Tuesday

11-04-2025 Vol 2134

New Plans for Affordable Housing at 2700 Sloat Boulevard in San Francisco

The plans for 2700 Sloat Boulevard in San Francisco’s Outer Sunset neighborhood are shifting once again, with new proposals aimed at transforming the site into a significant affordable housing development.

The latest filing from Nevada-based CH Planning LLC seeks to replace the Sloat Garden Center with two 24-story apartment buildings.

The development will feature 682 units of affordable housing, which is set to include a below-grade public garage and a ground-floor grocery store.

Raelynn Hickey, representing CH Planning, confirmed the application which includes 397 units in the West Building and 285 units in the East Building.

The proposed complex will reach approximately 255 feet in height and encompass around 467,610 square feet, including 443,020 square feet for housing and around 10,460 square feet designated for retail space.

The parking arrangement will accommodate 52 vehicles, 288 bicycles, and include a bicycle repair station.

Out of the 682 units proposed, 546 will be deed-restricted as affordable for households earning around 80% of the area’s median income, while 136 units will cater to households earning about 120% of the area’s median income.

A range of apartment sizes will be available, with 427 studios, 196 one-bedroom units, 33 two-bedroom units, and 26 three-bedroom units.

Most of the units will have access to either private or semi-private terraces, and shared amenities are to be located on the landscaped third-floor podium-top deck and rooftop terraces.

Hickey shared with YIMBY last month that discussions are currently ongoing with a grocery store chain to occupy 16,000 square feet on the ground floor.

This represents a shift from previous plans that allocated 10,460 square feet for general commercial retail space.

However, final details regarding the potential grocery store tenant have yet to be confirmed.

Recent developments include the Reno-based company filing for Chapter 11 bankruptcy in Nevada, as reported by Kevin V. Nguyen for the San Francisco Standard.

This filing allows 2700 Sloat Holding to renegotiate terms with its lender, Loan Oak Fund, which had initiated foreclosure proceedings on the property following a loan default of $10.2 million.

The bankruptcy filing occurred about a month after Loan Oak Fund’s unsuccessful attempt to auction off the property.

Prior to the current plans focused on affordable housing, a mixed-use proposal was briefly entertained, which included 550 housing units alongside a 132-room hotel occupying the upper floors of each tower.

However, the hotel plan was scrapped, and the intended guest rooms were repurposed for additional housing.

The design of the project is attributed to Solomon Cordwell Buenz.

Although new renderings have not been made available, updated elevation plans indicate continuity in the design’s overall aesthetic, featuring a 24-story curtain wall facade that overlooks Sloat Boulevard and stepped terraces descending to the third floor over Wawona Street.

The prior developers, Housing America Partners and San Francisco Housing Development Corporation, have confirmed that they are no longer involved in the project.

CH Planning is utilizing Assembly Bill 2011 to facilitate a streamlined approval process, allowing for ministerial by-right approval for the affordable housing project on commercially-zoned land.

Construction is anticipated to cost around $150 million, with groundbreaking potentially occurring as soon as mid-2026.

image source from:sfyimby

Benjamin Clarke