[BTinSF]

At last! Oh, yes indeed :cheers:

http://www.sfgate.com/c/pictures/2007/01/04/ba_trinity.jpg

Trinity Plaza plan moves ahead

The Trinity Plaza project made some progress Monday as a Board of Supervisors committee sent it to the full board.
Joshua Sabatini, The Examiner

SAN FRANCISCO - The massive 1,900-rental unit development proposed for a Market Street corner lot cleared a key hurdle Monday, as a Board of Supervisors committee sent the project on for a full board vote.

The so-called Trinity Plaza development proposal stalled at the committee level as the project neared the finish line. Members of the Board of Supervisors had put up resistance attempting to fine-tune a negotiated deal between developer Angelo Sangiacomo and Supervisor Chris Daly, whose district includes the proposed development site at Market and Eighth streets.

Under the initial proposal, the existing tenants at Trinity Plaza apartments, mostly of low incomes, were going to be displaced. The deal protected the existing tenants by setting aside 360 of the proposed units for rental by the tenants under city rent control laws at their current rent levels.

Supervisor Jake McGoldrick, who sits on the board’s Land Use and Economic Development Committee, had threatened not to send the project out of committee until it included more below-market-rate units, which initiated further negotiations.

The development returned to the committee last week with new terms, offering 15 percent of 1,540 units at below market rate and further protections on the 360 rent-controlled units to ensure they would remain rental units under city rent control laws for the life of the building.

McGoldrick reiterated last week his long-standing position of wanting 15 percent of the 1,900 units at below-market rate. But he backed off his position during Monday’s Land Use committee meeting and the committee voted to send the project to the Board of Supervisors.

McGoldrick said he abandoned his push for more below-market-rate units because it would not have been supported by the full Board of Supervisors.

“I’d hate for it to set a precedent that we are going to let other developers get a deal that is not as good as I think it could have been. But that’s OK. We’ll live with it,” McGoldrick said afterward.

Daly had argued that the deal brought as much public benefit as possible. “I think that I have pushed [it] almost to the brink of project extinction,” Daly said.

“We’ve worked hard together to get this thing done. It’s going to be a really beautiful project. I’ve been waiting a long time to get it done,” Sangiacomo said.

The full Board of Supervisors will vote on the proposed development on April 10.

http://www.examiner.com/images/newsroom/714462AB-B2A8-46DF-DC8072A4D1CA1DFC.jpg

Source: http://www.examiner.com/printa-641088~Trinity_Plaza_plan_moves_ahead.html

What is to be:

http://www.sfgate.com/c/pictures/2007/01/04/ba_trinity_plaza_ph.jpg

[LosAngelesSportsFan]

WOW that thing is massive! looks good though, in fact i really like it.

[BTinSF]

^^^If anyone can make a silk purse out of a sow's ear, it's Arquitectonica. But I wouldn't much care what it looked like--bringing several thousand new residents to that stretch of Market St. will make a huge difference.

Here's another view of it, I believe from Market St:

http://www.sfdowntown.com/aaMarpics/realestate.jpg

[urban_encounter]

What is to be:

http://www.sfgate.com/c/pictures/2007/01/04/ba_trinity_plaza_ph.jpg


I like it..

It will certainly be an improvement over the apartment building there now.
Especially considering it's prime Market Street address.


We have something similar here in Chicago off of I 94..

I'll try to snap a photo in the next few days if I can get over there and post it.

[sf_eddo]

If it's sent to the BOS, it will most likely be approved, right? The only thing in its way was the McGoldrick-Maxwell Land Use Committee?

[coyotetrickster]

If it's sent to the BOS, it will most likely be approved, right? The only thing in its way was the McGoldrick-Maxwell Land Use Committee?

Wasn't this on last night's BOS or was it replaced with a vote on the uber-crucial ban on plastic shopping bags? :rolleyes:

[fflint]

Eddo, yeah--Daly appears ready to carry it, so Trinity should pass through the rest of the civic gauntlet bloodied but still alive.

[sf_eddo]

So nwo the only thing we should be worried about I suppose is Sangiacomo's funding. And also, wasn't Sangiacomo um, about to meet his maker kinda soon, according to some news reports? Well, that would be an interesting turn of events.....

[botoxic]

Wasn't this on last night's BOS or was it replaced with a vote on the uber-crucial ban on plastic shopping bags? :rolleyes:

From socketsite:

"After Supervisor Chris Daly announced that the developer (Angelo Sangiacamo) has agreed to some last-minute amendments, the committee gave the project the green light. Supervisor Jake McGoldrick decided not to press with his additional amendments, allowing the project to finally go to a full Board meeting on April 10th."

