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Developer presents large Seawall Lot 330 proposal; unions, port and community express support
Summary
Strata Investment Group presented an informational SB 423/SB 330 application for Seawall Lot 330 (555 Beale), describing a mixed‑income project with 619 units, a separate 100% affordable parcel and an estimated $60–$70 million in infrastructure financing for waterfront resilience; unions and trade organizations voiced strong support for jobs and inclusionary housing.
A developer briefing on Jan. 15 outlined plans for Seawall Lot 330 (555 Beale), a high‑profile waterfront housing proposal that sponsors say will deliver significant housing, union construction jobs and funding for seawall and waterfront infrastructure.
Jesse Blount of Strata Investment Group told the Planning Commission his firm has built about 1,000 units in San Francisco over the last four years and is proposing an SB 330 application for a mixed‑income building that would contain 619 units with 15%…
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