MARKET WATCH San Francisco - SOMA MAY 2017 District 9 - Condos Q1-17 YoY $1.26M 2.5% Avg. Sale Price from Q1-16 SF District 9 - Condo Market Performance 5 Year Market Performance $1,063/SF -4.6% On 27 Sales from Q1-16 160-24.5% # Sales in Q1-17 from Q1-16 25 Years Old Avg. Age of Condos Sold since 2014 CONDO SALES IN DISTRICT 9 SLOWED IN THE FIRST QUARTER. Consisting of SoMa, Yerba Buena, and South Beach, this district is the center of all new development projects in San Francisco. Although most new construction deals in Q1-17 will not be reported to the MLS during this period, sales volume decreased 24.5% YoY, with 160 recorded deals at a total value of $202M. Number of Condo Sales by Bedroom Count While sales volume is down across all condo sizes, sales pricing has continued to increase for 3+ BRs units, reaching $2.60M in Q1-17, up 38.8% YoY. 1-BR units saw the biggest decline, with 23.5% fewer sales with a 6.4% decline in value. BEVERLY HILLS SAN FRANCISCO NEW YORK CITY BOSTON MIAMI WASHINGTON D.C.
Leading Luxury Condominium Properties in District 9 Millennium Tower Four Seasons Private Residences The Residences at St Regis One Rincon Hill Infinity 2
MARKET WATCH San Francisco - SOMA Currently Selling New Development Properties 6 2 3 8 1 5 9 10 4 7 50 First Street 1. Lumina 181 Fremont Street 2. 181 Fremont 3. The Austin 4. One Mission Bay 5. 1450 Franklin 6. The Pacific 7. 1 Franklin 8. Rockwell 9. The Harrison 10. 72 Townsend 2121 Webster Street 1 Franklin St 1545 Pine St 655 4th St 3 1000 Channel St 401 Harrison St 75 Howard Street 706 Mission St
Lumina 201 Folsom Street Total Residences Total Floors HOA Sales Launch SoMa Tishman Speyer 656 37 & 42 $930-$1,350/mo. September 2014 Description Located in the heart of SOMA, the Bernardo Fort- Brescia envisioned condominium towers feature world-class modern interiors framed by expansive vistas of the City and the Bay. Amenities Rooftop terrace Club lounge Private dining room Fitness center Screening room Pool & spa Library lounge Children s room Music practice room Pet grooming station Living Room Kitchen Penthouse Fitness Center 4
181 Fremont 181 Fremont Street Total Residences Total Floors HOA Sales Launch Description When completed, 181 Fremont will be the second tallest building in San Francisco with direct access to the Transbay Terminal s elevated park via skybridge. The residences will feature state-of-theart interiors by designer Orlando Diaz-Azcuy. Amenities View terrace Conservatory Fitness center / Yoga Library Catering kitchen Conference room Full-time concierge Valet Outdoor bbq Fire pit SOMA Jay Paul Company 67 54 $800-$2,000/mo. May 2016 Dining Room LIving Room Bathroom Terrace Bar 5
The Austin 1545 Pine Street Total Residences Total Floors HOA Sales Launch Lower Polk Pacific Eagle 100 12 $592-$1,029/mo. March 2017 Description Designed by Arquitectonica, The Austin is located in the desirable Lower Polk neighborhood offering an onsite art space and cafe, public transportation and popular Polk Street restaurants and retailers. Amenities Landscaped courtyard Lobby lounge Concierge Roofdeck Firepit Private garage Valet parking Bike storage Pet grooming Entry Kitchen Living Room Roofdeck 6
1450 Franklin 1450 Franklin Street Total Residences Total Floors HOA Sales Launch Pacific Heights Village Properties 69 Condominiums 13 ~$900/mo. Summer 2015 Description Designed by Sternberg Benjamin s, units will have oak floors, Bosch appliances, glass door wine refrigerators, European high gloss cabinets, quartz countertops, Hansgrohe fixtures and frameless showers. Amenities Roofdeck 24/7 concierge Car / bike parking Catering kitchen Outdoor kitchen / bbq Firepit Bedroom Kitchen Bedroom Roofdeck 7
The Pacific 2121 Webster Street Total Residences Total Floors HOA Sales Launch Pacific Heights Trumark Urban 76 9 $1,876/mo. Avg. August 2016 Description Designed by Handel s, each residence has soaring ceilings, generous space, floor-toceiling windows and modern finishes to replicate the grandeur of the neighboring Gold Coast mansions. Amenities Observatory lounge Private garage Valet parking Private fitness studio Yoga garden Living Room Kitchen Bathroom Private Terrace 8
