with two new MUNI light rail stations, bus shuttles connecting residents to BART for regional transit, and dedicated bicycle paths across the 152 acres.

The property will offer significant amounts of vehicular parking, with below-grade garages and dedicated garage structures on the west side of the site. There will be some blocks without car parking, particularly around the project’s ‘social heart’ area by the central round-about.

The masterplan team includes Adavant Consulting, AECOM, BKF Engineers, Circlepoint, Fehr & Peers, HMS Associates, Hydroconsult Engineers, Page & Turnbull, PAE, Stantec, SWCA Environmental Consultants, and Tom Leader Studio. The development aims to achieve LEED Silver certification with initiatives such as integrated solar power and water efficiency technology.

Timeline
The project is among several large masterplans across San Francisco that would reshape large swaths of land with a high-density neighborhood by transit. However, like many, it has been delayed for years. Maximus was able to secure new entitlements for the 152-acre neighborhood back in 2011 with Board approval. The plan was refinanced in 2014, and the City approved phase one in June of 2015, with construction expected imminently. The project was poised to start construction later in 2015, and again in 2018.

After the delay, Maximus secured $1.775 billion for refinancing Parkmerced in 2019 with Barclays, Citi, and Aimco. The firm expected to secure construction financing in early 2020, with groundbreaking expected by last year. The progress was delayed. YIMBY has contacted Maximus for a new estimate of when construction may start on Phases 1A and 1B. We have not received an answer as of the time of publication.

The project is located just south of the Stonestown Development Project. Brookfield is currently in the early process of planning a 2,900-unit redevelopment of the mall’s parking facilities. The development will create roughly a dozen new structures across 30 acres, of which six will become open space. Construction of Stonestown is expected to last around ten to twenty years. Once complete, both developments hope to create a new hub of density connected by public transit with the rest of the city.
https://sfyimby.com/2022/08/new-rend...francisco.html
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  #16  
Old Posted Aug 8, 2022, 3:59 PM
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Old Posted Aug 8, 2022, 4:01 PM
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Old Posted Aug 8, 2022, 4:03 PM
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  #19  
Old Posted Aug 8, 2022, 7:13 PM
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Still looking good... now let's go...start building already!!!
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Old Posted Oct 25, 2022, 6:37 PM
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