March 17, 2026 - 08:31

A long-vacant and infamous San Francisco lot, colloquially known as ‘Lake SoMa’ for its tendency to flood, may soon be home to a significant new residential tower. The proposed development envisions a 25-story building, marking a dramatic transformation for the challenging site.
The project is part of a broader trend in the city, where developers are increasingly proposing taller and denser buildings. This shift in design philosophy is largely driven by the pressing need to make new housing construction financially feasible amidst high land, labor, and material costs. By building upward with greater unit density, projects aim to achieve the economies of scale necessary to move forward.
The site’s history as a persistent flooding problem presents a major engineering hurdle. Any serious proposal will require substantial and innovative foundational work to ensure the structure’s long-term stability and safety. Successfully developing this particular parcel is seen as a test case for building on other difficult lots within the urban core.
If approved and constructed, the tower would contribute a substantial number of new housing units to the South of Market neighborhood. Its progression will be closely watched as an indicator of the city's ability to translate its goals for increased housing density into tangible reality, especially on sites that have defied development for years.
October 10, 2026 - 22:14
Best residential property deals the week of Sept. 28 in Kane CountyA single-family home in North Aurora that sold for $380,000 tops the list of the best real estate deals in Kane County in the past week. The property, located in the Orchard Estates subdivision,...
October 10, 2026 - 01:09
Gizelle Gorkowski: Improving lives through real estate — one Northern Virginia home at a timeSome agents study a market from the outside. Gizelle Gorkowski learned hers from the ground up. A lifelong resident of Northern Virginia, she completed her first residential transaction in 2001 and...
October 9, 2026 - 21:31
Navigating Today’s Real Estate Market with The Parker GroupThe real estate market is constantly changing, but buyers and sellers still have opportunities with the right strategy. Julie Warren of The Parker Group recently appeared on Coast Life to discuss...
October 9, 2026 - 09:33
Rizer is 'optimistic and enthusiastic' about Loudoun's economic futureBuddy Rizer is at the helm of Loudoun County`s efforts to promote business growth. At a county Chamber of Commerce event Oct. 8, he laid out an optimistic vision for the region`s economic future,...