BAY AREA REAL ESTATE NEWS
San Francisco's Planning Department has unveiled a new plan to protect cultural and economic diversity in the Mission District. Called Mission Action Plan 2020, the set of proposals includes new regulations for the number of bars and restaurants in the area, preservation of spaces that allow light manufacturing, and would require special authorization for businesses that replace so-called “legacy businesses,” Mission Local reports. Assuming the plan is approved by the Board of Supervisors, it should go into effect this summer.
In an effort to offset San Francisco's carbon footprint, the city is planting 2000 more trees over the next two years. The effort will cost about $4 million, UPI reports, and is "expected to be worked into the upcoming budget." The ultimate goal is to reach zero carbon emissions by 2050, so in addition to the tree effort "the city plans to make 80 percent of all travel in the city by a sustainable mode of transit." The strategy behind the latter project has yet to be revealed.
A huge new development is up for approval next week. Socketsite reports that the proposed building at 1140 Harrison Street will include "a mix of 131 studios, 90 one-bedrooms and 150 two or three-bedroom apartments," to rise up to seven stories. Included in the space will be a gym, dog spa, bike lounge, and lobbies as well as 6,600 square feet of ground floor commercial space. If it receives Planning Department approval, the structure will break ground this year and finish construction in mid-2021.