The California Pacific Medical Center currently sits on nearly five acres along California Street in Presidio Heights. The land will open up for housing when the medical center moves over to its new Cathedral Hill campus, and CPMC has now tapped TMG Partners—which recently extricated itself from the Transbay site where the planned Norman Foster tower will rise—to lead the redevelopment. As the San Francisco Business Times notes, no plans have been drawn up yet for the site, but it could become either condos or senior housing.
Nothing can happen on the site until at least 2019, when CPMC is scheduled to move into its new home. Between now and then, CPMC is required to hold neighborhood meetings to allow local residents to have input on the project. TMG is expected to reveal their proposal for the land sometime this year. If condos are planned, they would join a whole host of other new condo developments, from the Pacific to UCSF's soon-to-be redeveloped Laurel Heights campus, in a part of the city where new housing is traditionally rare.
· TMG Lands Deal to Develop Huge Housing Site Now Home to CPMC's Presidio Heights Campus [SF Business Times]
· Future Site of Transbay's Norman Foster Tower to Sell to Chinese Developers for $296M [Curbed SF]
· Flashy Condos at Pacific Heights' 2121 Webster Break Ground [Curbed SF]
· Plans Afoot for Housing to Rise on UCSF's Laurel Heights Land [Curbed SF]