“A Work in Progress.” – Matt
After years of delays, 555 Fulton is forecast for 2019 delivery of 139 residences in a mid-rise building with a planned-for ground-floor grocer along the north edge of Hayes Valley.
Home sizes range from studio to three-bedroom layouts. Amenities of note include a rooftop terrace, community lounge, private resident meeting space, dog area, bike workstation, and ground floor market.
Developer: Fulton St. Ventures | Architect: Ian Birchall Associates
555 Fulton St. replaces the two-story commercial/industrial building that measured approximately 19,620 square feet on a rectangular lot that is just shy of 45,000 square feet. When it’s complete, 555 Fulton will be a five-story, mixed-use building with 139 homes, 29,000 square feet of ground floor commercial use (a planned grocery store), and 148 off-street parking spaces (some for the residences and some for the commercial tenant). New Seasons Market from Portland had signed a lease for the grocery store space, but backed out in January 2018 because of construction delays.
Approximate home sizes available:
Studio homes: 21 homes
One-bedroom homes: 51 homes
Two-bedroom homes: 64 homes
Three-bedroom homes: 3 homes
The project, as approved by SF Planning in October 2013, creates a generous public plaza near the Laguna Street entry to the grocery store which serves as an extension of the public realm. The streetscape along the entire project frontage would receive substantial enhancements in accordance with the Better Streets Plan; these enhancements include street trees, extensive landscaping, continuous permeable paver strips, textured paving and planting pockets along Birch Street, and a bulb-out at the corner of Laguna and Fulton Streets.
Number of Homes
Delivery estimated for 2019
One-bedroom homes start in the $800,000 range, and two-bedroom homes start at around $1,100,000.
The building will have 148 off-street parking spaces. Of these spaces, 77 will be for the commercial tenant, 68 will be for the residents, and 3 will be car-share spaces.
Amenities and Finishes
Below Market Rate (Inclusionary Housing) Homes
12% on-site, which translates to 17 homes. The unit mix and location need to be approved by the Mayor’s Office of Housing, and will most likely approximate the ratio of 1 bedroom, 2 bedroom, and 3 bedroom homes.
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