Posted Mar 16, 2012, 7:40 PM
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Registered User
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Join Date: Jul 2011
Location: San Francisco
Posts: 613
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It's great to see some projects coming out of mothballs.
Here are two recent national stories about SF:
Revived Project Lifts Bayview, a Blighted San Francisco Area - NYTimes.com
By BARBARA TANNENBAUM
Quote:
Now, the completion of a troubled $75 million mixed-use development at 5800 Third Street is evidence that the long-sought revitalization is finally taking root.
Divided into two mixed-use buildings with public courtyards and shared common space, the 315,000-square-foot project’s 137 condominium units are priced to appeal to first-time “work force” buyers. Holliday Development has sold the entire ground floor, as well as 50 of the 71 units in the first building. Sales of the second building’s 66 units are scheduled to begin this month.
Prices range from $300,000 for a one-bedroom with a den to the high $400,000s for three-bedroom units.
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San Francisco's Hot Real-Estate Spot for the Rising Tech Generation - WSJ.com
By NANCY KEATES and GEOFFREY A. FOWLER
Quote:
A bidding war broke out in November when a small house in San Francisco's tightly packed Noe Valley came on the market.
Twenty-two people, including employees of Facebook, Zynga, Google and Pixar, battled for the home. The winning offer was $1.5 million—40% higher than the asking price. The house had a great view, but it was only 1,800 square feet and came with an old kitchen which, like most of the interior, was covered in 1970s plywood paneling. Seen from the curb, there's hardly any house at all—just a one-car garage and gate leading to small front courtyard.
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