Hundreds of condos are planned south of Market Street inside a pair of new nine-story buildings, where storefronts will be built as potential housing units.
The market-rate housing project will replace surface parking lots between Folsom and Tehama streets, stretching southwest from Fifth Street more than halfway toward Sixth Street.
A two-story warehouse will be the only building demolished by the project.
The new buildings will be divided by Clementina Street, the affected portion of which will become a narrow public park.
Full financing hasn’t been secured and a construction date hasn’t been set, according to city planner Corey Teague.
Some commissioners and neighbors said they worry that the homes will be marketed to higher income-earners than currently fill the concrete-dominated neighborhood.
The site is close to the Rincon Hill neighborhood, which is planned to become a Manhattan-style part of The City dominated by high-end condos in high-rise buildings.
But it’s closer to the residential, hotel-dominated Sixth Street corridor, where low-income residents spill into the streets during the day because they lack public parks and living rooms.
Of the 448 homes planned inside the building, 68 will be sold below market-determined prices and targeted at low- to moderate-income earners. Parking for bicycles and 323 cars will be included.
Some ground- and first-floor areas will be designed to be used for stores, housing or community spaces.
“[Inclusion of the flex-space units] was really a response to some of the community meetings,” architect Holly Arnold told planning commissioners. “The thought being that occupied space was better than empty space, be it retail or residential.”
New residents will live among San Francisco’s richest network of public transit, with a high-speed rail terminal expected to eventually join Muni and BART stations within a short walk of the site.
But they could also find themselves living across the street from a noisy new firehouse planned on the other side of Folsom Street.
The San Francisco Museum of Modern Art plans to build the fire station at 935 Folsom St. in exchange for an existing Howard Street firehouse that’s in the path of its expansion plans.
New SoMa housing
A planned project will add hundreds of residential units.
900 Folsom St.
8 homes that could be used as shops
221 ground-level and underground parking spaces
4,146 square feet of ground floor commercial space
102 underground parking spaces
5,281 square feet of ground floor commercial space
Source: San Francisco Planning Department