Mid-Market Goodwill HQ Sold to Major Housing Developer – Development Watch – Curbed SF
Goodwill Industries put its 2.3 acre headquarters at South Van Ness and Mission up for sale earlier year in hopes of receiving $60 million for the property and cashing in on the current revival of its Mid-Market and SoMa surroundings. Now, the property is reportedly under contract to mega-developer Related California along with the City of San Francisco. It isn’t clear yet what role the City is playing in the purchase. The Goodwill site has the capacity to hold up to 600 units – it has room for a 500,000 square foot, two-building complex and has been zoned for up to 320 feet in height along South Van Ness, 250 feet on the corner of South Van Ness and Mission and 85 feet along most of Mission. The announcement comes on the heels of the news that the nearby Honda dealership has been sold to another housing developer.
via Mid-Market Goodwill HQ Sold to Major Housing Developer – Development Watch – Curbed SF.