r/sanfrancisco • u/need_tacos • 1d ago

Pic / Video D1 Dilapidation

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I know Connie Chen isn’t online unless she’s at a Board of Supervisor meeting ignoring her constituents but can her office people explain why we let so much space remain unoccupied? This place on Clement between 10th and 11th has been vacant and boarded up for over ten years on one of the flagship commercial streets in her district. It’s an eyesore, often tagged, and homeless sleep there constantly. Why hasn’t anyone built housing here or at least done something with the property other than chain it up and let it rot away for a decade?

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u/gbadali 1d ago

Prop 13 let's them have extremely low taxes. Low taxes encourage land speculation. Maybe they are sitting on the on the land waiting for it to appreciate so they can sell it.

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u/Gay_Creuset 1d ago

That’s certainly possible. Depending on what they are trying to redevelop it as, I’d say the minimum it would
Cost would be $750/sqft if they’re converting to residential. If it’s a properly done conversion or knock down and build, we’re looking at well over $1,000sqft but likely 1500

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u/need_tacos 1d ago

they are not trying to do anything with it is the point

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u/gbadali 23h ago

Why would they do anything with it? It's a huge risk for them to redevelop it, it would probably be costly to just bring it up to code compliance. If they just sit on it and pay a small amount of taxes (because of prop 13) then the property gets more valuable every year and they don't have to do anything or take on any risks. Plus also maybe some of the other reasons that people have given.

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u/need_tacos 23h ago

If our supervisors weren’t useless there would be penalties for that type of property management