That’s a Lot of Goodwill: Sticker shock for city as Mid-Market project price rises to $327M — San Francisco Business Times
San Francisco could pay as much as $327 million for a 466,000-square-foot office development in the Mid-Market area, according to real estate news website SocketSite. The city had originally planned to pay $253 million to developer Related California for the project, which includes a 17-story building along 11 th Street between Mission and Market streets. But the city’s final purchase price has jumped by almost 30 percent when actual development costs were calculated, SocketSite reported.
Source: Sticker shock for city as Mid-Market project price rises to $327M – San Francisco Business Times