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Developers Win Incentive for Apartment Development in San Francisco As Housing Goals Fall off Track

City First in State To Fall Subject to Senate Bill Designed To Spur Housing Construction

Local developer Martin Building Co., behind the proposed redevelopment of 1101 Sutter St., is among firms that could see their approvals fast-tracked following the passing of a state law. (CoStar)
Local developer Martin Building Co., behind the proposed redevelopment of 1101 Sutter St., is among firms that could see their approvals fast-tracked following the passing of a state law. (CoStar)

Apartment developers in San Francisco have won a development incentive in the form of a fast-tracked approvals process after the region became the first California city to be deemed not on track to meet state-mandated housing development goals.

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