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Committee advances city purchase of McDonald’s parcel for 100% affordable housing

San Francisco Board of Supervisors Budget Committee · January 11, 2018
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee forwarded to the full Board a proposal to buy the McDonald’s property at 700–730 Stanyon/Stanion Street for $15.5 million to develop 100% affordable housing; staff said remediation risks are manageable and federal relocation requirements apply to the current occupant.

The Budget Committee advanced a proposal for the city to acquire the commercial parcel currently occupied by a McDonald’s at 700–730 Stanyon/Stanion Street for $15,500,000, with staff and the mayor’s office describing the acquisition as an opportunity to site 100 percent affordable housing in the Upper Haight.

Andrea Bress, representing Mayor London Breed’s office, framed the acquisition as a community-driven opportunity. John Uptight, the city’s real-estate director, told the committee the city conducted due…

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