$30 million, 89,000-Square-Foot Studio Space Scheduled for Completion in Q2 2016
Local Artists and their Works to Remain an Integral a Part of Vibrant New Community
SAN FRANCISCO (May 20, 2014) – Lennar Urban is pleased to announce that it has won approval today for the design and build out of an 89,000-square-foot artists building at The San Francisco Shipyard. The approval ensures the artists will remain a key part of the dynamic culture being created within this exciting new community. The modern structure will encompass 130 affordable studios as well as a 1,600-square-foot gallery, a kiln room, and a spray room. Today’s design approvals come courtesy of an OCII (Office of Community Investment and Infrastructure) Commissioners’ hearing at San Francisco City Hall.
The new $30 million artists building will replace the existing dilapidated structures that have been used by tenants for more than 30 years. Once complete, approximately 147 artists will move their workspaces into the new building strategically located adjacent to the historic Building 101, which serves an additional 150 artists; construction is anticipated to begin in Q2 2015 and last approximately one year. The plan goes beyond the requirements set in the community benefits agreement. The new building will afford artists access to an array of new amenities such as a kitchenette, a 400-square-foot balcony boasting picturesque views of the San Francisco Bay, individually zoned lighting controls, restrooms, oversized elevators and entryways for larger-sized works, sound-proofed spaces for musicians, and operable windows.
Lennar Urban worked with the Artist’s non-profit board, STAR (Shipyard Trust for the Arts), to ensure local artists had a loud and clear voice on all elements of the plan, including design, amenities, unique spacing requirements, and most importantly, affordability. Studio rental rates will be based on operating costs only. Rents are projected to be $1.11 per square foot versus comparable spaces in San Francisco which are renting for as high as $3.50 per square foot.
In a further effort to keep studios affordable for artists, Lennar Urban and international architect IBI will implement energy-efficient elements designed to offset costs. Such features include LED lighting, individual heating controls, a solar panel system, ceiling-mounted occupancy sensors for lighting, and low emissivity glazing on sun-exposed portions of the building. The new artists building will be fashioned to a LEED Gold standard.
In addition to construction of a new artists building, Lennar Urban has also approved plans to build a new space to be leased initially to Eclectic Cookery. This commercial kitchen is used by various small neighborhood businesses and local food trucks that serve San Franciscans across the city. The new 10,000-square-foot, two-story shared commercial kitchen is slated for completion in April 2015.
“We are thrilled to receive approval to begin building new, efficient workspaces for the incredibly talented artists at The San Francisco Shipyard,” said Sheryl McKibben, Vice President of Sales & Marketing at Lennar Urban. “It is crucial for us to continue the culture and creativity that define the existing area, with a centerpiece being the Shipyard artists. We are proud to be a part of Bayview/Hunters Point and are committed to participating in the enhancement of the community.”
For more information about The San Francisco Shipyard, visit www.thesfshipyard.com.
About The San Francisco Shipyard
The San Francisco Shipyard is a transformative new community led by Lennar Urban and being built with the same spirit of artistry and progressive ideas that define the city. The development will be comprised of a collection of new condominium and townhome residences featuring contemporary design and exciting amenities including pocket parks, private patios and rooftop decks. The San Francisco Shipyard’s on-site Welcome Center and Downtown Sales Center will open in June 2014, coinciding with the official release and start of sales on the first 88 homes.