Parking-space spat may halt $400 million tower

By J.K. Dineen : sfchronicle – excerpt

Van Ness and Market is the location of the One Oak Street Project. This intersection is known for its powerful winds that sweep through the wide intersection. Photos by google.

The tower proposed for the northwest corner of Market Street and Van Ness Avenue is big and bold in every respect. It would rise 40 stories. It would cost more than $400 million to build. It would bring a European-style piazza, an expansive restaurant with 30-foot glass walls and 304 luxury condos to one of the city’s busiest crossroads…

In the case of the One Oak Street tower, which goes before the Planning Commission on Thursday for approvals, the Hayes Valley Neighborhood Association is pushing the developer to trim the number of parking spaces by 60 spots, from 136 to 76. This would represent a reduction from .45 to .25 parking spaces per unit, or from nearly 1 for every 2 to 1 for 4…

“It’s a marketing tool,” Yarne said. “Nobody, myself included, expects people in this building to be driving everywhere. We don’t. But the marketing professionals will tell you until the cows come home that people want the option.”…

“We are in challenging times in San Francisco because construction costs are high and sales prices have flattened,” Yarne said…

If the Planning Department approves the development, it goes to the Board of Supervisors’ Land Use and Transportation Committee in July and later to the full board for final approval… (more)

The more famous SF becomes for being a parking nightmare the more people will demand parking, but this project sounds like it has more than just parking issues. The idea that the public space will be cleaner and more well-kept than most is the real page turner since this is ground zero for the needle brigade. Stay tuned…

After a short deliberation the Planning Commissioners approved the higher number of parking spaces. Commissioner Hillis said that he know of only one family in his childrens’ school that did not own a car. One assumes that his is not that family. AS they voted to approve the project the Commissions admitted that some day condos may be built without parking spaces but that day has not yet come. One need only look at the numbers of requests for parking to verify that is true.

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