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Developers present 469 Stephenson plan for 495 units; commissioners and neighbors press for equity, shadow and parking details
Summary
Build presented a 27‑story, 495‑unit mixed‑use proposal at 469 Stephenson that would use the state density‑bonus program and provide 19% on‑site affordable units (proposing 94 affordable units). Commissioners pressed the sponsor for details on inclusionary calculations, shadow impacts, parking ratios and a racial/social‑equity analysis; public commenters were split between support for transit‑proximate density and requests for stronger protections for tenants and local hiring.
The San Francisco Planning Commission on a remote hearing heard an informational presentation for a proposed 27‑story project at 469 Stephenson that would replace a surface parking lot with approximately 495 homes and 4,000 square feet of ground‑floor commercial space.
Claudia Nelsbach, Planning Department staff, opened the item as informational and said the project uses the state density‑bonus program. Lou Vasquez, managing director at Build, told commissioners the sponsor expects the base calculation to yield about 337 units and that the team is proposing a 19% inclusionary requirement, which would translate into 64 base affordable units and a 94‑unit on‑site affordable total if the city allows replacing in‑lieu fees for…
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