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Real estate director outlines redesigned Station 13 plan; developer to cover higher construction costs
Summary
The city—s Real Estate director said RelatedCompanies reworked the 530 Sansom Street project to enlarge a new Station 13, add a fourth apparatus bay and swap condos for office space; the developer has agreed to cover roughly $5.7 million in increased delivery costs and to pay a $1.6 million voluntary fee, officials said.
Andrico Penek, director of the City and County of San Francisco—s Real Estate Department, told the Fire Commission that the 530 Sansom Street development has been redesigned to enlarge the new Fire Station 13 and shift market-rate housing components to office space.
Penek said the station footprint would grow from about 19,266 square feet to roughly 20,300 square feet and include a fourth apparatus bay. The developer, Related Companies, has replaced an earlier plan for 35 for-sale condominiums with about 40,000 square feet of office. Penek said that change reduced the city—s expected housing linkage and in-lieu revenues, and Related has agreed to a voluntary $1.6 million payment to offset that shortfall.
"The developer has agreed to cover the increasing costs for the delivery of the first-class…
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