This ordinance approves a development agreement for a project at specific locations in San Francisco, which includes the payment of over $4.3 million for affordable housing and compliance with various city codes. It also confirms that the project aligns with the city's General Plan and environmental regulations.
Ordinance approving a Development Agreement between the City and County of San Francisco and EQX Jackson SQ Holdco LLC for the development of a project on certain real property known as 425 Washington Street, 439-445 Washington Street, 530 Sansome Street, and 447 Battery Street, and generally bounded by Sansome Street to the west, Washington Street to the north, Battery Street to the east, and Merchant Street to the south; approving certain impact fees and accepting and appropriating a $4,310,710 additional affordable housing payment; confirming compliance with or waiving certain provisions of the Administrative Code, Planning Code, Public Works Code, Labor and Employment Code, and Health Code; ratifying past actions and authorizing future actions in furtherance of this Ordinance, as defined herein; adopting findings under the California Environmental Quality Act; making findings of conformity with the General Plan, and the eight priority policies of Planning Code, Section 101.1(b); and making findings of public necessity, convenience, and general welfare under Planning Code, Section 302.
How it got here
The legislation originated from a need to develop a mixed-use project that includes a new fire station and affordable housing in San Francisco.
The Board adopted resolutions urging the City’s Real Estate Division to issue a request for proposals to redevelop the fire station through the sale of the City Parcel air rights.
The City and Developer entered into an Original Conditional Property Exchange Agreement for the exchange of the City Parcel for a new fire station on the Developer Parcels.
The Planning Commission approved the Original Project, which included a new mixed-use building and a replacement fire station.
The Board adopted Resolution No. 629-24, endorsing key terms for a development agreement for the Modified Project, which included a new fire station.
The Developer submitted a request to enter into a development agreement for the Project Site in general conformance with the Key Terms.
The Planning Commission certified the Final Environmental Impact Report (EIR) for the Project, affirming its adequacy and compliance with CEQA.
The Board of Supervisors finally passed the ordinance approving the Development Agreement between the City and EQX Jackson SQ Holdco LLC.
Reconstructed from attached documents & the official record
This ordinance creates a special district for the development of a mixed-use tower and fire station at 530 Sansome Street, allowing for streamlined approval processes and height increases for certain properties. It also includes provisions for reviewing the landmark status of a nearby building and ensures compliance with environmental and planning regulations.
The ordinance allows EQX Jackson SQ Holdco LLC to use parts of Merchant Street for installing decorative paving, crosswalks, lighting, and other improvements, while waiving certain city requirements. It also gives the Public Works Director the authority to accept and maintain the new public infrastructure.
The ordinance approves a financial assistance agreement for the development of a mixed-use tower and fire station at specified locations in San Francisco, providing up to $86 million over 25 years based on new hotel tax revenues. It also waives certain administrative code requirements and confirms compliance with environmental and planning regulations.
This ordinance creates a special district for the development of a mixed-use tower and fire station at 530 Sansome Street, allowing for streamlined approval processes and height increases for certain properties. It also includes provisions for reviewing the landmark status of a nearby building and ensures compliance with environmental and planning regulations.
The ordinance allows EQX Jackson SQ Holdco LLC to use parts of Merchant Street for installing decorative paving, crosswalks, lighting, and other improvements, while waiving certain city requirements. It also gives the Public Works Director the authority to accept and maintain the new public infrastructure.
The ordinance approves a financial assistance agreement for the development of a mixed-use tower and fire station at specified locations in San Francisco, providing up to $86 million over 25 years based on new hotel tax revenues. It also waives certain administrative code requirements and confirms compliance with environmental and planning regulations.
This resolution endorses key terms for amending an agreement between the city and EQX Jackson SQ Holdco LLC to develop a new fire station and a mixed-use high-rise tower at specified locations. Any final amendments and the development agreement will require approval from the Board of Supervisors.
This resolution approves an agreement to exchange city-owned property at 530 Sansome Street for part of the property at 425-439 Washington Street, allowing for the development of a new fire station. It also includes necessary environmental and planning findings to ensure the project aligns with city regulations.
This ordinance designates the Jones-Thierbach Coffee Company Building at 447 Battery Street as a historic landmark, ensuring its preservation. It also confirms that the designation aligns with environmental regulations and city planning policies.
