A new San Francisco development, One Hawthorne,  will be opening in Downtown San Francisco in early 2010.  The location is at the corner of Hawthorne and Howard.  Compared to other new developments in San Francisco,  The Infinity at 656 units, One Rincon at 709 units and The Millenium at 419 units, One Hawthorne is a boutique building offering just 165 units. One Hawthorne will have condos ranging from junior 1 bedrooms to 3 bedroom penthouses.

Pricing can only be estimated right now as ranging from the $400,000s to $2,000,000. And pricing will be key. The South Beach and SOMA developments that listened and responded to the market in 2009 were rewarded with plenty of buyers. For example: The Infinity has less than 50 units available after selling an average of 40 homes a month (making it one of the top selling development in the country) One Rincon states to be 80 percent sold out . Other nearby developments such as The Montgomery have only a few unit left for sale.

One Hawthorne is positioned well as an alternative to the larger towers in South Beach and SOMA: Located on a quiet(er) historic block in Downtown San Francisco.  A rooftop garden for residents.  A new restaurant Benu (from the former chef de cuisine of French Laundry) is opening right on Hawthorne Lane. 

As the debate continues on whether or not we have hit the bottom of the market and starting a recovery, the sales at One Hawthorne will be an exciting indicator. It is looking to be a gorgeous development with the best of the city’s amenities. One Hawthorne will a welcome beginning to 2010.

san_francisco_federal_building.jpgToday, Thursday, March 20th, was one of those glorious sun filled days in San Francsico where you just wanted to pinch yourself to appreciate you live in paradise. In San Francisco. Or in a slice of heaven. And look what wonderful things our Building Inspection Commission is doing to bring San Francisco to a greener city. They just approved to send green building standards to the San Francisco Board of Supervisors.  If the supes agree on these standards, then Mayor Newsom will sign them into law.  This Chronicle article explains this in a wonderful way. Basically developers would have until 2012 to comply with the new codes. And there are ways to green the existing building you live in. I just love this since there is relatively little new construction happening in the city so most residents have an older structure to try and ‘green’ (if motivated). Here’s what one can do:

Install solar panels (reduce the use of electric and gas utilities)

Companies can encourage employees to ride bikes to work by allowing large bike storage rooms (less cars on the road, less gas used, cleaner air)

Landscapers can use plants and flowers that do not require a lot of watering (preserves a natural resource)

Remodeling companies can use recycled wood and other products in homes. You should see some the quality of these products! Check out http://www.greenhomeguide.com/ for recommendations.

Have you seen the Federal Building on 7th Street? You may have been struck by the style of architecture. One of the many goals of a green building is to maximize the amount of light that can enter a building to reduce the use of electricity.  That Federal Building is a prime example of a green building maximizing light!

 I feel truly blessed to be living in San Francisco and it was its temperate weather and environment that drew me here years ago from the East Coast. It started as a simple dream, I just wanted to be able to run year round. I now want to run year round and preserve this phenomenal environment we live in.

 A slice of heaven all over San Francisco! Can you imagine owning property anywhere else? 🙂

http://www.jenndavis.com/

jdavis@mcguire.com