Neighbors are cordially invited to celebrate the groundbreaking of 88 Broadway and 735 Davis on Tuesday, July 9 at 12:15 PM, hosted by the project sponsors. RSVP here.
Tuesday, July 9, 2019
12:15 p.m. – 2:00 p.m.
(Program begins at 12:30 p.m.)
Location:Â 88 Broadway
88 Broadway will provide 125 apartments for families earning 30% -120% of Area Median Income (AMI) and 735 Davis will provide 53 apartments for seniors earning 30% -70% of AMI. Some of the family apartments will be supported by Project-Based Section 8 Vouchers and some of the senior apartments will be supported by a Local Operating Support Program (LOSP) subsidy for formerly homeless individuals. Supportive services will be provided by Lutheran Social Services.
The developments collectively will feature approximately 10,500 square feet of retail/commercial space targeted to neighborhood-serving uses, including a 55-slot mixed-income childcare center to be operated by the YMCA of San Francisco. There will also be a 9,500 sf mid-block paseo that will be publicly accessible between the two sites, with beautiful landscaping and seating.
Co-Developers: BRIDGE Housing Corporation, The John Stewart Company
General Contractor: Cahill Contractors
Architect: Leddy Maytum Stacy Architects
Commercial Broker: Cushman & Wakefield
Financial Partners for Both Developments:Â San Francisco Mayor’s Office of Housing and Community Development, Bank of America, California Tax Credit Allocation Committee. For 88 Broadway only: Barings Multifamily Capital LLC. For 735 Davis only: Federal Home Loan Bank of San Francisco (AHP)
Ground Lease Partners: For 88 Broadway: The Port of San Francisco. For 735 Davis: San Francisco Mayor’s Office of Housing and Community Development