SF Shipyard Kicks Off Second Round of Home Sales; Prices Start in Low $500Ks

The San Francisco Shipyard has officially begun sales on its second release of homes just a month after selling out its first release. And while the first release saw prices that started in the mid-$400,000s for a one-bedroom condo, prices for the second release will start in the low $500,000s for a one-bedroom condo and range to the high $800,000s for a three-bedroom townhouse. That's well above the first release, where prices topped out at $670,000 for a three-bedroom, but still below average prices for the city. 159 units in two buildings are up for grabs in this round of sales.

The first of the two buildings, the nautically named Tides, is filled with two- and three-bedroom townhomes, may of which have private backyards, private decks, and attached garages. Thayer, the second building, is a "modern take on San Francisco's iconic Edwardian flats" and has one- and two-bedroom condos. The buildings are, of course, just a small part of developer Lennar Urban's huge vision for Hunters Point and adjacent Candlestick Point. Eventually there will be more than 12,000 new homes, 300 acres of parks and open space, an outdoor mall, and a research and development campus.

· San Francisco Shipyard Officially Sells Out First Two Buildings [Curbed SF]
· New SF Shipyard Homes Have Pricing That Starts Under $500K [Curbed SF]