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Sunset Rising

Parkmerced, the long-stalled 8,900-unit development planned for a 152-acre site near Lake Merced, is on track to finally break ground next fall. The project has survived many setbacks over the years, including a recent lawsuit. The whole thing will take more than 20 years to complete; phase one will add 1,572 apartments over the next five years. [SF Business Times; previously]