A San Francisco developer nominated by Mayor London Breed to fill a vacant seat on the San Francisco Planning Commission earlier this month has withdrawn, the Mayor’s Office confirmed Tuesday.
In a letter on Monday, Derek Flores cited “unforeseen family circumstances” that would “impinge on my ability to do a quality job” as planning commissioner for his withdrawal from the appointment.
Flores is the president of development and construction for Tesseract Capital Group, a private equity group, where he specializes in developing and renovating multi-family housing. Flores has previously worked as an engineer for NASA and Lockheed Martin Space Systems.
Late last year, a mayoral nominee to the San Francisco Rent Board was forced to withdraw over a potential conflict of interests. Mission District landlord and property manager J.J. Panzer faced tough questions by The City’s Board of Supervisors over services provided by his business, the Real Management Company, that included collecting rent increases from tenants for their landlords.
San Francisco planning commissioners who learned about Flores’ withdrawal on Tuesday were taken by surprise.
“I was looking forward to having him as a peer — if there was a family issue, and hopefully there is nothing bad happening — it’s good to find out now before the process is completed,” said Commissioner Dennis Richards.
Flores’ appointment would have required approval by The City’s supervisors.
The 33-year-old San Francisco native called it “an honor” to have been nominated for the position, adding that it was an “opportunity for a hometown kid to serve the city he loves so deeply.”
“Unfortunately, this will not be the time for me,” said Flores.