DOWNTOWN PLAN ANNUAL MONITORING REPORT ABOUT THE DOWNTOWN PLAN - - PowerPoint PPT Presentation

▶
downtown plan
SMART_READER_LITE
LIVE PREVIEW

DOWNTOWN PLAN ANNUAL MONITORING REPORT ABOUT THE DOWNTOWN PLAN - - PowerPoint PPT Presentation

Dec 12, 2022 357 likes •488 views

DOWNTOWN PLAN ANNUAL MONITORING REPORT ABOUT THE DOWNTOWN PLAN MONITORING REPORT Produced annually DOWNTOWN C3 ZONE Data covers 2018 or FY17-18 Monitors: Commercial Space Employment Taxes and Revenue SAN FRANCISCO

slide-1
SLIDE 1

DOWNTOWN PLAN

ANNUAL MONITORING REPORT

slide-2
SLIDE 2

2018 Downtown Plan Monitoring Report

ABOUT THE DOWNTOWN PLAN MONITORING REPORT

Produced annually – Data covers 2018

  • r FY17-18

Monitors: – Commercial Space – Employment – Taxes and Revenue – Building Activity – Transportation – Housing Production – POPOS

DOWNTOWN C3 ZONE

SAN FRANCISCO

slide-3
SLIDE 3

2018 Downtown Plan Monitoring Report

2018 HIGHLIGHTS – COMMERCIAL SPACE

Vacancy and Rents

Office Vacancy Retail Vacancy

20 40 60 80 100

7.7% 6.4% 9.3%

20 40 60 80 100

6.6% 3.0%

SEE TABLE 3 SEE TABLE 4 CITYWIDE BAY AREA DOWNTOWN CITYWIDE DOWNTOWN

$288

AVERAGE RATE / ROOM OCCUPANCY / SQUARE FOOT

85%

Downtown Office Rent Hotel

SEE TABLE 5

6% $75.57

slide-4
SLIDE 4

2018 Downtown Plan Monitoring Report

Other cie hotel pdr retail

  • ffice

724,600

2%

2018 From 2017

14% 17% 42% 24% 1% 2%

2018 HIGHLIGHTS – EMPLOYMENT

sAN fRANCISCO Jobs by Sector

14% 10% 62% 10% 0% 3%

Downtown C-3 Jobs by Sector

294,300

6%

2018 from 2017

slide-5
SLIDE 5

2018 Downtown Plan Monitoring Report

2018 HIGHLIGHTS – PIPELINE

Office Pipeline

80% 20%

16.8 million sf

Citywide

3.4 million sf

Downtown

CITYWIDE C-3 Districts

slide-6
SLIDE 6

2018 Downtown Plan Monitoring Report

2018 HIGHLIGHTS – HOUSING PRODUCTION

Housing Production

C-3 and Downtown Residential Districts Rest of City

62% 38%

2,309 units

Citywide

882 units

Downtown

slide-7
SLIDE 7

2018 Downtown Plan Monitoring Report CITYWIDE C-3 and DTR Districts

2018 HIGHLIGHTS – PIPELINE

Housing Pipeline

14% 86%

71,072 units

Citywide

10,117 units

Downtown

slide-8
SLIDE 8

2018 Downtown Plan Monitoring Report

2018 HIGHLIGHTS – TRANSPORTATION

2010 2016

AVERAGE VEHICLE OCCUPANCY (WORKERS)

0.88 0.86 1.18 1.17

DOWNTOWN C-3 CITYWIDE

711,000

n/a

PEAK-PERIOD TO/FROM DOWNTOWN SYSTEMWIDE

2% 414,200

142,900

AT DOWNTOWN BART STATIONS

2%

65,100

15,400

AT 4TH & KING STATION

169,000

14,500

TRANSBAY LINES

2% 2%

SYSTEMWIDE SYSTEMWIDE SYSTEMWIDE

2%

7%

1%

MODE SPLIT C-3 RESIDENTS C-3 WORKERS

TRANSIT

2012-16 ACS

33% 57%

slide-9
SLIDE 9

2018 Downtown Plan Monitoring Report

2018 HIGHLIGHTS – IMPACT FEES

$18.4 million

TRANSIT IMPACT DEVELOPMENT FEE COLLECTION (FY 2018)

Total

$7.9 million

TRANSPORTATION SUSTAINABILITY FEE COLLECTION (DOWNTOWN, FY 2018)

Total

63% 59 times

Credit: Foster + Partners and Heller Manus Architects for Oceanwide Center LLC

$6.2 million in tsf, 562 Mission Street

slide-10
SLIDE 10

2018 Downtown Plan Monitoring Report

REPORT AND DATA AVAILABLE

Planning Department website data sf

SFPLANNING.ORG DATASF.ORG

Credit: Omar Bárcena, “Lumina 09160” February 20, 2017 via Flickr, Creative Commons Attribution

slide-11
SLIDE 11

COMMENTS AND QUESTIONS AUDREY.HARRIS@SFGOV.ORG 415-575-9136

Credit: darwin Bell, “Human Structures” April 24, 2013 via Flickr, Creative Commons Attribution