Inside Hayes Valley’s 8 Octavia

exterior_octavia
I previewed 8 Octavia, the new 47-unit condo development designed by iconic architect Stanley Saitowitz that sits at the corner of Octavia Boulevard and Market Street.

The distinctive feature of the property is the green-colored “curtain” that’s actually a louver system. Owners can press a button in their condo and open or close the louvers, so cancel those plans for window treatments. (No word yet on how expensive the louver system will be over time when it comes to maintaining and repairing it.) Saitowitz calls 8 Octavia a “breathable building,” and I’m sure the louvers are the reason for that.

Most of the condos will have one or two bedrooms, and there are a few junior one bedrooms, as well as larger three bedrooms. Finishes include concrete ceilings, Austrian-imported oak floors, Bosch ranges and dishwashers, Liebherr refrigerators, and corian counters.

#302 has been set up as the model. You open the door to the unit and there’s a walkway that leads to the actual front door of this two bedroom/two bath:
302_entrance

302_kitchen

The bathrooms are located all along the hall, opposite the bedrooms. You need to be ok with having closet-like bathrooms with translucent doors.
302_bathrooms

Potential starting price point for two bedrooms with parking is $1.2M (and around $1M without parking).

I also looked at #303, a junior one bedroom with about 726 square feet that will probably be priced in the high $700,000s:
303_kitchen
The sleeping area is just behind the kitchen, and doesn’t have any windows.

#806 is the largest of the two bedrooms, with about 1225 square feet on two levels. It has north and west exposure, and nice views. Pricing is tentatively in the $1.5M-$1.6M range:
806_northview

806_outlooks

I do like the way they’ve incorporated private “outdoor” patio space by placing it just outside the unit—there’s one door to get you into the patio and the next door provides access to the actual condo. Here’s a look at private space for #504, a two bedroom that may be priced at around $1.3M:
504_largepatio

Building features will include a rooftop terrace with city views, jewel-box viewing garden in the lobby, keyless entry system and yes, a virtual doorman. Let’s not forget the Nest Thermostats, as well as synchronous, 200 Mbps internet service.

8 Octavia is situated in a busy location, with cars running up and down multiple lanes of traffic to and from 101. But what I liked about the building was that you feel a bit removed from all the activity once you’re inside. In terms of convenience, the building scores a perfect 10, as it’s right near Muni on Market, and literally adjacent to the 101 on/off ramps. You can cross Octavia Boulevard—vastly improved over the past few years—and walk to Whole Foods and the Castro, or head in the other direction and be in Hayes Valley in minutes.

Feel free to contact me to schedule a showing if you’re interested! I’m at 415.823.4656 / ebermingham@zephyrsf.com

Hayes Valley’s 8 Octavia Breaks Ground


Construction kicked off this week on the 47-unit condo development 8 Octavia, situated at Market and Octavia in Hayes Valley. The Stanley Saitowitz/Natoma Architects-designed project will sit where the Central Freeway once ran, and the site has been vacant since that roadway was torn down in 2002.

Octavia Boulevard was thoughtfully reworked in 2005 to create a more pedestrian-friendly stretch, and having a new residential development will give the area a boost where it’s needed. 8 Octavia will sit in the midst of a very busy intersection that includes motorists heading to the 101 on ramp from Octavia, as well as the usual Market Street traffic and Muni flow.

But DM Development and DDG, the forces behind 8 Octavia, are working to build a sleek, smartly designed building on a pie-shaped slice of land. The goal, according to Saitowitz, is to present the project as a modern-day interpretation of the Victorian-era homes that pervade Hayes Valley. He says that the exterior will feature a fluid, changing facade, units with flexible space and lightwells that will be like urban versions of the traditional yard.

Floor plans include junior one bedrooms and one-, two, and three bedrooms. There will also be three 3BR penthouses and one 2BR townhome. Among the available floor plans at 8 Octavia is a “pod” concept, designed to maximize living space by containing the kitchen, bath and washer/dryer within a single efficient module. The “flex space” floor plan offers a living space that can be portioned into multiple rooms by sliding movable wall panels.

