The purpose of this project to construct a building with approximately 1,105 dwelling units and fulfill San Francisco's housing goals. The project site is located at 655 Fourth Street, 280-290 Townsend Street, and 292-296 Townsend Street in San Francisco's South of Market (So Ma) neighborhood. The intersection of Fourth Street and Townsend Street is directly south of the project site, with Fourth Street to the west and Townsend Street to the south. The approximately 71,300-square-foot project site (1.64 acres) is composed of seven lots (lots 26, 28, 50, and 161- 164 of Assessor's Block 3787). The project site is completely developed, has minimal landscaping, and has served largely commercial land uses. he 655 Fourth Street Project would entail demolition of the three existing buildings, associated surface parking lots, and vegetation on the project site, including street trees and other plantings The project would merge the seven existing lots and construct a podium building with two towers rising to approximately 380 and 400 feet in height, respectively, and containing a total of approximately 1,032,594 square feet of residential area. The proposed project would consist of approximately 1,105 dwelling units with a mix of approximately 129 studios, 539 one-bedroom units, 400 two-bedroom units, and 37 three-bedroom units. The ground floor of the building would contain 9,857 square feet of ground-floor retail use and a vehicle drop-off area, bike facilities, a loadi11g dock, back of the house retail operations, and a refuse handing area. The ground floor would open onto a plaza with 9,153 square feet of exterior privately owned, publicly accessible open space (POPOS) in the form of a public plaza. The new development would also include a 142,580-square-foot-below-grade, two-level basement containing car parking, and other back-of-house features such as mechanical equipment required for operation and maintenance of the building
A 30-foot-wide curb cut on Townsend Street would provide two vehicle lanes and one two-way truck lane to access parki11g drop-off and a loading dock with three loading bays at the ground level, and to provide access to the vehicular ramp to the basement parking levels containing approximately 284 vehicle parking stalls. The proposed project would provide 354 class 1 bike parking stalls. Additionally, the proposed project would provide 60 class 2 bike racks available throughout the streetscape and in the public plaza. The project would have approximately 66,609 square feet of operating space, including 57,456 square feet of private and commonly accessible open spaces for building residents and 9,153 square feet of ground-floor exterior publicly accessible open space.