This resolution approves the sale and lease of land rights at 200 Main Street for $6 million to F4 Transbay Partners LLC and Transbay Block 4 Housing Partnership, L.P. It also includes findings related to redevelopment plans, environmental quality, and consistency with city planning policies.
Resolution approving the disposition of land, and entrance into a ground lease of certain air space rights, by the Successor Agency to the Redevelopment Agency of the City and County of San Francisco to F4 Transbay Partners LLC, a Delaware limited liability company, and Transbay Block 4 Housing Partnership, L.P., a California limited partnership, for a purchase price of $6,000,000 for the property generally located at 200 Main Street, bounded by Howard, Main and Beale Streets and extending approximately 205 feet southeast from Howard Street (Assessor's Parcel Block No. 3739, Lot Nos. 010 and 011), commonly known as Transbay Block 4; making findings under the Transbay Redevelopment Plan (incorporating California Health and Safety Code, Section 33433); making findings under the California Environmental Quality Act; and making findings of consistency with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
How it got here
This ordinance amends the Zoning Map to allow taller buildings for the Transbay Block 4 Redevelopment Project, located on Howard Street. It also includes environmental findings and confirms alignment with the city's General Plan and planning policies.
This legislation involves a hearing to approve changes to the Transbay Redevelopment Plan, allowing for taller buildings and larger floor sizes on Block 4, as well as the sale and lease of land rights for development. It aims to facilitate the construction of new projects in the area by increasing height limits and making necessary findings for the redevelopment.
The ordinance aimed to update the General Plan to support the development of the Transbay Block 4 project by changing height limits and bicycle policies. It has failed to pass.
This legislation involves a hearing to approve changes to the Transbay Redevelopment Plan, allowing for taller buildings and larger floor sizes on Block 4, as well as the sale and lease of land rights for development. It aims to facilitate the construction of new projects in the area by increasing height limits and making necessary findings for the redevelopment.
The ordinance aimed to update the General Plan to support the development of the Transbay Block 4 project by changing height limits and bicycle policies. It has failed to pass.
This ordinance amends the Zoning Map to allow taller buildings for the Transbay Block 4 Redevelopment Project, located on Howard Street. It also includes environmental findings and confirms alignment with the city's General Plan and planning policies.
