Over the past two decades, San Francisco developer Build Inc has enjoyed a winning streak, skillfully navigating the city’s treacherous political landscape and winning planning approvals for housing projects in Hayes Valley, Dogpatch, Tenderloin, Civic Center, SoMa and Bayview Hunters Point.
On Tuesday night, that perfect record ended in dramatic fashion. In an 8-3 vote, the supervisory board rejected a 495-unit tower project at 469 Stevenson, a 28,000-square-foot lot in an alleyway just at the corner of Sixth and Market. The parking lot is owned by Nordstrom, who uses it for valet parking at its nearby department store.
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