TL 361

Rentals Pending
Expand Map
Apartment
240 Units
7 Stories
Construction Started Mar 2020
250 - 450 SqFt
TL 361 is a new apartment development currently under construction at 361 Turk Street, San Francisco. TL 361 has a total of 240 units. Sizes range from 250 to 450 square feet.

TL 361 Details

Building Type:
Apartment
Leasing Status:
Pending
Rentals Start:
-
Construction Status:
Construction
Construction Started:
Mar 2020
Estimated Completion:
-
Builder(s):
Architect(s):
-
Ceilings:
-
Interior Designer(s):
-
Marketing Company:
-
Leasing Company:
-
Amenities
Rooftop Deck
Lounges
See All Amenities
See Less Amenities

TL 361 Summary

Forge Development Partners is pleased to present TL 361, a two-building, 240-micro unit apartment home community strategically located and designed to address the workforce housing gap in a central San Francisco location. This Project, which will also features 3,000 SF of retail, represents an exceptional opportunity to live in an area with direct access to blue chip employers in the Government Center, Financial District, and South of Market (SOMA), rapid transit access via Bay Area Rapid Transit (BART) and all the various amenities of life in San Francisco. The development is unique in that it’s privately imposing income restrictions on 51% of the units to workforce income levels. Furthermore, 12% of the units have qualifying incomes at ~$32k/yr as controlled by MOH and the inclusionary housing ordinance, plus, an additional 39% of units will have a qualifying income of ~$75k/yr with a maximum qualifying income of ~$80k/yr. The remaining 49% of the units will be offered at market rate starting at approximately a $82k/yr qualifying income. These metrics will be annually means-tested for compliance and self regulated as required by the Freddie Mac funds. The project will be built to exceed LEED Gold Standards.

Source: Forge Development Partners
See More
See Less

TL 361 Latest News



Activity

shoppers have saved this home. Save this development to receive email alerts with building updates or when inventory that meets your bedroom, pricing, or square footage criteria becomes available.


Is this your Development?

Want to make additions to this development page and unlock its analytics? Admins can edit listings live on the site (and have full access to their developments' custom analytics interfaces!)
Updated: Apr 18, 2020
BuzzBuzzHome is North America's largest repository of new construction homes. Our comprehensive database is populated by our meticulous research and analysis of public data. BuzzBuzzHome strives for accuracy and we make every effort to verify the information. However, BuzzBuzzHome Corp. is not liable for the use or misuse of the site's information. The information displayed on buzzbuzzhome.com is for reference only.