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Commission hears Rincon Hill update: $11/sf fee collected to date, shortfall remains for planned infrastructure
Summary
Staff reported on Rincon Hill implementation: about 5,700 units approved since 1985 (≈2,900 built), two projects have paid the $11/sq ft infrastructure fee (totaling roughly $5.1M collected), and the plan’s estimated $26M public improvement program faces a multi‑million dollar shortfall; commissioners asked for more comparative reporting and contingency options.
Planning staff presented an update on Rincon Hill implementation and funding at today’s meeting, detailing housing approvals, project status, and the neighborhood infrastructure fee.
Joshua Switzke told commissioners that since 1985 roughly 5,700 housing units have been approved in the Rincon Hill area, about 2,900 of which have been constructed. Projects approved since the 2005 plan are subject to an $11 per square‑foot community infrastructure fee; only two projects (333 Fremont and 425 First/One Rincon Hill) have generated fee payments so far. Switzke said One Rincon Hill paid through a Mello‑Roos district (about $4 million), and that staff has collected…
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