SAN FRANCISCO—Ventures such as transit-oriented developments, mixed-use projects and repurposing existing sites are being green lighted by new legislation. New regulations taking effect this month are providing new incentives for developments near transit facilities in particular.
While affordable housing subsidies are often included in developments, jurisdictions in the Bay Area are having some difficulty keeping up with high-density housing, Greg Caligari, partner at Cox Castle & Nicholson, tells GlobeSt.com in this exclusive.
“Certainly, land owners are looking at urban core and first-ring suburban projects,” Caligari acknowledges. “The policy issues are in urban sprawl and traffic congestion.”
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
