Micro Unit Project Opens at 9th and Mission

Last night we stopped by the opening cocktail party of the micro unit project Panoramic, which will start welcoming residents in two weeks. We snapped the star of the show, developer Patrick Kennedy, with Presidio Bank SVP Richard Cerf. The fully leased project has 120 micro studios and 40 micro suites, or two- and three-bedroom apartments. Half are set aside for California College of the Arts students.

The smallest room is just 274 SF (the mailboxes are probably the only tinier spaces on site). Half a mile away at 333 12th, we had the scoop on another micro project that Patrick is already working on. Sources say the site will likely be a mid-rise totaling six stories. It'll also be bigger than Panoramic, which has 160 units. He's also working on a micro project in Berkeley and plans to time delivery in line with the fall 2016 school year.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Suburban D.C. County Weighs Microhousing As Affordability Salve

Fannie Mae, Freddie Mac Rewrite Underwriting Standards For NYC's Rent Freeze

RealPage Antitrust Case Ends With Nearly $360M In Settlements For Renters

ZOM Living Entity Files For Bankruptcy To Fund Fight To Overturn $323M Judgment

Golden Apartment Building Sells For $62M To Chicago Company

New Student Housing Towers Lease Up Quickly In University City, But Developers Can't Build More

Nord Group's Lawyer Moves To Quit, Says Entities Can't Pay Him

Orchard Partners Selects JLL To Market 892K SF Manufacturing Campus In Brisbane: The San Francisco Deal Sheet

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash

Tyko Capital Sets New Record For Florida's Largest Construction Loan