Sept. 4, 2009
Article by J.K. Dineen published by the San Francisco Business Times.
SAN FRANCISCO – “Five developers are in the running to build housing on the BART parking lot in Glen Park, a site across from the station that represents a rare chance for multi-family residential development in the village-like San Francisco neighborhood.”
“Groups vying for the site include a joint venture between Peninsula builder Sares Regis and Urban Real Estate Equities, which was a partner in the redevelopment of the 107-unit rehab of 74 New Montgomery St. Other developers who responded to a BART request for qualifications are: EM Johnson Interest, which built the Fillmore Heritage Center and North Beach Place; Barry Swenson Builder, which has completed over 100 residential and commercial projects, mostly in the South Bay; Connecticut-based Richman Group, which has built more than 14,000 units and has an office in Carlsbad and San Jose-based Roem Development Corp., which has developed more than 1,000 units in San Jose.”
“The 27,400-square-foot parcel is a narrow, rectangular lot along Bosworth Street between Arlington and Diamond streets. The request for proposals calls for a combination of affordable and market-rate housing, as well as ground-floor retail space. BART Property Development Manager Jeffrey Ordway said the teams have been interviewed and a recommendation would go to the BART Board of Directors in September.”