Builder's remedy has come to the Bay Area - San Francisco Business Times

Just three jurisdictions of the 109 that make up the Bay Area successfully adopted compliant housing elements by the Jan. 31 deadline: Alameda and San Leandro, in the East Bay, and San Francisco. Some jurisdictions, like Berkeley and Oakland, adopted Housing Elements by Jan. 31, but did not receive state approval of their plans before doing so.

But I did hear of one project going forward. Mark Hogan, a San Francisco-based principal at architecture firm OpenScope Studio, told me Thursday that he intends to submit a builder’s remedy project for a client in a “very small jurisdiction on the Peninsula” Feb. 3. The application, he said, is for “someone with a large lot who feels like we should be building a lot more housing and wanted to take advantage” of the provision.

“Most of the cites are very hard to develop in,” he told me, “and there’s very little land zoned for multifamily that is in a desirable location.” “You’re looking for the Santa Monica equivalents,” he told me. “That means an area where property values are high, anticipated return on investment is high and there’s a clear indication that the housing element is not in substantial compliance.”Even as builder’s remedy opens the door for sort of a “zoning free for all” across the Bay Area, obstacles to its utilization remain. Take CEQA, for example, which has become an infamous tool for stopping housing projects.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The True Life Companies pitches homes at Pleasanton's Hacienda Business Park - San Francisco Business TimesThe Hacienda Business Park, which already includes some homes, is increasingly being eyed for residential redevelopment amid state pressure on cities like Pleasanton to make way for more homes.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Former SoMa nightclub Harlot in San Francisco reborn as Madarae - San Francisco Business TimesSoMa's Harlot nightclub and lounge is getting a new look and lease on life as Madarae.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Local leaders prep for VIP hospitality push ahead of APEC - San Francisco Business TimesCity officials briefed business leaders on the opportunities — and coming fundraising efforts — for the big November meeting, expected to draw 12,000 to the city.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Facebook stock surges after announcing $40 billion share buyback - San Francisco Business TimesFacebook stock jumped in the extended session after the company reported fourth-quarter sales that were better than expected.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Gilead's Dan O'Day delivers a clear message: stability, sustainability - San Francisco Business TimesThrough acquisitions and organic research, the HIV and cancer drug developer is in a better position than it was three years ago, its chairman and CEO says.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Trumark Homes snaps up 30-acre Livermore site approved for 434 homes - San Francisco Business TimesThe site was previously entitled by another homebuilder that could not come to an agreement with the property's long time owner. It's been eyed for residential redevelopment for two decades.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »