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SF’s Historic Condo Project Takes Shape | Real Estate News
Description
San Francisco just approved a massive 23-story condo tower at 1965 Market Street — a historic site that’s now getting a modern makeover while preserving its past. Originally a 7-story plan from 2015, this project exploded in scale thanks to new state housing laws, adding 201 units without demolishing the old building. The historic structure — once a mortuary, then the first LGBTQ+-owned bank in the U.S. — will become the new lobby and amenity hub. It’s part of SF’s urgent push to build 82,000 new homes in five years, including 187 affordable units just across the street. This project is a landmark test case for how the city balances density, affordability, and history under new state rules.
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