The plastic bags take precedence!!! :haha:

[jessie_sanchez]

Looks awesome.

[urban_encounter]

Trinity....
http://www.sfgate.com/c/pictures/2007/01/04/ba_trinity_plaza_ph.jpg

meet Optima....

http://i18.photobucket.com/albums/b147/urban_encounter/ChicagoMarch312007002.jpg
Western exposure

http://i18.photobucket.com/albums/b147/urban_encounter/ChicagoMarch312007004.jpg
Southwest exposure

http://i18.photobucket.com/albums/b147/urban_encounter/ChicagoMarch312007006.jpg
Southern exposure

http://i18.photobucket.com/albums/b147/urban_encounter/ChicagoMarch312007005.jpg
Southern exposure


I love the Trinity Rendering and I think that it's going to look sharp on Market street; (espcially considering what it will be replacing.)

But from the rendering it looked a lot like Optima.. or at least the Market facing facade..

[viewguysf]

BT, why did you start two threads for the same project? :whatthefuck:

[MrMetropolitan]

Anything to start the gentrification of that area...Anything!

[BTinSF]

BT, why did you start two threads for the same project? :whatthefuck:

This came first and was based was based on a single article and of local interest only. Also, when I started it, I didn't realize TP was tall enough to merit a "highrise" thread. But then I realized this project met the criteria here for a highrise and deserved a thread in the planned projects section.

[Inkdaub]

"Under the initial proposal, the existing tenants at Trinity Plaza apartments, mostly of low incomes, were going to be displaced. The deal protected the existing tenants by setting aside 360 of the proposed units for rental by the tenants under city rent control laws at their current rent levels."

I love this part. As someone who has recently been evicted in the name of progress...condo conversion to be specific...I like seeing this sort of thoughtful attention to details other than money.

[Frisco_Zig]

"Under the initial proposal, the existing tenants at Trinity Plaza apartments, mostly of low incomes, were going to be displaced. The deal protected the existing tenants by setting aside 360 of the proposed units for rental by the tenants under city rent control laws at their current rent levels."

I love this part. As someone who has recently been evicted in the name of progress...condo conversion to be specific...I like seeing this sort of thoughtful attention to details other than money.

It does give us all a warm feeling but this is a unique project. A normal developer could never have pulled this off but the old guy has owned this property for decades

[coyotetrickster]

It does give us all a warm feeling but this is a unique project. A normal developer could never have pulled this off but the old guy has owned this property for decades

Sangiacomo, if any one recalls, is the original landlord who's behavior/actions prompted the city's rent control efforts, so for this project to get going, he knew he'd need a fiscal sacrifice and I'll bet he's adequately accounted for the cost of the first unit in the budget. And he's been sitting on that land for decades, so I'd bet it's fully amortized. Don't get me wrong, it's nice he and his estate made the offer, but without it, the increased density was not going to happen, and without that, no project....

[BTinSF]

Sangiacomo, if any one recalls, is the original landlord who's behavior/actions prompted the city's rent control efforts

Everybody keeps saying that but I don't buy it. In much of the US, a landlord can raise his rents to whatever point he wants and if the tenants don't like it, they are free to move. Whatever Sangiacomo did, it promted rent control because the leaders of the People's Republic of SF were predisposed to that form of government interference in private enterprise anyway.

Just had to toss that in. ;)

[Frisco_Zig]

Sangiacomo, if any one recalls, is the original landlord who's behavior/actions prompted the city's rent control efforts, so for this project to get going, he knew he'd need a fiscal sacrifice and I'll bet he's adequately accounted for the cost of the first unit in the budget. And he's been sitting on that land for decades, so I'd bet it's fully amortized. Don't get me wrong, it's nice he and his estate made the offer, but without it, the increased density was not going to happen, and without that, no project....


I am not defending Sangiacomo at all. I am have just noticed more than a few might be holding this up as some sort of progessive model of how unlimited benefits may be exacted from developers

This project is only possible because of who the landowner is. And I think its a shame that other projects, which could bring needed lower end housing and rental units are rarely possible here because they never pencil out

So we get one luxury condo after another

[viewguysf]

:deadthread:

[Reminiscence]

:deadthread:

No matter, this is old news anyways. Now we have an under construction thread to post news :)

[Jerry of San Fran]

I visited the Soma Grand Saturday to look at models on the 9th floor. From the west side I could see quite a deep hole for the foundation of Trinity Plaza phase I. I can now see the tops of the pile drivers from my apartment at the Fox Plaza and hope to have pictures when the building gets above ground.

[peanut gallery]

As Rem mentioned, the construction thread (http://forum.skyscraperpage.com/showthread.php?t=129548) for this is alive and well. Jerry, please post your pictures there when you have them. Thanks!