S.F. Board Upholds Kilroy Impact Fee, Denies Condo Challenge
The San Francisco Board of Appeals decided this week Kilroy Realty needs to pay a $6.4M impact fee and denied multiple appeals set on overturning the city's approval of Paramount Group's planned condo tower at 75 Howard St.
In a 3-2 vote, the board denied Kilroy Realty's appeal concerning the Transit Impact Development Fee for The Exchange on 16th in Mission Bay (above). Kilroy could request a rehearing. The dispute of the fee has delayed permitting of construction, according to SocketSite. Kilroy purchased the Mission Bay property in 2014 and broke ground on The Exchange in September.