landingsupportour storylibrarycontacts
forumpoststagsnews

SF’s notorious ‘Lake SoMa’ housing site could become a 25-story tower

March 17, 2026 - 08:31

SF’s notorious ‘Lake SoMa’ housing site could become a 25-story tower

A long-vacant and infamous San Francisco lot, colloquially known as ‘Lake SoMa’ for its tendency to flood, may soon be home to a significant new residential tower. The proposed development envisions a 25-story building, marking a dramatic transformation for the challenging site.

The project is part of a broader trend in the city, where developers are increasingly proposing taller and denser buildings. This shift in design philosophy is largely driven by the pressing need to make new housing construction financially feasible amidst high land, labor, and material costs. By building upward with greater unit density, projects aim to achieve the economies of scale necessary to move forward.

The site’s history as a persistent flooding problem presents a major engineering hurdle. Any serious proposal will require substantial and innovative foundational work to ensure the structure’s long-term stability and safety. Successfully developing this particular parcel is seen as a test case for building on other difficult lots within the urban core.

If approved and constructed, the tower would contribute a substantial number of new housing units to the South of Market neighborhood. Its progression will be closely watched as an indicator of the city's ability to translate its goals for increased housing density into tangible reality, especially on sites that have defied development for years.


MORE NEWS

Real Estate Program Welcomes First Professor of Practice

October 6, 2026 - 03:02

Real Estate Program Welcomes First Professor of Practice

Mark Apker has joined the college as its first Professor of Practice in real estate. He brings a rare combination of industry leadership, legal expertise, and academic experience to the...

VICI Properties (VICI) Could Be 46% Undervalued As Its Alberta Rent Stream Holds Flat

October 5, 2026 - 03:00

VICI Properties (VICI) Could Be 46% Undervalued As Its Alberta Rent Stream Holds Flat

VICI Properties has restructured its Canadian holdings, signing a new triple net lease with Highfield Investment Group for two racetrack properties in Alberta. The deal keeps the company`s total...

Egypt Moves to Tighten Real Estate Rules with New Developer Law

October 4, 2026 - 21:33

Egypt Moves to Tighten Real Estate Rules with New Developer Law

Egypt is preparing to overhaul the regulation of its real estate development market through a draft law establishing the Egyptian Federation of Real Estate Developers and introducing new rules for...

XLRE vs. RWO: Which Real Estate ETF Offers Better Value

October 4, 2026 - 03:50

XLRE vs. RWO: Which Real Estate ETF Offers Better Value

Investors looking at real estate exposure have two very different options in XLRE and RWO. One fund keeps its focus on U.S. large-cap properties and charges a 0.08% expense ratio. The other spreads...

read all news
landingsupportour storylibrarycontacts

Copyright © 2026 Acresh.com

Founded by: Lydia Hodge

forumpoststagssuggestionsnews
user agreementcookie infodata policy