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Commission approves one-year extension for 340 Fremont after design update
Summary
After an informational presentation on a redesigned 340 Fremont Street tower (increase to 348 units, reduced parking to 269), the Planning Commission granted the sponsor a one‑year extension to complete building permits and construction documents.
The Planning Commission heard an informational design update on 340 Fremont Street (Rincon Hill) and approved a one‑year extension of the project’s entitlement period.
Staff said the project sponsor has active building permits and submitted revised construction documents in August. The redesign retains a 400‑foot tower and podium, increases dwelling units slightly (from 332 to 348 in the sponsor’s plans presented) and reduces parking (from 332 to 269 spaces). The sponsor said the redesign includes structural upgrades for current high‑rise standards and three tiers of outdoor resident terraces.
Commissioners thanked the sponsor for the redesign and raised questions about unit mix, family housing, and parking reductions in light of nearby transit improvements. Commissioner Moore asked staff to note changing downtown circumstances — including the Transbay transit center — when evaluating extensions. The motion to approve the extension carried unanimously.
What’s next: The extension extends the project approval to Nov. 13, 2013; sponsors expect to complete construction documents and begin construction in 2013.
Recorded action: Extension approved unanimously.
