👋🏻 Bye Bye BART?

BART is considering selling five parcels of land, totaling 235 acres in the East Bay, to help address its budget shortfall caused by decreased ridership during the pandemic. The properties, located in Livermore, Hercules, and Brentwood, are deemed surplus due to changing priorities. BART plans to offer the land to affordable housing developers first, per the Surplus Lands Act. If no developers are interested, the land may be auctioned or listed with a broker. The sales, aimed at closing a budget gap, would need approval from BART's Board of Directors. The parcels, purchased 50 years ago, were initially intended for system expansions, though their sale may affect future projects like the Valley Link Rail. BART estimates the sales could be completed within 2-5 years.

🏢 San Francisco's Plan for 36,000 New Homes

San Francisco’s Planning Department has just rolled out a new rezoning plan to make space for 36,200 new homes, mostly in areas like the Sunset and Richmond districts that have been resistant to development in the past. The plan is a response to state housing requirements, as the city needs to add 82,069 new units by 2031. The zoning changes will allow taller buildings along commercial streets, like 85-foot buildings in the Sunset and Richmond, with incentives for developers to include affordable housing.

This shift marks a big change for San Francisco, especially on the Westside, which has seen much lower density compared to the rest of the city. Some areas, like Van Ness Avenue, could see buildings as tall as 650 feet with bonuses for adding affordable units.

While the plan aims to address the city’s housing crisis, some worry about the impact on tenants, particularly those in low-income housing or small businesses. The city says it has protections in place for residents, but it's unclear what protections commercial tenants will have.

This rezoning is just one piece of the puzzle, though. San Francisco isn’t responsible for actually building the 82,069 units—it’s up to private developers, who are facing high construction costs and stagnant rents. Still, the city hopes that by creating room for growth, it can keep up with demand while preserving its unique vibe. Read more here.

👠 Millionaire's Mansion Hits the Market

A historic San Francisco mansion linked to the de Young family has just hit the market. The home at 2312 Pacific Ave. belongs to William Roth Martin, co-founder of Rothy’s shoes. The 7,288-square-foot Pacific Heights property features five bedrooms, 4.5 bathrooms, and a complete renovation by designer Steven Volpe, including new mechanicals, herringbone brick fireplaces, and 18th-century mantles.

Martin and his family are relocating to Texas, where they're renovating a 100-year-old house. They bought the mansion for $8.75 million in 2020 and are now listing it for $15.49 million.

As the spring luxury real estate market heats up, this listing comes alongside a rise in high-end home sales in San Francisco. Other notable properties are also generating buzz this season. View the property here.

⚾️ Giants Showcase New Jerseys

The San Francisco Giants have unveiled new City Connect jerseys featuring a "remixed" design inspired by the city's musical heritage. The black jerseys showcase white sound waves, orange and purple gradients, and a glove patch on the sleeve, reflecting San Francisco's 1960s music scene and rebellious spirit. The purple colors nod to the Fillmore’s stage lights, Haight-Ashbury posters, and the Giants' New York origins. The jerseys will debut on Tuesday night against the Reds and will be worn for Tuesday home games and special concert events, including performances by Nate Smith and Saweetie. The Giants are hopeful their new look will bring continued success after their previous City Connect jerseys helped them achieve a 30-16 record.  View the new fits here.

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