522-Unit Multifamily Tower Proposed For SoMa District
Solbach Property is looking to build a 46-story apartment tower in San Francisco’s SoMa District. The property would contain 522 units and require the demolition of a nearby coffee stand and two-story commercial build on the site.
The building would span 550K SF with 3.4K SF of ground-floor retail. The project will also include 31K SF for parking, holding up to 106 vehicles and 235 bicycles. SFYimby first reported the Solbach Property Group’s preliminary plans.
The units would vary in size from studios to three-bedrooms, averaging 776 SF. Seventy-nine units will be designated as affordable housing, which will make the project eligible for a 50% state density bonus.
The project will be located at 636 Fourth St., at the corner of Fourth and Bluxome streets.
New housing development in San Francisco has seen numerous roadblocks in recent months, attributed primarily to rising costs and a lengthy permitting approval process. Some projects, such as the proposal for a high-rise development from Related California on Franklin Street, have seen incremental successes, in exchange for the developer helping create more affordable housing in the city.
