New housing to replace UCSF's soon-to-be-former Laurel Heights campus has moved one step closer to becoming reality. The developers chosen for the site signed a 99-year lease with the university that will allow them to move forward with plans for hundreds of housing units and retail space. SKS Partners LLC and Prado Group were selected in May to develop the 10.3-acre property, which is currently home to several buildings but which is zoned for about 500 units of housing. The project will likely be the biggest in the northwestern part of the city, which has seen increased action lately with the launch of developments in places like Pacific Heights, where new housing is traditionally rare.
SKS and Prado will lease the property back to UCSF over the next five years while they put together a proposal for the site. No preliminary plans have yet been filed with the city, and the developers are prioritizing community outreach, according to the San Francisco Business Times. The development team has committed to some parameters, such as not constructing skyscrapers, and will likely be looking to build condos that capitalize on the area's prime location.
· Developers seal deal to build housing at UCSF's Laurel Heights campus [SF Business Times]
· UCSF Chooses Developers for Laurel Heights Campus Site [Curbed SF]
· Flashy Condos at Pacific Heights' 2121 Webster Break Ground [Curbed SF]
· Pacific Heights' Rockwell Breaks Ground on 260 New Condos [Curbed SF]