Saturday, May 07, 2016

1699 Market Street: Eyesore of the Week

1699 Market Street Rendering - McCoppin
1699 Market Street

Demolishing a low-rise building occupied by a viable business to make a nine-story apartment building is a consequence of the destructive Market and Octavia Plan I've been writing about for years. In a rapidly gentrifying San Francisco, the property underneath many buildings is now worth more than the present structures. Hence, demolishing low-rise buildings and constructing pricey new housing units makes economic sense to property owners.

Nine stories is relatively modest compared to the highrise boom coming to the Market/Octavia area.

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