Innovative features at 8 Octavia include keyless entry into the building and individual homes via smartphones. The building also features user-controlled window louvers to modulate solar heat and privacy. Residences include efficient lighting and appliances alongside finishes that include wood flooring, European cabinetry and floor-to-ceiling windows.

There will reportedly be approximately 24 parking spaces for the residences, and 26 bike stalls. Two ground-floor retail spaces will be included.

For buyers looking for a central location near the Castro, downtown, Duboce Triangle, Civic Center and the mid-Market district, 8 Octavia is an excellent option. I’m thinking the design may trump other more cookie-cutter condo developments which are on the way.

New Condo Projects Rise in Hayes Valley

New condo construction in San Francisco is in full force these days, and Hayes Valley is one of the epicenters of new development. I thought I’d take a look at four of the most heavily anticipated projects, and will be following their progress over the next several months.

One new developer is behind three of these projects: DM Development, which formed in 2010 and has been busy snapping up parcels of land in the neighborhood.

Trends in Hayes Valley new construction appear to be interior courtyards, which will offer a nice urban refuge and sense of community. You can also expect a ratio of one parking space for every two condos, which means these developers are counting on transit-reliant buyers.

Pricing will likely be in the $900-$1,000 per square foot range.

If you’re interested in getting in before the masses, please contact me and I can make it happen. I’ve represented many clients in new construction sales, and am responsible for looking out for your best interests. But know that I can’t lend you my expertise and experience unless I accompany you to the sales office on your first trip.


300 Ivy
Southwest corner of Gough & Grove
Alternate address: 401 Grove
The Homes: 63 homes total. Among them are one studio; 23 1BRS; 34 2BRs; 5 townhomes.
The Scoop: The crew is finishing up the framing of the five townhomes fronting Ivy Street, and has started work on the roofs. In the main building, all the concrete and framing work is done on the third floor. Amenities include lush, landscaped courtyard, along with a living roof garden with outdoor grill, seating/dining areas, and sun deck. Lock in one of the 32 parking spaces early if you need one. There will also be room to accommodate 68 bikes.
Buy If: You want to be in the heart of the neighborhood, and are okay living alongside Gough’s three lanes of traffic. There’s also opportunity here to purchase a unit that faces either Ivy or Grove, which will be quieter and feel more residential. Also buy here if you’re looking for a location that offers proximity to Muni.
Developer: Pocket Development
Sales Begin: April 2013


400 Grove (above)
Grove and Gough, adjacent to Performing Arts parking garage
The Homes: Mixed-use building, with 34 residences.
The Scoop: This one hasn’t broken ground yet, and is across the street from 300 Ivy. The building will reportedly be called WaveHouse, due to Fougeron Architects’ design that features a wave-like exterior facade intended to be a modern reinterpretation of the classic San Francisco bay window. Landscaped interior courtyard.
Buy If: You want a centrally located home with a bit of style on the outside, and a courtyard within that will provide a bit of an urban refuge.
Developer: DM Development
Sales Begin: January 2014


8Octavia (above)
The Homes: 13 1BRs; 33 2BRs. 25 parking spaces, and a 925-square foot average size
The Scoop: Stanley Saitowitz-designed residences arranged around interior courtyard. This slice of land right at the intersection of Market and Octavia hasn’t become a construction site just yet.
Buy If: You’d appreciate living along the Market corridor, and having really easy freeway access. You’re only a few blocks away from the Hayes Valley retail area, and public transportation is literally at your doorstep.
Developer: DM Development
Sales Begin: Spring 2014

Hayes450 (no photo)
Located on Hayes between Octavia and Gough
The Homes: 50 one- and two bedroom condos
The Scoop: Smack dab along the Hayes Street retail strip, Hayes 450 has a prime location in the neighborhood.
Buy If: You’re looking for a home with everything outside your door, and which has less lanes of traffic.
Developer: DM Development
Sales Begin: January 2014