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

One response to “New Condo Projects Rise in Hayes Valley”

  1. […] for sale or lease, trends among Market Street residential projects are similar to those in the Hayes Valley developments: one parking space for every two units, as well as landscaped courtyards and “zen” […]

Get in touch:

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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