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Board advances Trinity Plaza redevelopment package, including replacement units and inclusionary housing
Summary
The Board of Supervisors approved on first reading a set of ordinances and a development agreement enabling the Trinity Plaza redevelopment, including replacement housing for existing residents and new inclusionary affordable units; a separate narrow ordinance on transferable development rights also passed.
The San Francisco Board of Supervisors on April 10 approved on first reading a legislative package to enable the Trinity Plaza redevelopment, authorizing zoning, a special-use district, a development agreement and changes to the general plan that together clear the way for a multi-building redevelopment near Eighth and Market streets.
Supervisor Daly, who led the item, said the package protects the existing Trinity Plaza tenants and allows Trinity Properties to replace aging units while adding new housing. "When passed, this legislative package will provide the opportunity for Trinity Properties to build ... 360 replacement units," Daly said, and added the package would deliver units under rent-stabilization…
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