South Beach – SFAR MLS area 9-h
Overview of 325 Fremont:
From the SF Planning Department:
The proposed project includes new construction of a 25‐story residential building of approximately 142,465 gross square feet (gsf), up to 118 dwelling units, up to 41 off‐street parking spaces, and 105 Class 1 bicycle parking spaces. The project includes a dwelling unit mix consisting of 48 two‐bedroom units, 47 one‐bedroom units, and 23 studio units. The proposed project includes approximately 4,686 square feet of common open space via ground floor street improvements along Zeno Place, a roof deck, and private open space via private balconies. The entrances to the two below‐grade parking levels are located off of Zeno Place.
Architect: Handel Architects LLP
Developer: Crescent Heights
325 Fremont Construction Schedule:
The development is currently under active construction.
Pricing for 325 Fremont:
Unannounced at this time. Pricing is typically the very last item that a developer decides upon, so we don’t expect to have this information until the sales office opens.
325 Fremont Parking:
The development was approved with 41 parking spots for cars (a ratio of about 1 parking spot for every 3 homes) and 105 bicycle spots.
Amenities and Finishes for 325 Fremont:
Roof deck, some homes with private outdoor space, shared outdoor space along Zeno place
Below Market Rate (Inclusionary Housing) Homes:
Per SF Planning:
The Project Sponsor has elected the affordable housing fee, identified in Planning Code Section 415.5. Per Planning Code Section 415.5(b)(1), the amount of the fee shall be based upon the number of units equivalent to the applicable off‐site percent of the number of units in the project, which is 20 percent of the total number of units. The Project includes 118 dwelling units (23 studios, 47 one‐bedroom units and 48 two‐bedroom units); therefore, the Project is required to pay the affordable housing fee for 24 units (5 studios, 9 one‐bedroom units and 10 two‐bedroom units).
Unknown at this time. We represent buyers in new construction by providing independent buyer representation.