SAN FRANCISCO–First it was stymied by community opposition, then it was stalled by the pandemic. So, when a project to build a 40-story residential tower on Market Street and Van Ness Avenue was seized by its lender in a foreclosure last year. Three strikes and you're out, right?
Not in the post-pandemic market in San Francisco, which needs more housing and is looking to rekindle flagging development in city neighborhoods like the one known as the Hub district, near the Civic Center.
After years of trying to move ahead with its One Oak tower at 1500 Market St., San Francisco-based developer Build Inc. lost the entitled development in a voluntary foreclosure last year.
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