‘15-acre project’ could get bigger

The developer of a major downtown building project may be allowed to expand the proposal by more than 25 percent — much to the consternation of residents who say the city has expanded enough in their suburban town.

The Parkview Plaza — which has been known as the Village Square or “the 15-acre project” — is a senior housing project designed for 11 of the last 15 remaining acres of undeveloped land in the city.

On Dec. 17, the city came to an agreement with developer Sares Regis to build 331 senior units — including 65 affordable units — as well as a large public plaza and 31,000 to 50,000 square feet of retail stores.

But since then, according to Sares Regis project manager Zach Wilson, the economic outlook has turned for the worse and the company must use turn to expensive financing sources. Due to the more expensive loans, he said, a 331-unit development would be financially unfeasible, so the company has approached the city to ask for an expansion of the project to 420 units — a 28 percent increase.

The expansion is not likely to be a popular option for residents who are already worried about the impact of the city’s blooming developments on traffic, parking and lifestyle. In addition to Parkview Plaza, a large redevelopment project of the Pilgrim-Triton area is slated for an area just north of Highway 92 and a proposed redevelopment of Charter Square at Beach Park Boulevard.

In response to the developments, some residents have formed a grassroots organization, Foster City Friends, to protest rapid growth in the town that has long been an enclave of single-family homes in the Bay Area. They have begun circulating a petition asking the City Council to set limits on size and density in the town and plan better for impacts on infrastructure.

Group leader Linda Haskins said she was disappointed to hear of the proposed expansion.

“The buildings are 14 stories tall now — how much taller do they want them to be?” she said.

The City Council already has held two closed-door meetings about the proposal, and will hold a public hearing on the matter July 7.

kworth@sfexaminer.com

Bay Area NewsLocal

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

A health care worker receives one of the first COVID-19 vaccine doses at Zuckerberg San Francisco General Hospital on Tuesday Dec. 15, 2020. (Courtesy SFgov)
SF to open three large sites for COVID-19 vaccinations

Breed: ‘We need more doses. We are asking for more doses’

Tongo Eisen-Martin, a Bernal Heights resident, named San Francisco’s eighth poet laureate. (Kevin N. Hume/S.F. Examiner)
Tongo Eisen-Martin becomes San Francisco’s eighth poet laureate

Bernal Heights resident Tongo Eisen-Martin has become San Francisco’s eighth poet laureate.… Continue reading

Homeless people's tents can be seen on Golden Gate Avenue in the Tenderloin on Wednesday afternoon, Dec. 16, 2020. (Photo by Ekevara Kitpowsong/S.F. Examiner)
Statewide business tax could bring new funds to combat homelessness

San Francisco could get more than $100 million a year for housing, rental assistance, shelter beds

The Museum of the African Diaspora in San Francisco (a mural by artist Jamie Treacy is pictued) has a lineup of free online programming including activities for youngsters scheduled for Martin Luther King Jr. Day on Jan. 18. (Courtesy Demetri Broxton/Museum of the African Diaspora)
Stanford, Museum of the African Diaspora host MLK Day activities

Online offerings include films, music, discussion

Speaker of the House Nancy Pelosi presides the US House of Representatives vote on the impeachment of US President Donald Trump at the US Capitol, January 13, 2021, in Washington, DC. - The Democrat-controlled US House of Representatives on January 13 opened debate on a historic second impeachment of President Donald Trump over his supporters' attack of the Capitol that left five dead. (SAUL LOEB/AFP via Getty Images/TNS)
House votes 232-197 to impeach Trump a second time

Focus shifts to Senate, where McConnell has signaled he may not stand by president

Most Read