Laurel Village Realtors (“LVR”), as the exclusive Listing Broker, is pleased to present 101 Hyde Street (the “Property”), an entitled, mixed-use and transit- oriented residential development opportunity located at the convergence of San Francisco’s Mid-Market, Civic Center, Van-Ness Corridor and Uptown Tenderloin neighborhoods. The eight-story development opportunity is situated on the northwest corner of Hyde Street and Golden Gate Avenue, immediately adjacent to the prestigious UC Hastings College of the Law within the Civic Center submarket and approximately two blocks from the burgeoning technology corridor with access to some of the world’s most innovative technology employers such as Twitter, Dolby, Square, Zendesk, One Kings Lane and Benchmark Capital, among others. The existing Property improvements consist of a single-story building, 20-feet-tall, comprised of approximately 9,500 gross square feet, including the mezzanine area, situated on a rectangular shaped lot with a parcel area of approximately 10,600 square feet.
The 83,014 gross square foot development opportunity consists of 85 entitled residential units reflecting a contemporary architectural style. The proposed design would differentiate the retail uses from the residential uses above. The Property may provide interim cash flow prior to commencement of construction to offset any carry costs to the extent the U.S. Post Office remains as its tenant beyond 2015. The Property provides exceptional access to public transportation in addition to some of the newest restaurants and night life along Market Street.