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Commission certifies final EIR for 1629 Market Street, OKs development agreement with 100‑unit supportive housing commitment
Summary
The Planning Commission certified the final EIR for the 1629 Market Street project and approved a development agreement that requires a privately financed 100‑unit supportive housing building (Colton Street) to be completed before market renovation of the Civic Center Hotel; the project will deliver roughly 28% affordable housing across the site and new public open space.
The Planning Commission certified the final environmental impact report for the 1629 Market Street mixed‑use project and approved a package of implementing actions on Oct. 19, including General Plan and zoning amendments and a focused development agreement committing the developer to a set of public benefits.
Project in brief: Developer Strada Investment Group proposed a 2.2‑acre mixed‑use redevelopment at 1629 Market Street including multiple residential buildings (up to 584 units by some counts during schematic stages) with significant open space, rehabilitation of the Civic Center Hotel, a new union facility, and a 2‑level below‑grade garage. The final EIR identified…
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