Last month, rumors abounded of possible condos that would replace the distinctive Flax Art & Design store on Market near Valencia. The Planning Department has released the Preliminary Project Assessment that was filed last month, providing additional details on the proposed development. The proposal was filed by a development consulting company and looks to be on behalf of Presidio Development Partners, which is responsible for projects across the western United States, including Fox Plaza Condo Tower in San Francisco. Plans include demolishing the existing building to construct a 9-story, 85-foot tall mixed use building with with 160 units, 123 parking spaces and 4,500 square feet of commercial space.
The Planning Department has recommended cutting back on parking, lowering the height of the building along McCoppin Street where it exceeds height limits, and designing the building with greater deference to the adjacent 1695 Market Street, a historic resource. According to a building permit that has been filed, the architect attached to the project at this point is Solomon Cordwell Buenz, a Chicago-based firm best known locally for designing One Rincon Hill. The proposal is still in its early stages and it would be a few years before any new housing is actually built.
· 1699 Market Street Preliminary Project Assessment [SF Planning, PDF]
· More Details on Flax Art & Design's 9-Story Replacement [Hoodline]