A stalled residential skyscraper near the intersection of Van Ness Avenue and Market Street could go ahead after a deal where the developer would be entitled to additional height and density in return for buying of a nearby parcel and its dedication to San Francisco for affordable housing.
Under the agreement between supervisor Dean Preston and developer Related California, the height of an approved tower at 98 Franklin St. would increase from 365 feet to 400 feet, allowing the developer to increase the number of units from 40 – from 345 to 385 .
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