Negotiations between a Chinese state-run bank and a Miami-based homebuilder for a $1.7 billion loan to bankroll the biggest San Francisco redevelopment project in a lifetime have collapsed.
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A housing development approved Thursday for the west side of Mount Sutro will feature 34 units in 12 two-unit and 10 one-unit buildings.
It also will create a new road to access the development, 68 parking spaces and a water-catching system to prevent the hillside from getting saturated and potentially creating landslides, according to development plans.
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