[CPEO-MEF] REUSE: San Francisco, CA "Presidio plans first new housing in 20 years with 196-unit apartment project"

[Lenny Siegel <Lsiegel@cpeo.org>]

Exclusive: S.F.’s Presidio plans first new housing in 20 years with 196-unit apartment project

By J.K. Dineen
San Francisco Chronicle (CA)
October 30, 2025

San Francisco’s historic Presidio will be getting its first new ground-up development in more than two decades, with a 196-unit, six-building apartment complex planned on 4.6 acres of the 60-acre district once occupied by the Army’s Letterman General Hospital.

The project represents a major effort by the Presidio to generate the revenue needed to keep the federal entity self-sufficient and create more housing in a one-of-a-kind national park that has 1,400 housing units that are more than 97% percent occupied. The housing at the Presidio currently brings in about 35% of the revenue needed to operate the park, according to Joshua Bagley, deputy chief business officer for the Presidio Trust. 

Adding another 196 market rate units will add to that revenue stream in a significant manner, he said.


…

For the entire article, see
https://www.sfchronicle.com/sf/article/presidio-housing-apartments-21122834.php

—

Lenny Siegel
Executive Director
Center for Public Environmental Oversight
A project of the Pacific Studies Center
LSiegel@cpeo.org
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650-961-8918
http://www.cpeo.org
Author: DISTURBING THE WAR: The Inside Story of the Movement to Get Stanford University out of Southeast Asia - 1965–1975 (See http://a3mreunion.org)




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