1 Oak, 1510 – 1540 Market, 1 Van Ness
Hayes Valley/Mid-Market Area
Rentals or Condos for Sale at One Oak?
As we understand it, they will be sold as condo homes. This is unconfirmed and subject to change.
Developer: Build Inc.
Builder: Build Inc.
Overview of One Oak:
From SF Planning:
“The proposed project entails demolition of an existing four‐ story building and parking lot located at 1510‐ 1540 Market Street and construction of a residential tower with 258 dwelling units over ground‐ floor retail use. The height of the proposed tower would be 435 feet above street grade to its roof; mechanical equipment and a parapet would extend an additional 20 feet above the roof line. The project would comprise a total of 330,986 gross square feet (gsf) in 37 above‐ ground levels and two below‐ ground levels. The project would accommodate 69 off‐ street parking spaces and 82 bicycle storage units in its basement levels.”
The site was originally going to be home to a building designed by Richard Meier, but the current (April 2015) site owner has engaged Snøhetta/SCB for a new/updated site design.
One Oak Construction Schedule:
The project has been through the hands of several developers. It is currently owned by Build, Inc. and is continuing its way through the permitting and approval process. It is unknown when shovels will break ground.
Rendering of One Oak:
Pricing for One Oak:
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.
One Oak Parking:
About 70 below ground car parking spaces for about 250 homes and about 125 bicycle parking spots.
Amenities and Finishes for One Oak:
Still being determined, but the building will have a variety of outdoor spaces for residents and some of the homes will offer incredible views.
Below Market Rate (Inclusionary Housing) Homes:
BMR homes will be built off-site, parcels R & S in Hayes Valley are one potential site.
Unknown at this time.
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