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Planning staff: San Francisco housing pipeline is large but completion pace and construction costs raise concerns

San Francisco Planning Commission · January 17, 2019
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Planning Department briefing showed nearly 70,600 units in the city’s pipeline (about 20% affordable) with ~7,460 under construction; presenters warned that high construction costs, labor constraints and financing gaps keep many entitled projects from reaching building permits.

Planning Department staff briefed the commission on economic trends and the city’s housing pipeline, presenting a mixed picture: a large pipeline but a significant gap between entitled projects and those being built.

Miriam Chon, the department’s housing policy program manager, said the city’s long growth cycle had slowed from about 5% to roughly 2% growth and flagged a construction-cost index more…

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