Joint Venture Eyes Residential Highrise in SF’s Outer Sunset

San Francisco Housing Development and Housing America Partners want to build a 22-story condominium and senior apartment complex in San Francisco’s Outer Sunset.

A Chicago architect has filed plans on behalf of the locally based developers to build the 446-unit, double-tower building at 2700 Sloat Boulevard, across from the San Francisco Zoo, the San Francisco Business Times and SFYimby reported.

The 459,000-square-foot building would replace the Sloat Garden Center, a retail nursery site once subject to a highly controversial plan to build a 50-story, 680-unit condo tower two blocks from the beach.

After Nevada-based CH Planning abandoned the plan in May, it sold the nearly 1-acre site to a unit of Housing America Partners for an undisclosed price.

The developer planned to build an eight-story affordable condominium building, with units sold to moderate-income households.

Now Housing America and San Francisco Housing Development have teamed up to propose a set of side-by-side towers atop a building base, with one containing 239 for-sale condos and the other containing 207 affordable apartments for moderate-income seniors.

The stepped towers would soar to 233 feet, and contain 94 studios, 173 one-bedroom, 120 two-bedroom and 59 three-bedroom condominiums and apartments. The ground floor would contain 10,500 square feet of shops and restaurants and a parking garage for 52 cars.

The developers invoked Assembly Bill 2011, which could streamline the project’s approval.

The U-shaped towers, designed by Solomon Cordwell Buenz, feature a white building stepped down to the sixth floors, with at least 19 lushly landscaped rooftop decks, according to a rendering. The wider condo tower has a rooftop pool.

The cost of the project is more than $200 million, Strachan Forgan, principal at the Chicago-based architecture firm, told the Business Times. A timeline for development was not disclosed.

San Francisco Housing Development, founded in 1988 by Black community leaders, has developed 1,600 affordable homes, with 360 affordable homes in the pipeline, according to its website.

Housing America Partners, founded in 2010, is led by Daniel Jimenez, who told the Business Times he had more than three decades of experience in the industry.

Last year, the developer responded to a request for qualifications issued by the City of Concord for the Concord Naval Weapons Station, but failed to provide complete information, the city said at the time. Its status with the California Secretary of State is listed as “Suspended – FTB,” which could mean a failure to meet its tax requirements to the state Franchise Tax Board.

— Dana Bartholomew