Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Deal to turn 101 Hyde into 85–87 permanently affordable units wins commission support despite staff caution on TDR exemption
Summary
Developer Shorenstein agreed to dedicate 101 Hyde to the city and to contribute funds toward construction in exchange for planning code changes allowing land dedication instead of on‑site inclusionary units and an FAR/TDR exemption for 21,422 sq ft at 1066 Market; Planning staff warned fiscal and precedent concerns but the commission voted unanimously to recommend the package to the Board.
A negotiated package that would trade an on‑site inclusionary obligation at 1066 Market Street for a land dedication and funding to build a separate 100% affordable project at 101 Hyde drew broad neighborhood support and unanimous approval from the Planning Commission, though planning staff advised caution.
Supervisor Kim and developer Shorenstein presented the arrangement: Shorenstein would dedicate the 101 Hyde site (the former post office) and provide several…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
