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Planning Commission grants three-year extension for 201 Folsom entitlement amid EIR concerns
Summary
The commission unanimously approved a three-year extension for the 2003-entitled 201 Folsom/314 Main Street project. Neighborhood groups urged delay, saying the U.S. Postal Service vacancy of adjacent property may alter the project's EIR and parking assumptions; staff and the developer said future design review and return to the commission will be required if conditions change.
The Planning Commission on Sept. 3 voted unanimously to extend the performance period for the previously approved 201 Folsom/314 Main Street project by three years, allowing the project sponsor additional time to assemble financing amid a slow market.
Corey Teague of planning staff summarized the existing entitlements (original approval in 2003 under Motion No. 16647) and told the commission that the department found no new environmental review was required to approve the extension. Carl Shannon of Tishman Speyer told commissioners that the…
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