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New housing, more offices, but not infrastructure

Aug 29, 2018 | Posted by Jeff Weil | California Economics, Trends |

I am so glad we’re building new freeways and additional Transbay bridges and BART tunnels … NOT! Yet there is a huge push to build hundreds of thousands of new homes in the Bay Area to accommodate the hundreds of thousands of new tech jobs. In just one submarket, San Francisco’s Central South of Market “Planned projects total 8,320 homes and 8 million square feet of office space to accommodate up to 40,000 new jobs. In exchange for greenlighting projects, the city anticipates $2 billion in fees.” Where is the infrastructure for all this? (San Francisco Business Times, June 28, 2018)

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Jeffrey Weil, CCIM, MCR.h, SIOR

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Phone: +1 925 279 5590
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Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

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