See the Work
4800 Third Street, Bay Oaks Home
Affordable home ownership and new businesses for the Third Street Corridor
Transformation is coming to the southwest corner of Third Street and Oakdale Avenue in the shape of 4800 Third Street. The 9,000 square foot site will become a marquee mixed-use residential and commercial infill building. The proposed mixed-use development will consist of 18 units of affordable, for-sale housing over 2,100 square feet of ground floor commercial space and parking.
The building will be a catalyst project that contributes to the revitalization of the Commercial Core of Third Street in the Bayview. The site is adjacent to the planned Town Center block which is located between Newcomb Avenue, Oakdale Avenue, Third Street and Lane Street. The proposed 18-unit mixed use project will create a strong corner presence on Third Street. The condominiums units will consist of one- and two-bedroom units averaging 700 to1000 square feet.
Katherine’s host, the San Francisco Housing Development Corporation, is striving to make 4800 Third a “green” development. The building is located directly across from the Palou Avenue transit station on the Third Street Light Rail providing easy access to downtown San Francisco. Because of the close proximity of transit, parking has been reduced and bike storage has been included to encourage reduced automobile use. A rooftop photovoltaic system will provide power for the common areas. Waste will diverted form landfill during construction and recycling chutes are included in the building for residents.
Gallery
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by Rendering by Van Meter Williams Pollack
Rendering
Project Summary
- Location:
- San Francisco, California
Bayview Hunters Point - Program Scope
- 18 affordable home ownership units
- Common courtyard/terrace (1,300 sq ft)
- 2 retail units (2,153 sq ft)
- Structured parking
- Project Status
- On-the-boards (April 2008 anticipated completion)
- Location:
- San Francisco, California
Bayview Hunters Point - Project Scope
- 9,000 sq ft gross site area
- New construction
- 4 stories
- 29,102 sq ft gross project area
- Program Scope
- 18 affordable home ownership units
- Common courtyard/terrace (1,300 sq ft)
- 2 retail units (2,153 sq ft)
- Structured parking
- Residential Unit Profile
Affordable units serve extremely low and moderate income households. Market rate units have no income restriction.
9 1 BR 700-700 sq ft 9 2 BR 1,000-1,000 sq ft 18 TOTAL - Cost
10,000 Acquisition (land) 7,050,000 Hard (construction) 2,700,000 Soft (all other) 9,760,000 TOTAL - Major Funders
- Wells Fargo
- Building Equity and Growth in Neighborhood
- San Francisco Redevelopment Agency
- Project Status
- On-the-boards (April 2008 anticipated completion)
