DM Development Pitches Plans for 450-Unit Co-Living Project in San Francisco

Courtesy of BAR Architects

By Meghan Hall

A San Francisco investment and development firm has altered its vision for a large multifamily project in the City. As housing affordability continues to challenge San Francisco residents, DM Development is hoping to build 450 co-living units at 300 De Haro Street. DM Development is hoping that the project will contribute to San Francisco’s middle-income housing stock.

DM Development submitted its initial plans for the group housing project in May of this year. The building will rise 12 stories and units will be about 299 square feet. In an effort to increase density, the project will take advantage of SB-35 and the State Density Bonus. About 40 percent–or 181 residences– will be designated as affordable.

“This is a significant addition of “missing middle” housing in a transit- and amenity-rich neighborhood,” explained DM Development’s Mark MacDonald. “This beautifully designed, 11-story, 120-foot building will provide double the amount of affordable housing that would otherwise be possible under the base zoning.”

Units will have kitchenettes and en-suite bathrooms, as well as community kitchens and lounges on each floor. MacDonald also added that the property will include a “robust” amenity plan. 3,582 square feet of retail is planned, as well as up to 53 parking spaces. The retail space could be used for a cafe or coffee shop, and other amenities include a gym, co-working space and outdoor access. A nearly-7,000 square foot landscaped podium is also planned.

The project will be designed by BAR Architects and will work to respond to the history and architectural context of the Showplace Square neighborhood. The massing for the building and the materials selection are inspired by the mix of industrial and PDR spaces around the neighborhood. 

“Showplace Square has been an integral part of San Francisco’s history from its early days as a warehouse and industrial district connected to the waterfront and the City through a series of rail spurs,” project documents explain. “…Many of the early nineteenth century buildings remain, and while some retain their historic use, many have been converted to office, furniture showrooms, dwellings, PDR and even residential.”

The project site is not far from the California College of the Arts, UCSF Orthopaedic Institute and Kaiser Permanente. Other businesses such as Samsara, Action Auto Care and Anchor Brewing Company are also nearby.

Designs show the building will feature expansive windows and dark gray patterned brick. Wood accents will work as a feature, while dark bronze metal will frame the ground floor curtain walls. For balconies, glass guardrails will be used.

The project will cost $160 million to build and will be 100 percent privately financed, according to project documents. Once approved, construction is anticipated to take 22 months.

“DM Development looks forward to working with the city to review and permit these homes and will push to deliver a project that meets its rigorous standards for design, pedestrian experience and neighborhood amenities,” said MacDonald. “We pride ourselves on incorporating quality retail, open space and services that create a strong sense of place and will serve both our residents and the larger community.”

West Coast Commercial Real Estate News