| CALA Foods Market Story |
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| Sunday, 05 July 2009 | |||||||
Page 5 of 5 Text of SF Business Times Story on Cancellation of 690 Stanyan Project San Francisco Business Times Developer scraps S.F. Whole Foods project because of city fees 7 July 2007-Notice of Preparation of EIR ("Initial Study") issues for 690 Stanyan 3 Aug. 2007- HANC submits "Comments on Scoping of EIR 206.046E 690 Stanyan". 13 September 2007- HANC Board votes to oppose project. 19 Jan. 2008- Draft EIR for 690 Stanyan published 2 Feb. 2008- HANC sponsored neighbors meeting on 690 Stanyan where it is learned that the immediate neighbors have never been approached or directly notified by the Brennan's of their pending project. 8 Feb. 2008 - Plan Com Approves Parking Lot for 690 Stanyan 28 Feb. 2008 - Public Hearing on Draft EIR, HANC, Sierra Club and some 20 or so residents submit written comments pointing out incompleteness of traffic impacts studies. 1 October 2008- Comments and Responses to EIR document published. It took the developers 8 months to respond to comments made at 28 Feb hearing. 18 October 2008 - HANC sponsored neighbors meeting on 690 Stanyan 23 October 2008 - Project approved and final EIR certified. 28 May 2009- Mark Brennan tells SF Business Times project is "scrapped" because of financing some 7 months after getting approval. Text of SF Business Times Story on Cancellation of 690 Stanyan Project San Francisco Business Times Developer scraps S.F. Whole Foods project because of city fees - by J.K. Dineen The developer of a "Whole Foods" and housing development approved for a vacant lot at Haight and Stanyon streets has decided to shelve the project, citing high city fees and the economic downturn. Project manager Mark Brennan said the family development business would have had to pay between $5 million and $6 million in city fees just to pull permits on the development, which was to include 62 apartments and a 34,000 square foot Whole Foods. The development fees cover everything from an affordable housing to San Francisco Unified School District to the Public Utilities Commission. "Its prohibitive," said Brennan. "We just took a look at the market and our own budget and every time we came up with a number, the fees were prohibitive. Brennan blamed the city's rigorous 32-month entitlement process that started in February of 2006, when the economy was roaring, and did not end until October 2008, when the global financial crisis was in full swing. "This project should have started a year ago. "Its ridiculous," he said "If this had started when it was supposed to start we would have already turned the shell over to Whole Foods. We would be fine. But the financing will be difficult to get now." Brennan said his family is in talks with Whole Foods about possibly building out a smaller specialty grocery store in the existing 23,600 square foot building, but that no deal has been reached. The building was home to Cala Foods until the store closed in May of 2006. Thursday, May 28, 2009, 1:37pm PDT | Modified: Thursday, May 28, 2009, 1:46pm All contents of this site © American City Business Journals Inc. All rights reserved. |
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