SAN FRANCISCO—The first two buildings of 88 homes at The San Francisco Shipyard, a transformative, multibillion dollar community led by Lennar Urban, are now sold out and preparing for the move-in of its first homeowners in April.

Sales for the next four buildings, comprising 159 homes, will be announced in the coming weeks and are slated for completion by the end of 2015.

With prices ranging from the mid- $400Ks into the $900Ks, the first two buildings, Merchant and Olympia, are comprised of one-, two- and three-bedroom condominiums and townhomes whose new owners include families and individuals from a wide spectrum of backgrounds. Offering a mix of floorplans for San Francisco's middle income, low income and upper income families, this is the first release of 12,000 homes that will be built at The San Francisco Shipyard and its sister community, Candlestick Point.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.

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