"SF-based developer Align Real Estate does, in fact, have a larger strategy to redevelop Safeway properties in the city and turn them into multi-story residential complexes with retail on the ground floor, including replacement Safeway stores. With Tuesday's announcement that Align, the same developer behind the project to redevelop the Fillmore Safeway property, was working to potentially redevelop the Ocean Beach Safeway in similar fashion, we surmised there could be a larger strategy at play."
"And while we still don't know if it is, the Chronicle reports today that a third Safeway store location, the Mission/Bernal store at 3350 Mission Street, is also in Align's sights. The developer has plans in the works to redevelop the 2.2-acre site which extends between Mission Street and San Jose Avenue into a six-story, 370-unit residential complex, with a much larger Safeway store in its base."
"According to the preliminary plan, the units will be rentals, with a mix of studios, 1-, 2-, and 3-bedroom units, with 51 units designated affordable. And the current 32,000-square-foot Safeway will be replaced with a 56,000-square-foot Safeway though, as in the case of the Ocean Beach property, the neighborhood will be without a grocery store during demolition and construction, which could take a couple of years."
"A Safeway exec struck a very different tune than in the case of the Fillmore store, which the company closed in part due to rampant theft, well ahead of the development schedule at that property with plans not even yet approved. The company has committed to returning to this property after construction is complete. Kelly Mullin, president of Northern California operations for parent company Albertsons, gave a statement to the Chronicle acknowledging this store's "long-stan"
Align Real Estate plans to redevelop multiple San Francisco Safeway sites into multi-story residential complexes with ground-floor retail that includes replacement Safeway stores. The Mission/Bernal site at 3350 Mission Street, a 2.2-acre parcel between Mission Street and San Jose Avenue, is proposed for a six-story, 370-unit rental building. The unit mix would include studios and one- to three-bedroom apartments, with 51 units designated affordable. The existing 32,000-square-foot Safeway would be replaced by a 56,000-square-foot store, but the neighborhood would lack a grocery during demolition and multi-year construction. Safeway/Albertsons has committed to returning once construction is complete.
Read at sfist.com
Unable to calculate read time
Collection
[
|
...
]