1 Franklin 1 Franklin Street Total Residences Total Floors HOA Sales Launch Description Located at the corner of Franklin, Market, and Page Street, 1 Franklin is ideal for commuting to tech companies in SoMa. Designed by Forum Design, condominiums feature oak flooring, Bertazzoni appliances and Grohe plumbing fixtures Amenities Courtyard Outdoor bbq Roofdeck Bike storage Hayes Valley JS Sullivan 35 8 $545-$660/mo. June 2016 Kitchen Bathoom Bedroom Roofdeck 9
Rockwell 1688 Pine Street Total Residences Total Floors HOA Sales Launch Pacific Heights Oyster Development 260 2 towers, 13 floors $600-$900/mo. April 2015 Description The Rockwell s two modern 13-story towers surround a historic entry facade dating back to the early 1900 s at the corner of Pine and Van Ness. feature high-end finishes, chef s kitchens, and walls of windows with city views. Amenities Fitness center Courtyard Sky lounge Grand solarium Sky terrace Owners club Gourmet kitchen Screening room Kitchen Living Room Courtyard Fitness Center 10
The Harrison 401 Harrison St Total Residences Total Floors HOA Sales Launch Amenities Roofdeck Lounge Outdoor pool Fitness center Private garage Valet parking South Beach Maximus 298 41 $1,022-$1,887/mo. September 2016 Description The Harrison s 298 condos have unparalled views of the city and the Bay. The building features interiors designed by Ken Fulk, including a penthouse lounge on the 49th floor. Building amenities include a pool, fitness center, 24/7 security and a dedicated concierge. Living Room Lobby Lounge Kitchen 11
72 Townsend 72 Townsend Street Total Residences Total Floors HOA Sales Launch Amenities Roof deck Parking Private patios Water views 24/7 concierge South Beach KB Home 74 7 $700-$900/mo. February 2015 Description Located at the corner of Townsend and Colin P Kelly Jr St, 74 condos and townhomes rise behind a historic industrial street level facade. Interiors were designed by Studio Becker and the building sits just a few blocks from AT&T Park. Kitchen Living Room Courtyard Fitness Center 12
MARKET WATCH San Francisco - SOMA New Condominium Development Pipeline San Francisco Bay 5 1 2 3 10 4 9 6 11 7 14 13 1. Oceanwide Plaza 50 First Street 6. 325 Fremont St 12 15 2. Transbay Block 1 3. Transbay Parcel F 4. Transbay Block 8 400 Folsom Street 75 Howard Street 9. 95 Hawthorne 10. 706 Mission 14. Huxton 15. 99 Rausch 160 Folsom Street 546 Howard Street 325 Fremont Street Fifth St and Mission St 7. 5M 8. 655 4th 11. 525 Harrison St 12. 636 Fourth 13. 1270 Mission 525 Harrison St 8 636 Fourth St 655 4th St 1270 Mission St 13 95 Hawthorne St 923 Folsom St 5. 75 Howard 706 Mission St 99 Rausch St
Oceanwide Plaza 50 First Street Yerba Buena Mission St. & Stevenson St. Oceanwide Holdings Foster + Partners 265 61 2019 Approved Bay Tower 160 Folsom Street South Beach Main St. & Spear St. Tishman Speyer Studio Gang 235 N/A 2020 Planned Transbay Parcel F 546 Howard Street Yerba Buena 2nd St. & 1st St. Hines / Goldman Sachs Pelli Clarke Pello 174 60 2020 Approved 14
Transbay Block 8 400 Folsom Street South Beach 1st St. & Fremont St. Related California OMA / Fougeron Arch. 163 55 2019 Approved 75 Howard 75 Howard Street South Beach Spear St. & Steuart St. Paramount Group Inc. SOM 118 20 2019 Approved 325 Fremont 325 Fremont Street South Beach Harrision St. & Folsom St. Crescent Heights Handel s 118 25 TBS Approved 15
5M Fifth St. and Mission St South of Market Howard St. & Mission St. Forest City / Hearst Corp. Kohn Pederson Fox Assoc. 447 2 Towers 20 + Phased through late 2020s Approved 655 4th (The Creamery) 655 4th Street South Beach Townsend St. & Brannan St. Tishman Speyer BIG 449 41 2018+ Planned 95 Hawthorne 95 Hawthorne Street Yerba Buena Folsom St. & Howard St. New Constructrion Trammell Crow Residential SOM 330 32 TBD Planned 16
706 Mission 706 Mission Street Yerba Buena 4th St. & 3rd St. Millennium Partners Handel s 190 43 2019 Under Construction 525 Harrison Street 525 Harrison Street South Beach Harrison St. & Essex St. Hines Solomon Cordwell Buenz 200 22 2019+ Approved 636 Fourth 636 Fourth Street South of Market Bluxome St. & Brannan St. Solback Property Group Solomon Cordwell Buenz 427 37 2019+ Planned 17
1270 Mission 1270 Mission Street South of Market 9th St. & 8th St. AGI Avant Housing N/A 200 N/A 2018+ Planned Huxton 923 Folsom Street South of Market 6th St. & 5th St. JP Morgan & Align Folsom N/A 120 9 2017 Under Construction 99 Rausch 99 Rausch Street South of Market Brausch St. & Langton St. Belrich LLP / Pillar Capital BAR s 112 6 2017 Under Construction 18