Overton Moore plans 262 apartments in South San Francisco

Commission approves project, but questions viability in current market

Overton Moore’s Will McPhee and rendering of 1477 Huntington Avenue in San Francisco (Getty, O...

Overton Moore’s Will McPhee and rendering of 1477 Huntington Avenue in San Francisco (Getty, O...

Southern California-based Overton Moore Properties has won entitlement approvals for a 262-unit residential building in South San Francisco, according to public records. The project was approved by the city’s Planning Commission.

Located at 1477 Huntington Avenue, the project will rise seven stories with 82,000 square feet. The developer plans for about 15 percent of all units to be affordable, with two-thirds of those reserved for low income households and one-third for very low income households. Apartment amenities feature co-working space, a club room, fitness center, courtyards and outdoor space on the top floor. There will also be two parking garages with 288 residential vehicle stalls and 144 bicycle stalls.

The development would require the demolition of a 9,000-square-foot office building, as well as a parking lot. The Centennial Way Trail would be located directly east of the property. The site is also located approximately half a mile north of the San Bruno BART station and approximately 1.2 miles north of the San Bruno Caltrain station.

“A major focus of this project was the connection of Centennial Trail to the mid-block of Huntington Avenue,” Will McPhee, vice president at Overton Moore, said at a Planning Commission meeting. 

The site of the property was acquired in an 11-property portfolio deal from AT&T in 2019. The Huntington Avenue site was the “crown jewel” of the portfolio, according to McPhee. 

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The Planning Commission was supportive of the project, but expressed concerns about current market conditions.

“These are tough economic times, and what we’re confronted with is we can approve plans but we don’t know if they’re going to be implemented, so it’s challenging for us at times, and that’s why we have to ask the hard questions,” Commissioner Sam Shihadeh said. “I think a lot of developers are facing the same issues now.”

Overton Moore has made news elsewhere in the Bay Area in recent months. The company offloaded the Morton Commerce Center, an industrial complex in Newark, for $186 million in the largest industrial deal in the East Bay so far this year. The center had notable tenants including Meta and Lucid Motors. 

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COMPANIES AND PEOPLE

Overton Moore plans 262 apartments in South San Francisco

Commission approves project, but questions viability in current market

Overton Moore’s Will McPhee and rendering of 1477 Huntington Avenue in San Francisco (Getty, O...

Overton Moore’s Will McPhee and rendering of 1477 Huntington Avenue in San Francisco (Getty, O...

Southern California-based Overton Moore Properties has won entitlement approvals for a 262-unit residential building in South San Francisco, according to public records. The project was approved by the city’s Planning Commission.

Located at 1477 Huntington Avenue, the project will rise seven stories with 82,000 square feet. The developer plans for about 15 percent of all units to be affordable, with two-thirds of those reserved for low income households and one-third for very low income households. Apartment amenities feature co-working space, a club room, fitness center, courtyards and outdoor space on the top floor. There will also be two parking garages with 288 residential vehicle stalls and 144 bicycle stalls.

The development would require the demolition of a 9,000-square-foot office building, as well as a parking lot. The Centennial Way Trail would be located directly east of the property. The site is also located approximately half a mile north of the San Bruno BART station and approximately 1.2 miles north of the San Bruno Caltrain station.

“A major focus of this project was the connection of Centennial Trail to the mid-block of Huntington Avenue,” Will McPhee, vice president at Overton Moore, said at a Planning Commission meeting. 

The site of the property was acquired in an 11-property portfolio deal from AT&T in 2019. The Huntington Avenue site was the “crown jewel” of the portfolio, according to McPhee. 

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

The Planning Commission was supportive of the project, but expressed concerns about current market conditions.

“These are tough economic times, and what we’re confronted with is we can approve plans but we don’t know if they’re going to be implemented, so it’s challenging for us at times, and that’s why we have to ask the hard questions,” Commissioner Sam Shihadeh said. “I think a lot of developers are facing the same issues now.”

Overton Moore has made news elsewhere in the Bay Area in recent months. The company offloaded the Morton Commerce Center, an industrial complex in Newark, for $186 million in the largest industrial deal in the East Bay so far this year. The center had notable tenants including Meta and Lucid Motors. 

Read more

COMPANIES AND PEOPLE