Giants’ Giant Development Plan for AT&T Parking Lot Approved

After more than a decade of planning, the Giants’ Mission Rock project secured a round of city approvals on Thursday to build up to 1,600 homes with 40 percent of the units priced for low-and moderate-income households.

In addition, according to the San Francisco Examiner, Mission Rock will include 8 acres of open space, 1.4 million square feet of offices and roughly 244,800 square feet of retail and industrial spaces. The project also calls for the renovation of the adjacent Pier 48 bulkhead.

The Planning Commission unanimously voted to certify the environmental review of the project, among other approvals. The project will still need to go before the Board of Supervisors, Port Commission and state bodies.

But hey, this at least gets them to first base, and we say way to go! That massive parking lot south of the stadium couldn’t remain a parking lot forever.

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Weekend Events and the Weekly Real Estate Update

This is one of the biggest weekends of the year in San Francisco. It all starts with Fleet Week, and the incredible air show that takes place today, Saturday, and Sunday above our City and the bay. Over the same three days, the Hardly Strictly Bluegrass free music festival happens in Golden Gate Park — with 90 performers on seven stages. And Litquake starts tonight with hundreds of authors, poets, and journalists featured in a myriad of separate events over the next nine days.


On the “Homes for Sale in San Francisco” front, here’s our report for this week, 10/1/17 – 10/7/17

What It Means When You Hear a Home Has Good Bones

Buyers and sellers hear this phrase from time to time, and so we thought we would explain what it means. When someone says, “This home has good bones,” they are often suggesting that while the house on the surface may not be as appealing as others, it possesses some attributes that might make it worth a second look.

In homes with good bones the floor plan flows well so it’s easy to get from one area of a home to another, and it all makes sense based on what you’re doing in these spaces. For example, the kitchen should be next to the dining room, rather than at the opposite end of the house. Homes with good bones typically feel spacious rather than cramped, thanks to ample room size and high ceilings. Meanwhile, large windows let in plenty of natural light.

A home with good bones generally needs little work in terms of major repairs. The infrastructure — such as the foundation, electricity, and plumbing — are all in good shape. You may need to paint the walls, or sand down those hardwood floors, or update that trapped-in-a-1980s-time-warp kitchen. But the good news is cosmetic renovations are less expensive than major repairs.

9 Days of Litquake Begin Tomorrow

A third signature event hits San Francisco this weekend. As if Fleet Week and the Hardly Strictly Bluegrass music festival aren’t enough, Litquake kicks off on Friday as well!

Litquake is huge, but kind of hard to describe. Here’s how organizers put it:

Whether it’s poets reciting in a cathedral, authors discussing science versus religion in a library, or novelists reading in a beekeeping supply store, the goal remains the same: whet a broad range of literary appetites, present the literary fare in a variety of traditional and unlikely venues, and make it vivid, real, and entertaining.

Now grown to the largest independent literary festival on the West Coast, Litquake continues its mission as a nine-day literary spectacle for booklovers, complete with cutting-edge panel discussions, unique cross-media events, and hundreds of readings.

Hundreds of authors, poets, and journalists will be featured in a myriad of separate events. Many of these events are free, and many others are $5-$10. To lean more visit the Litquake website, or check out their Facebook page by clicking here.

Hardly Strictly Bluegrass Happens this Weekend!

This is one of the biggest events of the year. Hardly Strictly Bluegrass happens this weekend! 90 musical artists on 7 stages in Golden Gate Park. And it’s all FREE! The festival starts this Friday at noon, and ends Sunday night, at around 7PM.

The weather is supposed to be beautiful, so it promises to be a spectacular three days of live music in the park — “treating your ears” as organizers say.

Jami Ross, a fan of the event, seems to have taken one look at the schedule and immediately posted this on Facebook: “Incredible lineup. Which means so many tough choices! Good thing about that is you can’t go wrong. I can’t wait!”

It’s likely a lot of people agree with her. The HSB Facebook page has over 75,000 followers.

To see the lineup of performers, and for more information on the event, please click here.

Johnny Doughnuts Has Arrived in Hayes Valley

Yes. We’re talking about Hayes Valley again. So many good places to eat now in this neighborhood! The newest addition is Johnny Doughnuts. According to sf.eater.com, the wildly popular doughnut truck operation with a San Rafael shop that’s had to double in size to keep up with demand, is now larger still with the opening of its San Francisco location.

Johnny Doughnuts says all of their artisan doughnuts are handcrafted with the finest organic cool milled wheat flour and ingredients from locally sourced vendors. You’ll find old favorites like classic chocolate and glazed doughnuts, and new interpretations, like their jam filled bismarks, and croissant and doughnut hybrids that they call a “Crodough.” They even have something they call a “Wheat-Free Fritter Thang .”

The new shop is located at 392 Fulton Street, and the place is open from 7AM to 4PM, or until sold out. To visit their website and learn more, click here.

Get Ready! It’s Fleet Week!

Fleet Week is here. That means, among other things, the Blue Angels are in town. It’s always a thrilling time, held in October when the sun tends to shine brightest on the Bay. Weeklong activities include remarkable air shows on Friday, Saturday, and Sunday, along with practice sessions on Thursday. The week also features the Parade of Ships under the Golden Gate Bridge, which takes place on Friday.

Organizers describe their mission this way:

San Francisco Fleet Week celebrates the rich naval tradition in the Bay Area, honors the men and women serving in today’s armed forces and facilitates annual disaster preparedness training with the Navy, Marines and local first responders.

More than one million people are expected to watch the air shows. They are always loud and breathtaking, made only more so when set against San Francisco’s iconic skyline, bay and bridges.

For times, locations, and more information, click here.

Weekend Events and the Weekly Real Estate Update

There’s a lot to do this weekend. The 2017 SF Chinatown Autumn Moon Festival takes place on Grant Avenue on Saturday and Sunday from 11AM to 6PM both days. On Saturday night, two outdoor movies are being shown; Wreck-It Ralf on the Balboa Park Lawn in Balboa Park, and The Iron Giant at the Civil War Parade Ground in the Presidio. The 82nd Annual Blessing of the Fishing Fleet takes place this Saturday and Sunday, with activities planned for both days. And finally, the  Bridge to Bridge Run — named “America’s most beautiful run” by Sports Illustrated — happens on Sunday morning at 8AM.


On the “Homes for Sale in San Francisco” front, here’s our report for this week, 9/24/17 – 9/30/17

A Shortage of Single Family Homes and Price Increases

Business Columnist Kathleen Pender with the Chronicle wrote a column last Sunday that looks at the Bay Area real estate market. She quotes CoreLogic, and reports that the median price paid for a Bay Area home in August posted its biggest year-over-year gain in 19 months, rising 11.6 percent to $742,000.

The median price dropped 3 percent from the month before, but as she points out prices typically dip between July and August, by an average of 1.6 percent over the past few decades. The figures she quotes include new and existing single-family homes and condos in the nine-county Bay Area.

In San Francisco, she says that the hottest part of the market continues to be single family homes in more affordable neighborhoods such as the Sunset, Richmond and Bernal Heights neighborhoods.

She goes on to say that only eight to 10 brand new homes come on the market each year in the City, and that includes homes that were torn down and rebuilt. In fact, single family home inventory has been static for about 50 or 60 years, while over the same period tens of thousands of condos have been built.