Meet San Francisco’s Newest Up-And-Coming Neighborhood, The Shipyard
Author:Michelle KonstantinovskyFor most Bay Area residents, the thought of buying a home within San Francisco city limits either incites fits of tears, laughter, or fantasies of winning the Lottery. But one neighborhood is offering promising possibilities to would-be city dwellers, claiming close to 50 percent of its residents as first-time homebuyers.
With a rich history 150 years in the making, the San Francisco Shipyard is transforming into one of the city’s most up-and-coming neighborhoods, taking shape as a revitalized, multi-billion dollar waterfront district with 11 buildings under construction. It’s no secret the city has been undergoing some major landscape changes in recent years, but this one might top them all—it’s the largest redevelopment effort since the 1906 earthquake.
Once the makeover is complete, the new and improved shipyard will offer 6,000 homes, hundreds of acres of parks, and all the accouterments of a cozy city neighborhood, including coffee houses, gyms, dining, retail, and entertainment venues. Not to mention three million square feet of waterfront commercial space including an emerging business incubator and a potential space for San Francisco State University’s extended campus.
If you’re curious what the new residences are like, the first 88 homes at the Shipyard, Olympia and Merchant, feature contemporary design from Lennar Urban with amenities including parks, private patios, and rooftop decks. Featuring high-quality interior finishes like hardwood floors, custom cabinetry, quartz stone countertops, and more, the homes feature brand-new infrastructure and impressive views, all for prices comparable to those SF residents are used to paying for rentals.
Sales for the next four buildings, comprising 159 homes, will be announced in the next few weeks, and are slated for completion by early 2016. If you’re already sold on swooping up a Shipyard home, Tides and Thayer are already selling. For more information about the next release of homes or to learn more about The San Francisco Shipyard, visit thesfshipyard.com, call 415-383-5500, or connect at @TheSFShipyard.
