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Committee advances 70‑year commercial ground lease at 735 Davis to create community‑serving retail space
San Francisco Board of Supervisors Budget and Finance Committee · September 25, 2024
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Summary
The committee recommended a long‑term commercial ground lease of City‑owned commercial parcel at 735 Davis Street to Davis Retail Associates LLC for a $1 annual rent, to be developed as ~1,200 sq ft community‑serving retail space with a warm‑shell buildout funded by the sponsor.
The Budget and Finance Committee on Sept. 25 recommended the Board authorize a commercial ground lease for a 1,240 square‑foot parcel at 735 Davis Street to Davis Retail Associates LLC (a project sponsor group including John Stewart Company and Bridge Housing) for a 70‑year ground…
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