City planners are headed for a clash with neighborhood advocates over the question of which Central South of Market development projects will win the first round of city approvals. It’s a dispute that could lead to years of delays for millions of square feet of office projects and 9,000 housing units. On Thursday, San Francisco Planning Director John Rahaim will recommend that the Planning Commission prioritize three Central SoMa projects that are the most “shovel ready,” the ones ready to start construction soonest. In addition, he will ask the three developers to build their projects in phases, rather than all at once. That approach is diametrically opposed to the process favored by local nonprofits, who argue that the developments with the most community benefits — goodies like affordable housing, open space, artists studios and child care facilities — should be put at the head of the line. The order in which projects get city approval is significant, … [Read more...] about Should first Central SoMa developments be most ‘shovel-ready’ or most beneficial?
Storm waters flood the Van Ness Muni Metro station in San Francisco on Dec. 7, 2019. Storm waters flood the Van Ness Muni Metro station in San Francisco on Dec. 7, 2019. Photo: Brian Sheehan/Courtesy Photo: Brian Sheehan/Courtesy Image 1 of / 12 Caption Close Image 1 of 12 Storm waters flood the Van Ness Muni Metro station in San Francisco on Dec. 7, 2019. Storm waters flood the Van Ness Muni Metro station in San Francisco on Dec. 7, 2019. Photo: Brian Sheehan/Courtesy See water pouring into Muni station during strong Bay Area storm 1 / 12 Back to Gallery A fierce storm caused water to pour down the stairs of Van Ness Muni station in San Francisco on Saturday, prompting a station closure due … [Read more...] about See water pouring into Muni station during strong Bay Area storm
SAN FRANCISCO — Spotify’s opening act on Wall Street struck a chord with investors betting the unprofitable company’s trend-setting music streaming service will maintain its early lead over Apple and other powerful challengers. After several hours of anticipation Tuesday morning, Spotify’s shares traded as high as $169 in their stock market debut before falling back slightly. The stock closed at $149.01 — well above its previous high of $132.50 in deals worked out during Spotify’s 12-year history as a privately held company. The stock market’s warm welcome left Spotify with a market value of about $27 billion, according to FactSet. By comparison, internet radio station Pandora Media’s market value stands at $1.2 billion nearly seven years after that company went public. The performance left Spotify’s market value among the 10 highest ever recorded by a technology company following their first day of U.S. trading, according to … [Read more...] about Spotify’s stock market debut strikes a chord with investors
A small food market will open in Sun Valley, the neighborhood with one of Denver’s greatest concentrations of poverty, with government funding. Denver Housing Authority plans to open the GROW Market in September 2020 at West 10th Avenue and Decatur Street. It will include basic goods and groceries, along with fresh produce from local organic providers and an on-site garden. Standing at about 1,800 square feet, the store will be relatively small. Full-size grocery stores are roughly 40,000 square feet. The market also will offer jobs and training for young people living in Sun Valley’s public housing community, Sun Valley Homes. The market’s being built with $1.3 million of federal funding managed by DHA and the city of Denver.GROW is part of DHA’s “complete redevelopment” of Sun Valley Homes. Its 300-plus units will be rebuilt as part of a new mixed-income community of 750 homes. The nearest major grocery store is a Safeway a mile north of Colfax, … [Read more...] about Grocery market coming to Denver’s Sun Valley neighborhood with federal funding
Top 10 Most Expensive Streets in Des Plaines The following are the Top 10 most expensive streets in Des Plaines 1. Reding Circle - Average: $678,770 Reding Circle is the 1st most expensive street in Des Plaines, with single family homes built from 1974 to 2008, and ranging in price from $449,888 to $899,000. It is home to the Lake Mary Ann Estates subdivision. 3 homes homes for sale / View recent sales 2. Longford Drive - Average: $605,000 Longford Drive is the 2nd most expensive street in Des Plaines, with single family homes built from 1995 to 1995, and ranging in price from $605,000 to $605,000. It is home to the Longford Glen subdivision. View recent sales 3. Lunt Avenue - Average: $591,250 Lunt Avenue is the 3rd most expensive street in Des Plaines, with single family homes built from 1941 to 2007, and ranging in price from $532,500 to $650,000. It is home to the Orchard Place subdivision. View recent sales 4. Meadow Court - Average: $560,000 Meadow Court is the 4th … [Read more...] about Top 10 Most Expensive Streets in Des Plaines