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No Hurry: City Plans Grace Period for Iced Developments

Now that the economy's got new developments on hold until cash begins to flow a little freer (see: Crescent Heights' condos at 10th and Market, Turnberry's high-rise at 45 Lansing, BayRock's Trader Joe's condos), the city Planning Department wants to extend building entitlements so the hard-won permits don't expire on developers— forcing them to start all over again. Under the proposal, more than 12,000 units of approved housing would be spared. And so would a couple office developments belonging to Lincoln Property at 350 Bush and 500 Pine. Says a planner: "We are trying to set the city up to be in a good place for the recovery." While we're waiting, everyone go to your "good place." We'll get through this yet!
· S.F. planners may put entitlements on hold [SF Business Times]
· Trader Joe's Site Needs a New Daddy [Curbed SF]
· Turnberry Towers Up in Rincon's Grill [Curbed SF]
· No Construction Watch: Crescent Heights Condos [Curbed SF]