(Save the date: RealShare Apartments East comes to the Hyatt Regency Miami, Florida on February 26th, 2013)
SAN FRANCISCO-This morning, GlobeSt.com reported that phase one of the HOPE SF Hunters View public housing project, the first of five public housing sites slated to be redeveloped as part of the City's HOPE SF initiative, was completed. And according to Supervisor Malia Cohen, HOPE SF “is one of the most transformative policies that we have ever enacted in this City.”
Hunters View sets new standards for neighborhood sustainability and accessibility, according to a prepared statement. The development will be a sustainable community incorporating San Francisco's Green Building Ordinance and “achieving previously unprecedented levels of community sustainability improved energy efficiency, recycling, air quality, and accessibility throughout the neighborhood,” says the statement.
Hunters View will serve as the pilot site for the program, allowing the HOPE SF team and community members to examine and refine the model, according to the program's website. “As the first HOPE SF development, Hunters View is poised to establish the innovative goals and strategies that characterize the HOPE SF initiative.”
Demolition of Hunters View began in early 2010, commencing $100 million dollars in infrastructure and construction investment over the next two years, and $450 million for the entire development by 2015.
As Hunters View begins construction, planning will proceed at four additional sites: Potrero Terrace and Annex, Sunnydale, Westside Courts, and Alice Griffith, according to the website. Residents, community members, and a team of architects and developers will work together to design new communities with open spaces, building architectures, and community facilities. Simultaneously, developers will pursue financing from multiple public and private sources for infrastructure, building, services, and community amenities and programs.
Since the HOPE SF rebuilding process will take years, the San Francisco Housing Authority, in partnership with the City, has taken immediate steps to address urgent infrastructure and rehabilitation needs at all sites, according to the website. In 2007, Mayor's Office of Housing and the San Francisco Housing Authority created a $2 million annual public housing repairs program to make immediate repairs to sewer systems, elevators, and lighting—repairs that have the greatest effect on the safety, security, and health of residents.
“As the Supervisor whose district includes four of the five largest public housing developments in the City, I understand how truly transformative projects like the revitalization of Hunters View are to the residents and our Southeastern neighborhoods. In order for all of the City's residents and neighborhoods to be working, healthy and safe, we must continue to put our efforts and our resources behind rebuilding these properties, creating new opportunities for our public housing residents, supporting our families and strengthening our communities. And this is exactly what this project does,” says Cohen.
Over the next four years, the Hunters View revitalization will consist of 350 new environmentally-sustainable housing units, new parks and playgrounds, a community center, new infrastructure and a new street-grid that connects the development to the larger neighborhood. By May 2013, 107 families will have new homes in the City's revitalized Hunters View community, which will consist of 107 new units, a new park and community-serving spaces for the residents.
“After many years of non-stop effort, we are overjoyed to deliver the first building in the first phase of the first HOPE SF development,” says John Stewart Co. president and CEO Jack Gardner. “It took the commitment, financial support, and confidence of many people and agencies to get us to this point, including the City, the State, the San Francisco Housing Authority, US Department of Housing and Urban Development, private lenders and investors, and most importantly, the residents of Hunters View themselves.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
