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New South San Francisco TOD Looking to Include Additional 50 Units

According to a recent report from the San Francisco Business Times, a new transit-oriented development in the works is seeking approval to include an additional 50 units on top of what was originally planned, further adding to South Francisco’s latest building boom that includes several new housing projects already underway. Located at 150 Airport Boulevard and designed by DNA Design and Architecture, the new project was originally slated to include 107 units over five stories, but has since been expanded to potentially include parcels at 178 and 190 Airport Boulevard, stretching all the way up to Baden Avenue. 

Along with two levels of parking and the now-proposed 157 units, 150 Airport Boulevard will also include a range of common lifestyle amenities if approved, which would include a fitness center, storage for 180 bicycles, a sprawling rooftop deck, and a community clubhouse and garden. 

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Bay Area Home Sales Spike in November

The Bay Area saw a nice boost in home sales back in November, according to recently released data from the California Association of Realtors. Compared to November of 2015, home sales last month jumped by 10%, even despite falling by 6% from October to November. 

Home sales between $2 million and $3 million were especially hot, increasing by 38% compared to last year, and even homes priced between $1 million and $2 million saw a 26% increase from November 2015 to November 2016. 

The final median home price for the entire Bay Area was recorded at $785,000, which remained unchanged from the previous month, but is also up 8% compared to this time last year. Home prices in San Francisco specifically, however, actually saw a 1% drop from November 2015. 

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