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Approval for Giants’ Mission Rock hinges on housing mix, poll shows

March 18, 2015

By sfexaminer – excerpt

San Franciscans are OK with new development and will even approve tall buildings near The City’s waterfront, but on one condition. Affordability. A recent poll showed “overwhelming support” for “decisive city action” to require new developments to have 33 percent of residential units offered at below market rate — including the Giants’ proposed makeover of parking lots and Port of San Francisco property south of AT&T Park into a new neighborhood anchored by 380-foot towers.

In fact, without such a guarantee, ambitious construction projects like the Giants’ Mission Rock might not happen at all, according to the poll…

And developers, including the Giants, “are definitely listening” to the public, Elberling said. However, the Giants have reportedly had discussions about increasing below-market-rate housing at Mission Rock, Elberling said. Giants spokeswoman Staci Slaughter said the organization had no comment. Other developers have had success convincing voters to approve construction projects. Forest City’s plans to redevelop the old Union Iron Works at Pier 70 received 72 percent approval in November’s election… (more)

2 Comments leave one →
  1. a very curious retiree permalink
    March 18, 2015 2:30 pm

    Just how much will “below market rate” actually cost?


  2. March 18, 2015 3:00 pm

    That is a question many folks in the Mission would like to ask. What is the definition of “affordable?” and What is the definition of “below market rate?” I would ask a Supervisor. They are using the term. They should know what it means.


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