The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
July 5, 2020
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
Forge Development Partners to Transform Underutilized San Francisco Property into Workforce Housing

6/02/20

Forge Development Partners (Forge) has formed a venture with Fifth Church of Christ, Scientist to transform the underutilized Church property at 450 O’Farrell St in San Francisco into a 310-unit, high-tech rental home community. The project will include a new 10k sf, turnkey worship space that allows Fifth Church of Christ, Scientist to continue its healing mission in the Tenderloin community that it has called home for almost 100 years.

The planned project at 450 O’Farrell will consist of a 13-story, mixed-use building with a total of 310 state-of-the-art units, designed for maximum space efficiency with minimal comfort sacrifice. The units will range in size from 336 sf to 709 sf and will feature state-of-the-art private baths and cooking facilities. The community will include roof decks, multiple interior courtyards, significant new landscaping nd a street-level Christian Science Reading Room open to the public during the week.

The new 10k sf church facility will remember its past by reusing of the stained glass windows, stained glass oculus, bronze clad entry doors and church pews allowing for services in a space that honors the original church. The new development provides a street-level Christian Science Reading Room serving the public for prayer and study, inviting greater community participation and engagement with the neighborhood.

To make this project work, the Fifth Church of Christ, Scientist will exchange their property for a turnkey church and allow Forge to develop, own and manage the essential apartments sleeping up to four individuals with state-of-the-art private baths and cooking facilities in each unit. The repurposed design almost doubles the number of units from the previously approved plan, and increases the inclusionary Affordable Housing by a similar ratio.

Forge has been working closely with the Mayor’s Office and permitting departments on repurposing the 450 O’Farrell project, converting current approvals from luxury apartments into state of the art Essential Housing serving the workforce. The project was just recently granted a construction site permit.





Return to the previous page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2020 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media