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Top 10 development projects in San Francisco in 2021
Ranked by cost, top three biggest developments all nine-figure projects
The following is a preview of one of the hundreds of data sets that will be available on TRD Pro — the one-stop real estate terminal that provides all the data and market information you need.
The cost of the 10 priciest construction projects underway in San Francisco in 2021 totaled about $885 million, and the three biggest developments were all nine-figure projects. All but two of the top 10 projects involve housing.
The second phase of the Brannan Square office complex is a $231 million project to build out 211,600 square feet of office space and 11,050 square feet of retail. Tishman Speyer is the developer and builder in a joint venture with Mitsui Fudosan America.
A $190 million housing development getting underway on Treasure Island will create the first 388 apartments of the 8,000 new housing units planned for the redevelopment of the former military base and its sister island, Yerba Buena.
A pair of apartment buildings costing a combined $100 million going up in Bayview promises a total of 118 units.
BRIDGE Housing Corp. is building a $70 million, 137-unit, fully affordable development at 4840 Mission Street, which is expected to be completed in early 2023. And a $70 million, 18-story, mixed-use apartment complex with 203 units is going up at 921 Howard Street, tying for fourth place to round out the top five.
Strada Investment Group and the UA Local 38 Plumbers & Pipefitters Union Hall are building a $66 million, six-building mixed-use development on two acres in the Mission.
Presidio Bay Ventures is building the $7 million Ventana Residences, bringing 193 units to the Outer Mission.
L37 Partners is building a $45 million state-of-the-art life-sciences lab and manufacturing space in Mission Bay.
A $40 million, 135-unit affordable housing project specifically for educators is going up in the Sunset District.
A $26 million, seven-story condo development is going up at the corner of Polk and California streets in Nob Hill. Developer and designer David Baker Architects is taking advantage of the state’s Density Bonus Law to exceed the site’s height limit and accommodate more units.