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First Homes at San Francisco Shipyard Redevelopment Ready

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The San Francisco Shipyard redevelopment project that will cover more than 700 acres of Hunters Point is about to kick off with the launch of Merchant and Olympia, the site's first two condo and townhouse projects. Pricing for the new homes, which have been developed by Lennar, will start in the low $500,000s for one-bedrooms and from the high $500,000s for two bedrooms. The complex is located next to the brand new Innes Court Park and some units have views across downtown San Francisco. 88 units are about to go up for sale, while the development will eventually have more than 10,000 new homes. When the new housing opens, a free shuttle will connect the shipyard to the rest of the city, with stops in the Mission, SoMa, Dogpatch and Embarcadero. Additionally, each home in Merchant and Olympia will come with one underground parking spot. Units will feature Bosch appliances, quartz slab countertops and porcelain tile floors. Merchant has a private courtyard and rooftop deck, while apartments in Olympia have private patios or balconies. The two buildings are just the beginning of what is to come for the San Francisco Shipyard. Eventually there will be a new business incubator in an old warehouse, a 10,000-seat venue for events, over 330 acres of open space, a 300-slip marina, a new Bus Rapid Transit line, and the 10,000 residences, over 3,000 of which will be permanently affordable.

· The San Francisco Shipyard [Official Site]
· The San Francisco Shipyard [BuzzBuzzHome]
· Lennar's Hunters Point Development Now Has Prices [Curbed SF]